RXO Inc. RXO

RXO, Inc. is a spin-off company from XPO logistics, and is a leading provider of asset-light transportation and aims to create a more efficient way for shippers and carriers to move freights. RXO was founded in 2022 and is headquartered in Charlotte, N.C. The company is set to be the fourth-largest broker in the United States.

XPO Logistics is a leading provider of freight transportation services, focusing primarily on truck brokerage, which prompted the formation of RXO and less-than-truckload brokerage LTL. Using cutting-edge technology, RXO utilises machine learning, vast truckload capacity, and complementary brokered service for transportation to access the global network of trucks across the US, Canada, and Mexico to efficiently transport goods through supply chains to hundreds of locations across North America.

RXO’s utilisation of 100,000 independent carriers and 1.5 million trucks to efficiently transport goods across the continent, is what makes RXO have one of the world’s largest independent carrier networks. Furthermore, RXO’s app (RXO Connect), which has hundreds of thousands of downloads, provides real time data and analytics on shippers and carriers to further improve efficiency. RXO, Inc. is trading on the New York Stock Exchange under the ticker RXO.

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