C.H. Robinson Worldwide plans to acquire brokerage and transportation services provider RXO in a stock-and-cash transaction valued at $5.8 billion, the companies announced in a news release Monday.

The deal, which is expected to close in the first half of 2027, is subject to customary closing conditions, including regulatory clearance and approval by RXO shareholders. The combination would create an over $25-billion third-party logistics company featuring C.H. Robinson’s global, multimodal services and RXO’s brokerage, expedited and last-mile services in North America, per the release.

“This combination materially increases our network density, bringing together approximately 93,000 shippers and 600,000 carriers,” Dave Bozeman, C.H. Robinson president and CEO, said during an investor presentation. “We will also have an expanded business mix, with the combined company offering more solutions across the supply chain. This network density and diversity will allow us to enhance freight matching, improve service levels, and better compete across transportation markets.”