It matters more for RXO—and its stock. UPS said it is selling the third-party logistics provider Coyote Logistics to RXO for $1 billion. Coyote is a freight broker. It doesn’t own trucks ...

Gifting allows recipients to access the article for free. Coyote Logistics veteran Matt Silver raised $12 million for logistics-technology startup Cargado. It’s the second startup for Silver.