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RXO, Inc. - $RXO STOCK NEWS

Welcome to our dedicated page for RXO news (Ticker: $RXO), a resource for investors and traders seeking the latest updates and insights on RXO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RXO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RXO's position in the market.

Rhea-AI Summary
RXO (NYSE: RXO) to Release Fourth-Quarter Financial Results on February 8, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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Rhea-AI Summary
RXO (NYSE: RXO) has been recognized with the Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics for its technology platform, RXO Connect™, which offers shippers a convenient way to move freight with more than 10,000 reliable carriers. The application incorporates robust AI and machine learning algorithms trained on more than a decade's worth of rich data. This recognition highlights RXO's commitment to transforming the transportation industry with cutting-edge technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
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RXO (NYSE: RXO) announces the expansion of its Dublin, Ohio brokerage office, creating 75 new jobs and investing over $2.5 million in a 20,000-square-foot space. The company aims to better serve its customers and has received support from JobsOhio and the Ohio Department of Development. The office features standing workstations, a large employee break area, and various amenities for collaboration. RXO offers tech-enabled truck brokerage services, managed transportation, freight forwarding, and last mile delivery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
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none
Rhea-AI Summary
RXO (NYSE: RXO) Earns 2024 Military Friendly® Employer Designation, Commits to Supporting Veterans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
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Rhea-AI Summary
RXO (NYSE: RXO) Expands Freight Brokerage Office in Plano, Texas, Investing Over $2 Million in 13,500-Square-Foot Facility
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Rhea-AI Sentiment
End-of-Day
-4.82%
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Rhea-AI Summary
RXO (NYSE: RXO) announced its Q3 2023 financial results. Full-truckload brokerage volume increased 13%, less-than-truckload volume increased 55%. Companywide gross margin was 17.7%. Revenue was $1.0 billion, with a GAAP net loss of $1 million. Adjusted net income was $6 million. Brokerage business grew volume 18% year-over-year. RXO's technology platform covered 97% of brokerage loads. The company also improved its capital structure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Rhea-AI Summary
RXO, a leading provider of asset-light transportation solutions, is celebrating its one-year anniversary as a standalone, publicly traded company. Since its spin-off from XPO on November 1, 2022, RXO has achieved significant milestones, including opening new offices and a cross-border facility, winning awards, and reaching over one million downloads of its app, RXO Drive™.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
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RXO, a leading provider of asset-light transportation solutions, has been named a 2023 Top Company for Women to Work for in Transportation by the Women in Trucking Association. They were also recognized as part of the 'Elite 30' list, which highlights companies with the highest industry-wide votes in Women in Trucking's poll. RXO is committed to fostering an inclusive workplace and offers a comprehensive benefits package to eligible employees.
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Rhea-AI Sentiment
End-of-Day
3.94%
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RXO Wins Best in HR Award from Charlotte Business Journal
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End-of-Day
-0.16%
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RXO to participate in Stephens Annual Investment Conference
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Rhea-AI Sentiment
End-of-Day
0.91%
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RXO, Inc.

NYSE:RXO

RXO Rankings

RXO Stock Data

2.37B
100.61M
0.73%
103.98%
2.52%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States of America
CHARLOTTE