Latest news with #rxo.com
Yahoo
28-05-2025
- Business
- Yahoo
RXO to Present at the Wells Fargo 2025 Industrials and Materials Conference
CHARLOTTE, N.C., May 28, 2025--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, and Jared Weisfeld, chief strategy officer, will present at the Wells Fargo 2025 Industrials and Materials Conference in Chicago, Ill., on June 11, 2025, from 4-4:35 p.m. EDT. The live webcast and a replay of the presentation will be available at About RXO RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube. View source version on Contacts Media Contact Nina Investor Contact Kevin
Yahoo
22-05-2025
- Business
- Yahoo
RXO Releases the Latest Curve Freight Market Forecast
In the first quarter, while truckload spot rates continued to rise year-over-year, the growth rate eased from the fourth quarter of 2024 Spot rates, in both year-over-year and absolute terms, will likely continue to be inflationary CHARLOTTE, N.C., May 22, 2025--(BUSINESS WIRE)--Today, RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, released the latest update to its proprietary Curve truckload market forecast. The Q2 Curve update, which recaps first-quarter performance, covers macroeconomic indicators and trends driving the truckload market, and provides a second-quarter freight market forecast, indicates a sustained year-over-year increase in truckload rates in the first quarter. However, the rate of this growth decelerated when compared to the fourth quarter. Highlights from the report include: Spot rates increased 9.1% year-over-year in the first quarter of 2025, slightly less than the 11.6% reading in the fourth quarter of 2024. After initial volatility in January from post-holiday shipping and weather events, truckload capacity and spot rates receded to their pre-peak season baseline. Looking ahead, typical summer shipping trends should drive some incremental spot market volatility in the second quarter. "The market calmed throughout the first quarter, which we expected given typical seasonality," said Corey Klujsza, vice president of pricing and procurement at RXO. "The real question is, will we see sustained momentum when it comes to rate increases as we get deeper into the busier summer shipping season? Regardless, carriers are under tremendous cost pressure from prolonged low rates, and though freight demand may not spike, there is still potential for a tighter capacity environment later in the year." Jared Weisfeld, chief strategy officer at RXO, said, "Shippers have had to contend with a tremendous amount of uncertainty throughout the first quarter and into the second. They're employing many different strategies in response. They're also deciding whether to increase inventory and whether there will be enough demand to warrant that inventory build-up. While we're operating in a very fluid and uncertain environment, de-escalating trade tensions provide shippers with an opportunity to strategically increase inventory and plan for the second half of the year." To read the full second-quarter Curve report, visit The Curve exemplifies RXO's commitment to providing market-based, data-driven insights that help shippers and carriers navigate the dynamic truckload market. About RXO RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit for more information and connect with RXO on LinkedIn, Facebook, Instagram, X and YouTube. View source version on Contacts Media Contact Nina Investor Contact Kevin Sign in to access your portfolio
Business Wire
22-05-2025
- Business
- Business Wire
RXO Releases the Latest Curve Freight Market Forecast
CHARLOTTE, N.C.--(BUSINESS WIRE)--Today, RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, released the latest update to its proprietary Curve truckload market forecast. The Q2 Curve update, which recaps first-quarter performance, covers macroeconomic indicators and trends driving the truckload market, and provides a second-quarter freight market forecast, indicates a sustained year-over-year increase in truckload rates in the first quarter. However, the rate of this growth decelerated when compared to the fourth quarter. Highlights from the report include: Spot rates increased 9.1% year-over-year in the first quarter of 2025, slightly less than the 11.6% reading in the fourth quarter of 2024. After initial volatility in January from post-holiday shipping and weather events, truckload capacity and spot rates receded to their pre-peak season baseline. Looking ahead, typical summer shipping trends should drive some incremental spot market volatility in the second quarter. 'The market calmed throughout the first quarter, which we expected given typical seasonality,' said Corey Klujsza, vice president of pricing and procurement at RXO. 'The real question is, will we see sustained momentum when it comes to rate increases as we get deeper into the busier summer shipping season? Regardless, carriers are under tremendous cost pressure from prolonged low rates, and though freight demand may not spike, there is still potential for a tighter capacity environment later in the year.' Jared Weisfeld, chief strategy officer at RXO, said, 'Shippers have had to contend with a tremendous amount of uncertainty throughout the first quarter and into the second. They're employing many different strategies in response. They're also deciding whether to increase inventory and whether there will be enough demand to warrant that inventory build-up. While we're operating in a very fluid and uncertain environment, de-escalating trade tensions provide shippers with an opportunity to strategically increase inventory and plan for the second half of the year.' To read the full second-quarter Curve report, visit The Curve exemplifies RXO's commitment to providing market-based, data-driven insights that help shippers and carriers navigate the dynamic truckload market. About RXO RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit for more information and connect with RXO on LinkedIn, Facebook, Instagram, X and YouTube.
Yahoo
30-04-2025
- Business
- Yahoo
RXO Announces Participation at Oppenheimer 20th Annual Industrial Growth Conference
CHARLOTTE, N.C., April 30, 2025--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, and Jared Weisfeld, chief strategy officer, will participate in the Oppenheimer 20th Annual Industrial Growth Conference, which will be held virtually on May 8, 2025, at 10:30 a.m. EDT. The live webcast and a replay of the presentation will be available at About RXORXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube. View source version on Contacts Media Contact Nina Investor Contact Kevin Sign in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
RXO Schedules First-Quarter Earnings and Investor Conference Call for May 7, 2025
CHARLOTTE, N.C., April 07, 2025--(BUSINESS WIRE)--RXO (NYSE: RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Wednesday, May 7, 2025. The company's results will be made available on The company will also hold a conference call at 8 a.m. EDT. Conference Call Access InformationLive webcast online at: Call toll-free from U.S./Canada: (+1) 800-549-8228International callers: (+1) 289-819-1520Conference ID: 81237 A replay of the conference call will be available through May 14, 2025, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 81237#. Additionally, the call will be archived on About RXORXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube. View source version on Contacts Investors Kevin Media Nina Sign in to access your portfolio
