{
  "id": 16894065,
  "title": "Jacobs, RXO’s creator, backs its acquisition by C.H. Robinson",
  "url": "https://urgent.news/2026/10/28/jacobs-rxos-creator-backs-its-acquisition-by-c-h-robinson",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T11:00:00.000Z",
  "source": {
    "name": "FreightWaves",
    "slug": "freightwaves",
    "url": "https://www.freightwaves.com/news/jacobs-rxos-creator-backs-its-acquisition-by-c-h-robinson"
  },
  "original_language": "en",
  "account": "Chattanooga – Brad Jacobs, the creator of RXO (RXO:NYSE), publicly supported the 3PL's acquisition by C.H. Robinson on the grounds that scale and density are crucial in the brokerage world. During the FreightWaves Future of Freight Festival, Jacobs clarified that he had no involvement in the C.H. Robinson acquisition of RXO for around $6 billion, which was handled by RXO CEO Drew Wilkerson and C.H. Robinson CEO Dave Bozeman. However, Jacobs attributed the decision to split up the XPO conglomerate to himself, resulting in RXO and GXO.\n\nJacobs emphasized the importance of finding trucks and freight quickly, stating that larger companies have an advantage in this regard. RXO shareholders will receive $17.25 per share in cash and 0.0856 shares of C.H. Robinson stock for each share of RXO they own, with a total value of $30.25 per share. Jacobs expressed favor for the larger portion of the compensation being in stock rather than cash, as it allows shareholders to benefit from the synergies.\n\nJacobs had kind words for RXO CEO Drew Wilkerson, describing him as a \"really nice guy\" and highlighting his honesty, humility, and integrity. The RXO deal marks the culmination of Jacobs' vision for XPO (NYSE: XPO), which originally aimed to become the world's largest trucking company. However, he concluded that owning an excessive number of trucks offers limited benefits for shipper needs. Instead, Jacobs shifted focus to acquiring brokerages, eventually breaking XPO up into RXO and GXO to make the company more manageable and customer-centric.\n\nJacobs also discussed the future of autonomous trucking, stating that a sector primarily powered by autonomous vehicles will be more efficient, akin to Uber's on-demand service. However, he acknowledged the uncertainty surrounding the ownership of trucks and the potential for government or individual ownership. In 2023, Jacobs stepped down as chairman of both XPO and GXO to focus on his new venture, QXO, which aims to consolidate the building products market using logistics as a key component of success.\n\nQXO has acquired three companies and reported a revenue of just under $5 billion for the first six months of 2023. Despite its stock experiencing a 41% decline in the past year and a 14.4% drop in the last month, Jacobs remains confident in the model for QXO. He believes that building products will always be in demand, especially during challenging weather conditions. Jacobs sees QXO as a real and durable business that can be consolidated, streamlined, and enhanced through technology and customer-centric practices.",
  "summary": "Chattanooga–The man who created RXO gave his public support to the 3PL’s acquisition by C.H. Robinson, saying you need “scale and density” to make it in the brokerage world. Brad Jacobs, who as CEO of XPO Logistics spun off RXO into a standalone publicly-traded 3PL, told the FreightWaves Future of Freight Festival here that he […] The post Jacobs, RXO’s creator, backs its acquisition by C.H.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}