RXO Inc

RXO, Inc. provides asset-light transportation solutions. It offers managed transportation, freight forwarding and last mile delivery. The company was founded on May 5, 2022 and is headquartered in Charlotte, NC.

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q4 2024

RXO Inc reports strong Q4 earnings, targets $500M EBITDA by 2027

RXO Inc's Q4 2022 earnings call highlighted robust financial performance, operational efficiency, and strategic growth initiatives, positioning the company for continued success.
While facing challenges such as inflationary pressures and transition agreements, RXO remains focused on capitalizing on opportunities for profitable growth and technological advancement.
Analyst inquiries centered on key performance metrics and growth strategies underscore the market's interest in RXO's operational excellence and future prospects.

RXO Inc excels in Q1 amidst challenges, eyes growth opportunities

RXO Inc delivered strong Q1 results amidst economic challenges, with a focus on profitable growth and technology integration. Despite uncertainties, the company remains confident in its long-term success and readiness for market improvements. Opportunities for growth exist through digital adoption, synergy revenues, and cost efficiency measures.

RXO Inc excels in Q2 2023 despite soft freight market

RXO Inc's Q2 2023 performance showcased resilience and growth amidst a challenging freight market, driven by market share gains and operational efficiency.
The company's strengths in customer relationships, technology, and cost optimization position it well for future growth and margin enhancement.
While facing challenges of uncertain consumer demand and market recovery, RXO's proactive strategies and focus on contracts and spot loads offer opportunities for revenue stability and growth.
Overall, RXO remains confident in its strategic positioning, long-term targets, and ability to drive earnings growth through operational excellence and market adaptability.

RXO Inc reports strong Q3 performance and eyes EBITDA growth by 2027

RXO Inc's Q3 showcased robust performance and strategic initiatives driving growth. While facing uncertainties and margin challenges, the company remains focused on capitalizing on opportunities and adapting swiftly to market shifts.

RXO Inc reports robust 2023 performance amidst market challenges

RXO Inc delivered a strong performance in 2023, focusing on customer service, innovation, and profitability. While facing challenges in market conditions and gross margin compression, the company remains optimistic about opportunities for growth and cost optimization. Investments are evaluated based on ROIC, with a base case assumption for a second-half recovery.

RXO Inc meets Q1 expectations amidst soft freight market, eyes growth

RXO Inc navigated a soft freight market in Q1 2024, delivering adjusted EBITDA in line with expectations. The company's focus on cost optimization, strategic pricing, and strong customer relationships positions it well for future growth.
Despite challenges such as negative cash flow expectations in Q2 and market uncertainties, RXO's proactive cost-saving measures and service quality enhancements are key strengths. Opportunities lie in growing brokerage volumes, LTL improvements, and market recovery optimism.
To sustain growth, RXO must balance cost efficiencies with service quality, navigate market challenges with agility, and capitalize on opportunities like tech capabilities in LTL business. Strategic pricing adjustments and customer trust in RXO Connect platform are crucial for revenue growth.

RXO Inc reports solid Q2 performance and eyes strategic growth

RXO demonstrated resilience and growth across key segments despite market challenges in Q2 2024.
The company's strategic focus on improving profitability and expanding market share positions it well for future success.
Challenges in gross profit per load and volume growth are being addressed with a focus on operational efficiency.
The upcoming quarters show promise for RXO with expected EBITDA growth, strategic acquisitions, and market outperformance.

RXO Inc reports robust Q3 results post Coyote Logistics acquisition

RXO Inc's Q3 performance was marked by strong financial results, successful integration of Coyote Logistics, and growth in key operational segments.
While facing challenges from soft market conditions, RXO is well-positioned to leverage its strengths in customer service, technology, and contract management.
Opportunities lie in realizing cost synergies from the Coyote acquisition, expanding Last Mile services, and capturing new freight management contracts.
Overall, RXO's strategic focus on operational efficiency and growth amidst market challenges sets a positive trajectory for future performance.

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RXO, Inc. engages in providing asset-light transportation solutions. It also offers managed transportation, freight forwarding, and last mile delivery. The company was founded on May 5, 2022 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation, announced today it has expanded its Responsible Care® certification from the American Chemistry Council (ACC) to include brokerage operations at its Charlotte, North Carolina, headquarters. The company also announced it has maintained its certification for its Naperville, Illinois, managed transportation office. The certification demonstrates RXO's unwavering commitment to transporting chemical.

RXO Expands Responsible Care® Certification

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Thursday, May 2, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EDT. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 888-259-6580 International callers: (+1) 416-764-8624 Conference ID: 34295742 A rep.

RXO Schedules First-Quarter Earnings and Investor Conference Call for May 2, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive. The annual award recognizes top supply chain professionals who serve as an example for other leaders. “Lou, Brian and Alyssa are integral parts of the RXO team, and their dedication, expertise and innovations have been instrumental to driving our success,” said.

Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award

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RXO, Inc. (RXO) Q4 2023 Earnings Call Transcript

RXO (RXO) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.28 per share a year ago.

RXO (RXO) Beats Q4 Earnings Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced its financial results for the fourth quarter and full year of 2023. Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to execute well in the fourth quarter despite the prolonged soft freight environment. For the third consecutive quarter, our brokerage business delivered double-digit volume growth with strong gross margin. Our managed transportation business secured several new managed expedite customers, solid.

RXO Announces Results for Fourth-Quarter 2023, Including Double-Digit Brokerage Volume Growth for Third-Consecutive Quarter

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer; and Kevin Sterling, senior market strategist, will participate in the Barclays 41st Annual Industrials Select Conference in Miami, Florida, on Wednesday, February 21, from 3:35 p.m. until 4:05 p.m. EST. A live webcast and replay of the presentation will be available at http://investors.rxo.com. About RXO RXO (NYSE: RXO) is a leading provider of.

RXO Announces Participation at Barclays 41st Annual Industrials Select Conference

The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest cost possible isn't going out of style anytime soon.

Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says

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RXO, a provider of asset-light transportation solutions, has launched an artificial intelligence (AI)-powered check-in system for trucks arriving at warehouses and distribution centers. This visual AI technology aims to simplify the check-in and security process by utilizing video to identify trucks and extract image and video data, the company said in a Tuesday (Jan.

RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a new AI-powered check-in system for trucks arriving at warehouses and distribution centers. The visual AI technology, which was introduced at RXO's cross-border facility, identifies trucks via video and extracts image and video data to streamline the check-in and security process. “RXO's visual AI technology is already producing positive results at our Laredo, Texas facility,.

RXO Launches AI-Powered Truck Check-In Technology for Warehouses and Distribution Centers

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Thursday, February 8, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 888-259-6580 International callers: (+1) 206-962-3782 Conference ID: 34416829.

RXO Schedules Fourth-Quarter Earnings and Investor Conference Call for February 8, 2024

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics. The award highlights RXO's technology platform, RXO Connect™, which offers shippers a convenient way to move freight with more than 10,000 reliable carriers. The application incorporates robust AI and machine learning algorithms that are trained on more than a decade's worth.

RXO Earns 2023 Top Software & Tech Award

DUBLIN, Ohio--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the opening of its newly expanded Dublin, Ohio, brokerage office. “We are excited to expand our operations in Dublin, Ohio,” said Lou Amo, president of truck brokerage for RXO. “This expansion will allow us to better serve our customers and provide them with the highest level of service. We are grateful for the support of JobsOhio and the Ohio Department of Development in making.

RXO Expands Ohio Office

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RXO Inc. (NYSE:RXO ) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Drew M. Wilkerson - CEO & Director James E.

RXO Inc. (RXO) Q3 2023 Earnings Call Transcript

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today it has earned the 2024 Military Friendly® Employer designation. Institutions earning the Military Friendly Employer designation were evaluated using public data sources and responses from a proprietary survey. More than twelve hundred companies participated in the 2024 Military Friendly survey. “We take our commitment to military members and veterans very seriously,” sa.

RXO Earns 2024 Military Friendly® Employer Designation

PLANO, Texas--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, celebrated the opening of the company's expanded freight brokerage office in Plano, Texas. “RXO is continuing to grow our footprint across the country, and we're excited that we've more than doubled the size of our brokerage office in Plano,” said Lou Amo, president of truck brokerage for RXO. “This expanded location reflects our commitment to understanding customers' transportation needs.

RXO Opens Expanded Brokerage Office in Plano, Texas

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced its financial results for the third quarter of 2023. Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to execute well in the third quarter. We achieved a record number of loads per day in our brokerage business and grew brokerage volume by double-digits for the second consecutive quarter. Brokerage gross margin remained strong. Our experienced team, our deep customer relationships, and continued adoption of ou.

RXO Announces Results for Third-Quarter 2023, Including 18 Percent Brokerage Volume Growth

NEW YORK--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, will celebrate its one-year anniversary as a standalone, publicly traded company by ringing the New York Stock Exchange's Opening Bell® this morning. The company will host customers, members of its board of directors and employees from all levels of the organization at the NYSE to celebrate the occasion. “It is amazing how much RXO has achieved in just one year,” said Drew Wilkerson, chief ex.

RXO to Celebrate Its One-Year Anniversary by Ringing the Opening Bell® of the New York Stock Exchange

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO, (NYSE: RXO), a leading provider of asset-light transportation solutions, won the 2023 Best in HR award from the Charlotte Business Journal (CBJ) in the publicly-held company category. The company was honored at an awards event on October 19 and featured in a CBJ special report. “We're proud that RXO's HR team has been recognized for their many contributions to our organization, the industry and the Charlotte community,” said Drew Wilkerson, chief executive.

RXO Wins Best in HR Award From Charlotte Business Journal

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer and Kevin Sterling, senior market strategist will participate in the Stephens Annual Investment Conference in Nashville, Tennessee, on Tuesday, November 14 at 3 p.m. EST. A live webcast and replay of the presentation will be available at http://investors.rxo.com. About RXO RXO (NYSE: RXO) is a leading provid.

RXO Announces Participation at Stephens Annual Investment Conference

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) announced today it has changed the date of its third-quarter earnings and investor conference call. RXO will now issue the results before the opening of the New York Stock Exchange on Tuesday, November 7, 2023. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada:.

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