RXO, Inc.
Charlotte, NC, United States
Company overview
RXO, Inc. engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe. It offers truckload freight brokering services. The company also provides asset-light managed transportation and last mile services, as well as freight forwarding services, including facilitation of ocean and air transportation, customs brokerage, and additional domestic services including middle mile. RXO, Inc. was incorporated in 2022 and is headquartered in Charlotte, North Carolina.
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Stock Yards Bancorp Stands Out Near 52-Week Highs While RXO and ManpowerGroup Face Headwinds
Stock Yards Bancorp posts strong fundamentals near 52-week highs, while RXO and ManpowerGroup show momentum with weakening underlying metrics.
Market News
Freight Broker RXO Reports Four-Year High in Truckload Spot Rates Amid Driver Shortage
RXO reports truckload spot rates hit four-year highs in Q1, rising 16.5% year-over-year as regulatory pressures on drivers create capacity constraints despite modest freight demand.