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Chris Markoch

C.H. Robinson Bets Its AI Story on RXO—But the Market Isn't Sold

RXO Artificial Intelligence CHRW NYSE UPS

Investors in C.H. Robinson Worldwide (NASDAQ: CHRW) have had a few days to react to the company's announcement of a stock-and-cash agreement to acquire RXO (NYSE: RXO) with an implied value of $5.8 billion. CHRW closed down nearly 11% on announcement day and fell another 4% on Oct. 6, extending the slide.

The Acquisition Makes C.H. Robinson a Different Company

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