RXO (RXO) Stock News

RXO (NYSE: RXO) announced participation in two upcoming investor conferences. At the 2026 Jefferies Global Industrials Conference, Chairman and CEO Drew Wilkerson and Chief Strategy Officer Jared Weisfeld will present on September 9, 2026, at 10:50 a.m. EDT in New York City. At the Morgan Stanley 14th Annual Laguna Conference, Jared Weisfeld and Sr. Market Strategist Kevin Sterling will present on September 16, 2026, at 7:05 p.m. EDT in Laguna Beach, California. Live webcasts and replays will be available at http://investors.rxo.com.

RXO (NYSE: RXO) released its latest Curve truckload market forecast, showing the company’s proprietary spot rate index at its highest level in more than four years. In the second quarter of 2026, truckload spot rates measured by the Curve rose 32.4% year-over-year, up from 16.5% in the first quarter, marking the ninth consecutive inflationary reading and the largest sequential increase since the second quarter of 2021.

Through August 21, the Curve is on pace to end the third quarter even higher. According to RXO, rising rates are driven by carrier capacity attrition linked to federal regulation enforcement, while carrier operating costs are nearly 30% higher, excluding fuel, than at the previous market peak.

RXO (NYSE: RXO) announced that two leaders, Heather Snavely and Ashley Mullice-Love, were named recipients of the 2026 Women in Supply Chain Forum™ Award from Supply & Demand Chain Executive and Food Logistics. The awards honor female supply chain professionals for accomplishments, mentorship and leadership.

Snavely, vice president of human resources operations, was recognized in the Workforce Innovator category for leading RXO’s transition to a unified Workday HR platform and building its contingent workforce program. Mullice-Love, senior manager of sales and operations for freight brokerage, received a Rising Stars award, having driven more than 200% revenue growth for one key customer in a single year while developing team members into leadership roles.

RXO (NYSE: RXO) reported second-quarter 2026 revenue of $1.77 billion, up from $1.42 billion in 2025, with gross margin of 13.9% versus 17.8%. The company recorded a GAAP net loss of $9 million, unchanged year over year, including $13 million of transaction, integration, restructuring and other costs.

Adjusted net income was $10 million (vs. $7 million) and adjusted EBITDA was $40 million (vs. $38 million), for a 2.3% margin. Brokerage volume rose 2% year over year, with truckload spot mix at 42%, up from 33% in Q1 2026 and up 1,500 basis points year over year, driving the strongest sequential gross profit per load growth in four years. Complementary Services posted a 21.1% gross margin; Last Mile stops grew 3% and Managed Transportation secured about $100 million of freight under management.

For third-quarter 2026, RXO expects adjusted EBITDA of $35–$45 million and low-to-mid-single-digit Brokerage volume growth year over year, with sequential growth in truckload gross profit per load.

RXO (NYSE: RXO) announced that Chief Strategy Officer Jared Weisfeld will present at the Deutsche Bank Chicago Industrials Summit in Chicago on Tuesday, August 11, 2026, at 5 p.m. EDT. A live webcast and replay of the presentation will be available at http://investors.rxo.com.

RXO (NYSE: RXO) announced a strategic partnership with Highway, a technology provider specializing in Carrier Identity solutions, to bolster freight security and streamline carrier onboarding. The collaboration integrates Highway’s vetting platform and Load Lock+ ELD Tracking into RXO’s multi-layered fraud prevention program.

According to RXO, the integration aims to verify carrier information more quickly and accurately, reduce fraud risk, and simplify onboarding for carrier partners. Load Lock+ ELD Tracking is designed to improve in-transit visibility and load security through real-time data. Highway will support RXO’s identity-driven ecosystem, which targets threats such as chameleon carriers and double brokering. RXO’s efforts in cargo security were recently recognized with CargoNet’s “Best in Cargo Security” Award and the FreightWaves Fraud Fighters award.

RXO (NYSE: RXO) plans to release its second-quarter 2026 financial results before the New York Stock Exchange opens on Thursday, August 6, 2026. The results will be available on www.rxo.com, followed by an investor conference call and live webcast at 8 a.m. EDT.

Investors can join via webcast at http://investors.rxo.com, or by phone using the provided U.S./Canada toll-free and international numbers with Meeting ID 501829031. A replay of the webcast will be accessible on the investor site for one year.

RXO (NYSE: RXO) announced that Chairman and CEO Drew Wilkerson has been named a 2026 Rainmaker by DC Velocity, recognizing leadership, innovation and industry impact.

Under his leadership, RXO has become a more than $4.5 billion business, the third-largest freight brokerage in North America, and completed the 2024 acquisition of Coyote Logistics from UPS.

RXO (NYSE: RXO) received Verisk CargoNet’s prestigious “Best in Cargo Security” award, recognizing its commitment to cargo theft prevention, fraud detection and crime-intelligence sharing.

RXO employs a 35-person freight security team and a multi-layered strategy using advanced carrier screening, continuous monitoring, systemic controls and ongoing training across the logistics ecosystem.