A major acquisition is underway in the freight brokerage industry. C.H. Robinson is purchasing rival RXO for $5.8 billion. This move is expected to increase the company's size.

The company behind the purchase, C.H. Robinson, is based in Eden Prairie. Further details about the acquisition can be found through the source.

The purchase price of $5.8 billion indicates a significant investment by C.H. Robinson in its expansion efforts. For more information on this development, readers can refer to the original source.