Supply & Demand Chain Executive Names Three RXO Leaders as Recipients of 2025 Pros to Know Award
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leading provider of asset-light transportation solutions, announced today that Fernando Rabel, Jack Gerstner and Kait Parker were named 2025 Pros to Know by Supply & Demand Chain Executive. This award recognizes top supply chain professionals who serve as an example for other leaders looking to leverage supply chain for competitive advantage. This is the third consecutive year RXO leaders have been announced as winners, with recipients awa.
- 03/17/2025
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida Presentation: Monday, March 3, 2:15 p.m. EST Speakers: Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer Event: J.P. Morgan 2025 Industrials Conference in New York, New York Presentation: Wednesday, March 12, 2:25 p.m. EDT Speakers: Jared We.
- 02/28/2025
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RXO Releases the Q1 Curve Freight Market Forecast
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--Today, RXO (NYSE: RXO), a leader in asset-light transportation solutions, released its proprietary Q1 2025 Curve Truckload Market Forecast. The long-trusted quarterly forecast continues under RXO following the company's acquisition of Coyote Logistics and will now benefit from even more robust datasets thanks to the combined organizations. The Curve, originally published in 2018, is a proprietary index that measures the year-over-year rate of change in truckloa.
- 02/24/2025
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RXO: The Bear Case Is In Focus (Rating Downgrade)
- I downgrade RXO from buy to hold due to uncertainty in growth recovery and weak near-term outlook, expecting the stock to remain rangebound. RXO's 1Q25 guidance fell short of expectations, with adj EBITDA guidance of $20-$30 million, indicating continued volume weakness and margin pressure. Despite positive signs in contract rates and spot rates, the freight market recovery remains uncertain, posing risks to RXO's near-term performance.
- 02/09/2025
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RXO, Inc. (RXO) Q4 2024 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer Jamie Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Ken Hoexter - Bank of America Scott Schneeberger - Oppenheimer Joe Hafling - Jefferies Brandon Oglenski - Barclays Tom Wadewitz - UBS Chris Wetherbee - Wells Fargo Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Jason Seidl - TD Cowen Scott Group - Wolfe Research Daniel Imbro - Stephens Operator Welcome to the RXO Fourth Quarter 2024 Quarter Earnings Conference Call and Webcast. My name is Jenny and I will be your operator for today's call.
- 02/05/2025
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Here's What Key Metrics Tell Us About RXO (RXO) Q4 Earnings
- Although the revenue and EPS for RXO (RXO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/05/2025
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RXO (RXO) Q4 Earnings Match Estimates
- RXO (RXO) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.
- 02/05/2025
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RXO Reports Fourth-Quarter Results
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “The integration of Coyote Logistics remains ahead of schedule and we're again raising our estimate for annualized cost synergies. We now expect to achieve at least $50 million in synergies.” Wilkerson continued, “In the fourth quarter, RXO grew combined brokerage volume by 10% sequentially, the result of our focus on provi.
- 02/05/2025
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Chief Executive Officer Drew Wilkerson and Chief Strategy Officer Jared Weisfeld will participate in the following investor conferences: Event: Citi's 2025 Global Industrial Tech and Mobility Conference in Miami, Florida Presentation: Wednesday, February 19, 11:20 a.m. EST Event: Barclays 42nd Annual Industrial Select Conference in Miami, Florida Presentation: Thursday, February 20, 9:50 a.m. EST Live webcasts and replays of.
- 01/30/2025
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RXO (RXO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- RXO (RXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/29/2025
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RXO Named a 2024 EPA SmartWay Leader for Sustainability Excellence in the Freight and Logistics Industry
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leading provider of asset-light transportation solutions, has been named a 2024 SmartWay Leader by the U.S. Environmental Protection Agency (EPA). This recognition highlights RXO's ability to influence and drive industry-wide change for a more sustainable future. As part of the inaugural list of leaders, RXO was honored for its project, CSR Principles: Corporate Action to Customer Options. This initiative reflects RXO's commitment to advancing.
- 01/21/2025
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Is the Options Market Predicting a Spike in RXO Stock?
- Investors need to pay close attention to RXO stock based on the movements in the options market lately.
- 01/06/2025
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RXO Earns 2024 Top Software and Tech Award
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the 2024 Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics. The award highlights RXO's visual AI technology for gate check-in. Introduced in late 2023, the new AI-powered check-in system was implemented to streamline data collection as trucks arrive at warehouses and distribution centers. The technology automates the process of.
- 12/09/2024
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: UBS Global Industrials and Transportation Conference in Palm Beach, Florida Presentation: Tuesday, December 3, 3:30 p.m. EST Speakers: Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer Event: Goldman Sachs Industrials and Materials Conference in New York, New York Presentation: Wednesday, December 4, 2:40 p.m. EST Spe.
- 11/25/2024
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RXO, Inc. (RXO) Q3 2024 Earnings Conference Call Transcript
- RXO, Inc. (NYSE:RXO ) Q3 2024 Earnings Conference Call November 7, 2024 7:00 AM ET Company Participants Drew Wilkerson - CEO Jamie Harris - CFO Jared Weisfeld - Chief Strategy Officer Conference Call Participants Ariel Rosa - Citigroup. Scott Schneeberger - Oppenheimer David Zazula - Barclays Joe Hafling - Jefferies Ken Hoexter - Bank of America Bruce Chan - Stifel Scott Group - Wolfe David Hicks - Raymond James Operator Welcome to the RXO Q3 2024 Earnings Conference Call and Webcast.
- 11/10/2024
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RXO (RXO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for RXO (RXO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/07/2024
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RXO (RXO) Tops Q3 Earnings and Revenue Estimates
- RXO (RXO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.05 per share a year ago.
- 11/07/2024
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RXO Reports Third-Quarter Results with Coyote Integration Ahead of Schedule and Complementary Services Momentum
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “In the third quarter, our focus on execution enabled us to achieve a solid 13.7% gross margin in our Brokerage business, despite the prolonged soft freight market. Momentum continued within our complementary services. In Managed Transportation, we secured more than $300 million in new business and continue to have a strong.
- 11/07/2024
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Earnings Preview: RXO (RXO) Q3 Earnings Expected to Decline
- RXO (RXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/31/2024
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: Scotiabank 24th Annual Transportation & Industrials Conference in Toronto, Ontario Presentation: Thursday, November 14, 10 a.m. EST Speakers: Jared Weisfeld, chief strategy officer Event: Stephens Annual Investment Conference in Nashville, Tennessee Presentation: Tuesday, November 19, 5:00 p.m. EST Speakers: Drew Wilkerson, chief executive off.
- 10/28/2024
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RXO Announces Time Change for Third-Quarter Earnings and Investor Conference Call
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, November 7, 2024. The conference call will now be at 7 a.m. EST. The company's results will be made available on www.rxo.com. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID:.
- 10/14/2024
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RXO Emerges Stronger With The Freight Recession In The Rearview
- RXO Inc., the third-largest freight brokerage in North America, shows strong growth with increasing freight load volumes and revenue per load, making it a buy. The acquisition of UPS' freight brokerage business significantly expands RXO's market reach, customer base, and potential for economies of scale. Despite pricing pressures, RXO's improving volumes and margins, coupled with a recovering freight market, indicate strong future growth prospects.
- 10/12/2024
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RXO Presents the 2024 Carolina Panthers Oorah Hooah Classic 7-on-7 Football Tournament
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, presented the Oorah Hooah Classic 7-on-7 Football Tournament with the Carolina Panthers at Bank of America Stadium on Tuesday. The event featured 7-on-7 style football games between active-duty service members from the Army and Marines. More than 50 active-duty service members stationed at Fort Liberty and Camp Lejeune competed on four teams in three games of pool play, culminating in.
- 10/09/2024
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RXO Schedules Third-Quarter Earnings and Investor Conference Call for November 7, 2024
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Thursday, November 7, 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) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A r.
- 10/07/2024
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RXO Completes Acquisition of Coyote Logistics
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The company is now the third-largest provider of brokered transportation in North America. This acquisition enhances RXO's market position, diversifies and expands its customer base and broadens its carrier network. For customers, RXO now offers increased network densit.
- 09/16/2024
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RXO Announces Common Stock Offering Associated with Financing Acquisition of Coyote Logistics from UPS
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it intends to make an offering of $350,000,000 of shares of its common stock. RXO's common stock is listed on the New York Stock Exchange under the symbol “RXO.” RXO intends to grant the underwriters of the offering an option to purchase up to an additional $52,500,000 of shares of common stock at the public offering price less underwriting discounts and commissions. RX.
- 09/09/2024
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XPO and RXO stocks are severely overvalued: buy, sell, or hold?
- XPO and RXO stocks have done well this year as they continued beating the S&P 500 index. XPO has risen by over 30% while RXO has jumped by 22.35%.
- 08/31/2024
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences: Event: Jeffries Industrials Conference in New York Presentation: Wednesday, September 4, 3:05 – 3:35 p.m. EDT Speakers: Drew Wilkerson, chief executive officer; Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer Event: Morgan Stanley 12th Annual Laguna Conference in Dana Point, California Presentation: Wednesday, September 11,.
- 08/29/2024
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RXO Launches Prepay Fuel Option for Carriers
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a prepay capability through the RXO Fuel Card. The new prepay solution enables drivers to plan their fuel spend and more effectively maintain their budgets. Carriers can preload funds to the RXO Fuel Card using their personal credit or debit card. Additionally, the new pay-as-you-go option has a quick approval process, no setup fee and allows drivers to take advantage of RXO's.
- 08/28/2024
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10% Owner Funds Trucking Acquisition, Plus More Big Insider Buying
- 24/7 Wall St. Insights A beneficial owner made a huge buy of shares in a trucking company this past week.
- 08/18/2024
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RXO Announces $550 Million Private Financing
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced that it has entered into purchase agreements with MFN Partners, LP and certain accounts managed by Orbis Investments for a $550 million private financing. The company intends to use the proceeds from the transaction to finance a portion of the pending acquisition of Coyote Logistics, UPS' technology-driven, asset-light based truckload freight brokerage services business.
- 08/12/2024
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RXO CEO on Q2 earnings, Coyote acquisition, and the state of freight
- Drew Wilkerson, CEO of RXO, discusses his company's most recent earnings report, the outlook for the freight market, and his acquisition of Coyote Logistics.
- 08/08/2024
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RXO, Inc. (RXO) Q2 2024 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Drew Wilkerson – CEO James Harris – CFO Jared Weisfeld - CSO Conference Call Participants Scott Schneeberger – Oppenheimer Scott Group - Wolfe Research Stephanie Moore – Jefferies Tom Wadewitz – UBS Jason Seidl - TD Cowen Ken Hoexter - Bank of America David Zaslav - Barclays Ravi Shanker - Morgan Stanley David Hicks - Raymond James Daniel Imbro - Stephens Inc. Bruce Chan - Stifel Operator Welcome to the Q2 2024 RXO Earnings Conference Call. My name is Sharon and I will be your operator for today's call.
- 08/07/2024
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RXO (RXO) Q2 Earnings Match Estimates
- RXO (RXO) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.
- 08/07/2024
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RXO (RXO) Expected to Beat Earnings Estimates: Should You Buy?
- RXO (RXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/31/2024
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RXO (RXO) Soars 8.5%: Is Further Upside Left in the Stock?
- RXO (RXO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 07/16/2024
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RXO Partners with Shiplify to Improve Invoice Transparency for LTL Customers
- Shiplify integrates with RXO Connect™ to provide proactive location data to LTL shippers Shiplify integrates with RXO Connect™ to provide proactive location data to LTL shippers
- 07/09/2024
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RXO Shares Surge Following New Acquisition Deal
- Shares of RXO Inc. NYSE: RXO are up more than 20% on the week, something investors probably didn't see coming out of the ‘boring' transportation sector. This sector is notorious for having a low beta, English for low volatility.
- 07/02/2024
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Strength Seen in RXO (RXO): Can Its 23.0% Jump Turn into More Strength?
- RXO (RXO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 06/25/2024
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Why RXO Stock Is in the Fast Lane Today
- RXO has a deal in place to buy Coyote Logistics from UPS for $1.025 billion, a discount to the $1.8 billion UPS paid for the asset back in 2015. The deal would create the nation's third-largest freight brokerage, with opportunities for further consolidation from here.
- 06/24/2024
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Cramer: UPS stock is ‘hard to own' after selling Coyote Logistics to RXO
- Famed investor Jim Cramer is not all that excited about United Parcel Service Inc (NYSE: UPS) opting to sell its Coyote Logistics business to RXO Inc (NYSE: RXO). Shares of both companies are still up significantly on Monday.
- 06/24/2024
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RXO Surges After Buying Coyote Logistics Unit From UPS for More Than $1 Billion
- RXO (RXO) shares soared in intraday trading Monday, a day after the package delivery firm purchased Coyote Logistics, the third-party asset-light freight brokerage unit of United Parcel Service (UPS), for $1.025 billion in cash.
- 06/24/2024
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RXO Buys UPS Unit Coyote Logistics for $1 Billion
- RXO Inc. has agreed to buy United Parcel Service Inc.'s asset-light freight brokerage business, Coyote Logistics, for more than $1 billion. Alexandra Semenova reports.
- 06/24/2024
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UPS Sells Coyote Logistics To RXO for $1 Billion
- The transportation giant announced Sunday it had offloaded the third-party logistics provider.
- 06/24/2024
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UPS announces sale of Coyote Logistics unit to RXO for $1 billion
- United Parcel Service , the world' biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion.
- 06/23/2024
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RXO To Acquire Coyote Logistics From UPS
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This acquisition will enhance RXO's market position, diversify and expand its customer base, and broaden its carrier network. At closing, RXO will be the third-largest provider of brokered transportation in North America. “RXO's highly accretive acquisition of Coyote will immediately increase the scale of o.
- 06/23/2024
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UPS Announces Sale of Coyote Logistics to RXO, Inc.
- ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) announced today it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion. “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision to sell our Coyote Logistics business allows an even greater focus on our core business,” said UPS Chief Executive Officer Carol B. Tomé. Based in Chicago, Coyote Logistics is a leading global third-party logisti.
- 06/23/2024
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RXO CEO Drew Wilkerson Named to Charlotte Business Journal's Most Admired CEO list
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--Drew Wilkerson, chief executive officer of RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, has been named to the Charlotte Business Journal's prestigious Most Admired CEO list for 2024. This recognition highlights Wilkerson's exceptional leadership, strategic vision and commitment to innovation, which has been instrumental in driving RXO's success, even in one of the most challenging freight markets to date. The Most Admired CEO Awa.
- 06/17/2024
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RXO Names Troy Cooper to Board of Directors
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the appointment of Troy Cooper to its Board of Directors. Brad Jacobs, non-executive chairman of RXO said, "Troy's deep understanding of the truck brokerage industry, coupled with his impressive operational and financial expertise, will be tremendous assets to both the RXO board and the company." Cooper is a transportation industry veteran with more than 11 years of experienc.
- 06/14/2024
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RXO Wins Top Digital Freight Brokerage Software of the Year Award
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerage Software of the Year award from SupplyTech Breakthrough, a leading independent market intelligence organization. The recognition underscores RXO's commitment to innovation and excellence in the industry through cutting-edge technology and providing customers with unique solutions. “It is an honor to be recognized as industry leaders in technology,.
- 06/13/2024
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Top 4 Stocks With Notable Insider Buying
- Insider buying, where company executives or board members purchase shares of their own company, can be a significant indicator for investors. It often suggests that those closest to the company's operations have confidence in its future performance.
- 06/07/2024
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RXO Wins Merit Award in HR
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was honored by the Merit Awards today for HR Technology Implementation for the rollout of a new vendor management system. The award highlights the company's commitment to excellence, process automation and risk mitigation. “We are incredibly proud of the hard work the HR and technology teams have put into building and implementing a technology platform to create meaningful efficiencies.
- 06/05/2024
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RXO Announces Participation in Wells Fargo Industrials Conference
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Jared Weisfeld, chief strategy officer, will participate in the Wells Fargo Industrials Conference in Chicago, Illinois, on Tuesday, June 11, from 9:45 a.m. until 10:20 a.m. EDT. 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 asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with com.
- 05/31/2024
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RXO, Inc.: Upgrade To Buy On Positive Volume And Pricing Outlook
- Upgraded recommendation from hold to buy on RXO stock due to visibility of recovery and potential growth acceleration. Positive outlook based on sequential improvement in volume and pricing across all segments. Strong management execution and well-positioned to capitalize on the ongoing recovery, driving strong earnings growth.
- 05/21/2024
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Charles Schwab Investment Management Inc. Has $42.42 Million Holdings in RXO, Inc. (NYSE:RXO)
- Charles Schwab Investment Management Inc. grew its position in shares of RXO, Inc. (NYSE:RXO – Free Report) by 8.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,823,519 shares of the company’s stock after buying an additional 141,056 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.56% of RXO worth $42,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors have also made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in RXO in the fourth quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC boosted its stake in shares of RXO by 6,329.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,993 shares of the company’s stock worth $39,000 after acquiring an additional 1,962 shares in the last quarter. Ramirez Asset Management Inc. bought a new position in shares of RXO in the 3rd quarter valued at approximately $45,000. International Assets Investment Management LLC raised its stake in shares of RXO by 2,008.5% in the 4th quarter. International Assets Investment Management LLC now owns 5,187 shares of the company’s stock valued at $121,000 after acquiring an additional 4,941 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in RXO by 65.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,863 shares of the company’s stock worth $135,000 after purchasing an additional 2,718 shares during the last quarter. Institutional investors own 92.73% of the company’s stock. RXO Stock Down 2.6 % RXO opened at $20.58 on Monday. The company has a market capitalization of $2.42 billion, a P/E ratio of -228.67, a P/E/G ratio of 7.97 and a beta of 1.24. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s fifty day moving average price is $20.56 and its two-hundred day moving average price is $21.10. RXO, Inc. has a fifty-two week low of $16.94 and a fifty-two week high of $24.33. RXO (NYSE:RXO – Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. RXO had a negative net margin of 0.29% and a positive return on equity of 3.23%. The business had revenue of $913.00 million for the quarter, compared to analyst estimates of $929.50 million. During the same period in the previous year, the business earned $0.11 EPS. The firm’s revenue was down 9.6% on a year-over-year basis. On average, analysts anticipate that RXO, Inc. will post 0.2 EPS for the current year. Insider Buying and Selling at RXO In related news, major shareholder Mfn Partners, Lp bought 870,000 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was acquired at an average cost of $19.52 per share, with a total value of $16,982,400.00. Following the acquisition, the insider now owns 16,675,369 shares in the company, valued at approximately $325,503,202.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders have purchased 1,128,060 shares of company stock valued at $22,099,090. 1.80% of the stock is currently owned by corporate insiders. Analyst Upgrades and Downgrades RXO has been the topic of a number of recent analyst reports. Susquehanna lifted their price target on shares of RXO from $15.00 to $16.00 and gave the company a “negative” rating in a research report on Monday, March 25th. Bank of America lowered RXO from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $25.00 to $22.00 in a research note on Thursday, February 8th. TD Cowen raised their target price on RXO from $19.00 to $20.00 and gave the company a “hold” rating in a report on Friday, May 3rd. Raymond James initiated coverage on RXO in a report on Wednesday, May 15th. They set a “market perform” rating for the company. Finally, Stephens reissued an “equal weight” rating and issued a $22.00 price objective on shares of RXO in a research report on Monday, May 6th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, RXO currently has an average rating of “Hold” and a consensus target price of $20.55. View Our Latest Stock Report on RXO RXO Company Profile (Free Report) RXO, Inc provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina.
- 05/20/2024
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Notable Insider Buying at Disney and More This Week
- The first full week of May did not bring more notable insider purchases from Warren Buffett.
- 05/12/2024
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RXO, Inc. (RXO) Q1 2024 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Drew Wilkerson - CEO James Harris - CFO Jared Weisfeld - CSO Conference Call Participants Stephanie Moore - Jefferies Tom Wadewitz - UBS Scott Schneeberger - Oppenheimer Brandon Oglenski - Barclays Ken Hoexter - Bank of America Jason Seidl - TD Cowen Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Inc. Kevin Gainey - Thompson Davis Operator Welcome to the 1Q 2024 RXO Earnings Conference Call. My name is Julie and I will be your operator for today's call.
- 05/03/2024
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RXO (RXO) Reports Q1 Loss, Misses Revenue Estimates
- RXO (RXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.11 per share a year ago.
- 05/02/2024
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RXO Announces First-Quarter Results, Including Double-Digit Brokerage Volume Growth for Fourth-Consecutive Quarter
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced its financial results for the first quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to deliver exceptional brokerage volume growth and strong margin performance in the first quarter of 2024, despite persistent softness in the freight market. Our brokerage business achieved double-digit volume growth for the fourth-consecutive quarter, with gross margin of 14.2%. Our complementary services con.
- 05/02/2024
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RXO Announces Participation at Oppenheimer 19th Annual Industrial Growth Conference
- CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that Jamie Harris, chief financial officer, and Kevin Sterling, senior market strategist, will participate in the virtual Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, from 9 a.m. until 9:35 a.m. EDT. 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 asset-light transportation solutions. RXO offers tech-enabled t.
- 05/01/2024
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These Biotechs and IPOs Inspire Big Insider Buying
- As tech giants and other sector leaders report their most recent quarterly results, one might expect notable insider purchases to be scarce.
- 04/28/2024
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What Is the Best $20 Stock to Buy in April? 3 Top Picks.
- Knowing your choices can help you make the right decisions when buying the best $20 stocks for April. According to Finviz.com, there are only three stocks in the Nasdaq 100 under $20 and 22 stocks in the S&P 500.
- 04/26/2024
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Analysts Estimate RXO (RXO) to Report a Decline in Earnings: What to Look Out for
- RXO (RXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2024
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RXO Expands Responsible Care® Certification
- 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.
- 04/08/2024
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RXO Schedules First-Quarter Earnings and Investor Conference Call for May 2, 2024
- 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.
- 04/02/2024
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Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award
- 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.
- 03/08/2024
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Raymond James 45th Annual Institutional Investor Conference in Orlando, Florida Presentation: Monday, March 4, 2:15 – 2:45 p.m. EST Event: J.P. Morgan Industrials Conference in New York, New York Presentation: Tuesday, March 12, 8:30 – 9:05 a.m. EDT A live webcast and replay of the presentation will be available at http://i.
- 02/29/2024
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Insider Buying: Taking a Controlling Stake in a Struggling Retailer?
- The biggest insider trading news of the week may have been Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos shedding over $4 billion worth of the company's shares as he reportedly prepares to move to Florida to take advantage of the better income tax environment.
- 02/18/2024
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Another Huge Buffett Purchase Highlights Recent Insider Buying
- The most notable of insider purchases in the past week or so is again legendary investor Warren Buffett boosting the Berkshire Hathaway stake in his favorite petroleum company.
- 02/12/2024
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Insider Favorites: 7 Stocks with Bullish Buying Signals
- While investors shouldn't get too focused on any one signal, a great source of confidence stems from insider favorite stocks. As the old adage goes, it's difficult to tell what insider selling means.
- 02/11/2024
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RXO, Inc. (RXO) Q4 2023 Earnings Call Transcript
- RXO, Inc. (RXO) Q4 2023 Earnings Call Transcript
- 02/08/2024
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RXO (RXO) Beats Q4 Earnings Estimates
- 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.
- 02/08/2024
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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 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.
- 02/08/2024
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RXO Announces Participation at Barclays 41st Annual Industrials Select Conference
- 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.
- 02/01/2024
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Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
- 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.
- 01/26/2024
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DHLGY vs. RXO: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Transportation - Services sector might want to consider either DHL Group Sponsored ADR (DHLGY) or RXO (RXO). But which of these two stocks offers value investors a better bang for their buck right now?
- 01/19/2024
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RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses
- 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.
- 01/16/2024
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We're still in a soft freight environment, says RXO CEO Drew Wilkerson
- Drew Wilkerson, RXO CEO, discusses the state of freight in the midst of the holiday spending season.
- 12/13/2023
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ASR vs. RXO: Which Stock Should Value Investors Buy Now?
- Investors interested in Transportation - Services stocks are likely familiar with Grupo Aeroportuario del Sureste (ASR) and RXO (RXO). But which of these two stocks presents investors with the better value opportunity right now?
- 11/15/2023
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RXO Inc. (RXO) Q3 2023 Earnings Call Transcript
- 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.
- 11/11/2023
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RXO CEO: We are confident in our ability to perform in any market cycle
- RXO CEO Drew Wilkerson joins 'Squawk on the Street' to discuss where the economy is in the freight cycle, how much room there is to grow market share, and more.
- 11/01/2023
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Analysts Estimate RXO (RXO) to Report a Decline in Earnings: What to Look Out for
- RXO (RXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/31/2023
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RXO: Steering Through The Freight Frenzy
- RXO, a truckload brokerage company, is facing challenges in the freight market due to economic factors. In Q2 2023, RXO experienced a significant drop in revenues, earnings, and margins. Despite the challenges, RXO's core operations remain healthy, it is gaining market share, and can withstand the market weakness.
- 09/13/2023
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RXO, Inc. (RXO) Q2 2023 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer James Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies Brandon Oglenski - Barclays Ken Hoexter - Bank of America Merrill Lynch Scott Schneeberger - Oppenheimer Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Allison Poliniak - Wells Fargo Thomas Wadewitz - UBS Jack Atkins - Stephens Jordan Alliger - Goldman Sachs Operator Welcome to RXO Q2 2023 Earnings Conference Call and Webcast. My name is Sylvie and I will be your operator for today's call.
- 08/06/2023
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Consumer health has been resilient, opportunity for a 'peak season', says RXO CEO Drew Wilkerson
- Drew Wilkerson, RXO CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the stock's reaction and more.
- 08/02/2023
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RXO continues to perform as cycle inflection lingers
- Management from freight broker RXO said truck capacity is exiting the market but that it isn't willing to speculate on when the next move in the cycle may occur. The industry has seen carriers head for the exits, especially those heavily dependent on what remain depressed spot rates.
- 06/15/2023
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RXO: Innovative Technologies Supporting Transportation, And Cheap
- RXO Inc., the fourth largest broker of full truckload freight transportation in the US, has a positive outlook for 2023 due to strong customer relationships and technological advantages. The company's diversified revenue, proprietary technology, potential for future share repurchases, and M&A contribute to my higher valuation than the current stock price. Despite risks from competition, fuel price increases, and revenue concentration, I consider RXO undervalued with the potential for growth in the coming years.
- 06/13/2023
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RXO exec at UBS conference says 3PL's market share still rising
- NEW YORK — RXO's chief strategy officer conceded to a conference here that he didn't have much fresh to say in terms of the company's market or overall outlook, but given the relative strength of the 3PL's first-quarter performance, no news remains relatively bullish news. At the UBS Global Industrial and Transportation Conference, a two-day “dog and pony” for money managers eyeing investments in the sector, RXO Director of Strategy Jared Weisfeld said RXO (NYSE: RXO) is sticking to its earlier prediction that it would grow its brokerage volumes in the second quarter on a year-on-year basis.
- 06/06/2023
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AI will allow employees to do more per day: RXO CEO
- RXO CEO Drew Wilkerson joins Yahoo Finance Live's Seana Smith from the Goldman Sachs Industrials & Materials Conference in N.Y., to discuss the state of the economy, what a potential recession would mean for the freight industry, AI, and the U.S. debt ceiling.
- 05/10/2023
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RXO comes in relatively strong in quarter full of weak freight earnings
- On the earnings call Wednesday for publicly traded 3PL RXO, Ravi Shanker of Morgan Stanley asked the question that lingered after the upbeat statements by company management: How can this company's leaders be so optimistic? Shanker is one of the network of transportation analysts who have sat through one dreary Q1 earnings call after another, with executives across the spectrum all talking about the “soft” market — a four-letter word that has come up on virtually every call — and forecasts that were optimistic based on the notion that things couldn't keep getting worse in freight markets from the perspective of brokers and carriers.
- 05/03/2023
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Trucker RXO Posts Earnings Beat. It's a Sign Economy Could Be Close to Bottom.
- RXO reported adjusted first quarter earnings per share of 11 cents from sales of $1.1 billion, Wednesday. Wall Street was looking for 7 cents from about $1.1 billion in sales, respectively.
- 05/03/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer, and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Oppenheimer 18th Annual Industrial Growth Conference - Virtual Presentation: Tuesday, May 9, 3:00 - 3:35 p.m. EDT Event: Goldman Sachs Industrials and Materials Conference in New York, N.Y. Presentation: Wednesday, May 10, 11:35 a.m. - 12:10.
- 04/24/2023
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Borderlands: RXO invests $30M, expands logistics operation in South Texas
- Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at Port Houston; and RK Logistics Group opens a Texas distribution center.
- 04/02/2023
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RXO Inc.: Wait For Signals Of Recovery In H2 2023
- RXO should continue to gain market share from smaller players due to its tech investments and access to capacity. Management continues to be optimistic about reaching its $500 million adjusted EBITDA target by 2027.
- 03/27/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Raymond James 44th Annual Institutional Investors Conference in Orlando, Fla. Presentation: Monday, March 6, 8:05-8:35 a.m. EST Event: J.P. Morgan 2023 Industrials Conference in New York, N.Y. Presentation: Wednesday, March 15, 8:00-8:40 a.m.
- 03/01/2023
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This Logistics Stock Is Grabbing Tons of Market Share. Time to Buy?
- XPO is growing volume during a tough time. Will its bet on capacity pay off?
- 02/13/2023
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RXO CEO talks earnings, tech-enabled logistics, and using AI for freight carriers
- This segment originally aired on February 8, 2023. RXO CEO Drew Wilkerson joins Yahoo Finance Live anchors Brad Smith, Julie Hyman, and Brian Sozzi to discuss company earnings, going public following the XPO spinoff, a slowdown in the macro economy, industry tailwinds, and the outlook for 2023.
- 02/11/2023
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RXO, Inc. (RXO) Q4 2022 Earnings Call Transcript
- RXO, Inc. (NYSE:RXO ) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer Jamie Harris - Chief Financial Officer Jared Weisfeld - Chief Strategy Officer Conference Call Participants Stephanie Moore - Jefferies LLC Ken Hoexter - Bank of America Merrill Lynch Scott Group - Wolfe Research Scott Schneeberger - Oppenheimer & Co. Thomas Wadewitz - UBS Allison Poliniak - Wells Fargo Securities LLC Brian Ossenbeck - JPMorgan Chase & Co Jack Atkins - Stephens Inc. Jordan Alliger - Goldman Sachs Group, Inc. Bascome Majors - Susquehanna Financial Group Operator Welcome to the RXO Q4 2022 Earnings Conference Call and Webcast. My name is Michelle, and I will be the operator for today's call.
- 02/10/2023
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RXO chief sees signs of restocking activity in 2nd half
- CEO Drew Wilkerson of transport company RXO Inc. said Wednesday that customers have told him restocking activity should resume in the second half of the year after several quarters of destocking bloated inventories. Wilkerson said the conversation with customers has shifted from where it was six to nine months ago, where much of the discussion centered on destocking.
- 02/08/2023
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RXO posts EPS gains, decline in revenue for Q4
- In its first quarterly report since being spun off in November from XPO Inc., transportation company RXO Inc. on Tuesday reported adjusted diluted earnings per share of 28 cents in the fourth quarter on revenue of $1.1 billion. Revenue for the same period of 2021, when RXO's businesses were still part of XPO (NYSE: XPO), was $1.3 billion.
- 02/07/2023
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RXO expands carrier loyalty rewards program
- Transportation company RXO Inc. said it has expanded its carrier loyalty program to include discounts on hotels, subscriptions to ad-free music station Sirius XM, as well as access to load boards. The program, called RXO Extra, was announced Wednesday and builds on an initiative launched in September 2019 when the company's portfolio was part of XPO Inc. (NYSE: XPO).
- 02/02/2023
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RXO Announces Participation at Upcoming Investor Conferences
- CHARLOTTE, N.C.--( BUSINESS WIRE )--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer, Jamie Harris, chief financial officer and Jared Weisfeld, chief strategy officer, will participate in the following investor conferences:
- 02/02/2023
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RXO Inc: Near-Term Headwinds Could Provide Better Entry Point
- An expected ongoing decline at the macroeconomic level will continue to weigh on the trucking industry in 2023. With the sector currently undergoing cyclical freight pressures, the short-term outlook for RXO remains subdued.
- 01/20/2023
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RXO Schedules Fourth Quarter Investor Conference Call for Wednesday, February 8, 2023
- CHARLOTTE, N.C.--( BUSINESS WIRE )--RXO (NYSE: RXO) will hold its fourth quarter conference call and webcast on Wednesday, February 8, at 8 a.m. Eastern Time. The company's results will be released after market close on February 7 and made available on www.rxo.com.
- 01/13/2023
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These Are the 10 Biggest Companies With Under 10% Institutional Ownership
- Institutional investors are companies or organizations that invest on the behalf of others.
- 12/19/2022
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RXO's Q3 full-quarter earnings reported to SEC; Jefferies gives ‘buy' rating
- RXO became a publicly traded company Nov. 1 after its spinoff from XPO Logistics, and Wall Street will be getting ready for its first earnings report and possible conference call as a stand-alone company, even as more data about the company emerges. Jefferies & Co. this week released a report that initiated coverage of RXO at a “buy” rating, with a price target of $25 a share.
- 12/07/2022
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RXO makes dedicated freight accessible, desireable for shippers and carriers
- video-js.video-js.vjs-fluid:not(.vjs-audio-only-mode) {padding-top: 56.25%;} Shippers and carriers interact with the market differently, but one thing has become clear over the past few years: Contracts and dedicated lanes allow both parties to gain stability in an unpredictable landscape. Accessing those contracts and making them work, however, can be difficult.
- 12/07/2022
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Truckload broker RXO ready to take on market alone
- At the beginning of the month the nation's fourth-largest truckload broker stepped out on its own. RXO, a tech-enabled brokerage and logistics platform with more than $5 billion in annual revenue, separated from the remaining pieces of a once multimodal transportation and logistics behemoth.
- 11/17/2022
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Here's Why This New Spinoff Stock Looks Like It Could Be a Market-Beater
- Truck brokerage RXO looks like a winner.
- 11/08/2022
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RXO Inc. - A (Bullish) Early Look
- Earlier this month, XPO Logistics spun off its brokerage segment RXO Inc. RXO is one of the largest truck brokerage firms in North America, benefiting from very strong secular growth, and its own ability to outperform its industry.
- 11/06/2022
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Done deal: XPO completes spinoff of brokerage unit RXO
- XPO Logistics announced Tuesday that it has completed the spinoff of brokerage operation RXO Inc. The separation creates two independent, publicly traded companies.
- 11/01/2022
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We're taking market share and doing so profitably, says RXO CEO
- Drew Wilkerson, RXO CEO, joins 'TechCheck' to discuss what investors get when they buy a share of RXO, where the company sees growth going forward and what technology does for the truck brokerage industry.
- 11/01/2022
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