RXO, Inc. reports developments in asset-light transportation solutions built around tech-enabled truck brokerage and complementary managed transportation, last mile delivery and freight forwarding services across North America. Company news commonly covers Brokerage volume, spot and contract rate mix, gross profit per load, margin trends and outlooks for freight demand and carrier capacity.
Updates also include service launches such as Middle Mile Solutions, shipper visibility through RXO Connect®, carrier programs such as RXO Extra™, and RXO's Curve truckload market forecast. Corporate news includes earnings releases, investor conference participation and capital-structure actions such as senior notes offerings.
RXO (NYSE: RXO) reported third-quarter net income of $3 million, reversing a loss as revenue and brokerage volumes increased. Revenue reached $1,871 million versus $1,421 million a year earlier, while net income compared with a $14 million loss. Adjusted EBITDA rose to $51 million from $32 million. Gross margin fell to 14.6% from 16.5%.
Brokerage volume increased 2% year over year, including 3% truckload growth. Gross profit per load rose 31% sequentially, with truckload spot mix reaching 51%. Last Mile stops increased 5%, and Managed Transportation received approximately $140 million in freight-under-management awards. RXO also has a definitive agreement for C.H. Robinson to acquire it in a stock-and-cash transaction with an implied value of $5.8 billion at announcement. Closing is expected in the first half of 2027, subject to regulatory and shareholder approval and customary conditions.
RXO (RXO) was named a 2026 Top Company for Women to Work in Trucking by the Women in Trucking Association. RXO also made the “Elite 30” list for the fourth consecutive year, recognizing companies with the highest number of industry-wide online votes. Winners were selected through a vote involving more than 18,000 trucking professionals.
C.H. Robinson (CHRW) agreed to acquire RXO (RXO) in a stock-and-cash transaction with an implied value of $5.8 billion. RXO holders would receive $17.25 cash and 0.0856 C.H. Robinson shares per share, implying $30.25. That represents premiums of 27% to RXO’s 90-day volume-weighted average price and 29% to its October 2, 2026 closing price. Cash-only and stock-only elections are subject to proration; RXO holders are expected to own 11% of the combined company.
Closing is expected in the first half of 2027, subject to regulatory and RXO shareholder approvals. C.H. Robinson expects approximately $300 million in net annual cost savings within two years after closing, adjusted earnings-per-share accretion within nine months and mid-teens accretion in 2028. It will fund the cash consideration with new debt and intends to pause buybacks until reaching its target leverage ratio after closing.
RXO (NYSE: RXO) announced that Chief Technology Officer Alyssa Myers is a finalist in the 2026 Stevie Awards for Women in Business.
Myers is a finalist in the Achievement in Digital Transformation (Woman-Led Initiative) category. She led a technology integration in 2025 following RXO’s acquisition of Coyote Logistics. Gold, Silver and Bronze placements are scheduled to be announced November 16 at a ceremony in New York City.
RXO (RXO) reports that truckload gross profit per load in August rose by more than 10% versus July, outperforming its prior outlook.
The company attributes the improvement to capturing spot market opportunities, with spot moves making up about 50% of full-truckload volume in the first two months of the quarter, and to phasing in higher contract rates while using its scale to buy transportation efficiently. RXO still expects third-quarter truckload volume to grow at a low-to-mid single digit percentage year-over-year, despite continued softness in freight demand. The update comes ahead of an investor conference appearance, and management cautions that quarterly results are not yet complete and may differ materially from final reported figures.
RXO (RXO) announced a preferred strategic partnership with Enterprise Purchasing Group (epg), under which RXO becomes epg’s official full-truckload (FTL) and less-than-truckload (LTL) freight provider. epg is described as the world’s leading group purchasing organization for logistics procurement and supply chain optimization.
Through this arrangement, epg members gain access to highly competitive, pre-negotiated pricing for FTL and LTL transportation, RXO’s pre-vetted network of more than 125,000 carriers and about 1.7 million trucks across North America, and over 125 national, regional, and specialized LTL providers. The partnership also enables direct integration with RXO’s RXO Connect® platform for end-to-end shipment processing, tracking, and visibility.
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.