RXO Chairman and CEO Drew Wilkerson Named a Rainmaker by Leading Logistics Publication

Key Terms

asset-light transportation solutions financial

Asset-light transportation solutions are business models that provide shipping, logistics or passenger transport services without owning most of the vehicles, warehouses or infrastructure used to operate them. Like a travel agent arranging trips using third-party airlines and hotels instead of owning planes, these firms focus on managing contracts, software and customer relationships, which can mean faster growth, lower upfront costs and more flexible margins—factors investors watch for scalability and capital efficiency.

spin-off financial

A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.

View in glossary

freight brokerage financial

A freight brokerage arranges the movement of goods by connecting businesses that need to ship cargo with trucking companies or other carriers, earning a fee for coordinating the match and handling paperwork. Think of it as a travel agent for freight: it doesn't usually own the trucks but makes shipping smoother and more efficient, so investors watch broker revenues and margins as signals of freight demand, pricing power and cost control.

blue-chip financial

A blue-chip stock is a share in a large, well-established company with a long record of steady sales, profits, and reliable management. Investors care because these stocks tend to be less volatile and often pay regular dividends, acting like the steady, well-built house in a neighborhood of riskier properties—offering stability and income potential in a portfolio.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

This recognition highlights Wilkerson’s leadership in scaling RXO

CHARLOTTE, N.C.--(BUSINESS WIRE)-- RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced that Chairman and CEO Drew Wilkerson has been named a 2026 Rainmaker by DC Velocity, one of the logistics and supply chain industry’s leading publications. The honor recognizes influential leaders who demonstrate innovation, leadership, and measurable impact on the industry through their work.

“This recognition reflects the strength of the RXO team and the momentum we’re building across the business. By combining deep industry expertise, leading technology and a relentless focus on service, we’re delivering meaningful value for our customers and carriers and positioning RXO for long-term growth,” Wilkerson said.

Wilkerson has led RXO since its establishment as an independent, publicly traded company following its spin-off from XPO Logistics in 2022. Under his leadership, RXO has grown into a more than $4.5 billion business and become the third-largest freight brokerage in North America, with nearly 10,000 employees worldwide that serve blue-chip customers across a wide variety of industries.

In 2024, Wilkerson spearheaded RXO’s acquisition of Coyote Logistics from UPS, a strategic transaction that expanded RXO’s market presence, increased capacity and network density for customers, diversified its customer base and positioned the company for long-term growth.

Wilkerson is a transportation industry veteran with nearly two decades of brokerage leadership experience. Prior to his current role, Wilkerson held various leadership roles at XPO Logistics, including president of North American Transportation. He is a graduate of the University of South Carolina.

Wilkerson has received multiple industry honors, including being named to Charlotte Business Journal’s Most Admired CEO list (2024), its 40 Under 40 list (2023), Business North Carolina’s Power List (2023-2026), and Supply and Demand Chain Executive’s Pros to Know list (2021). He was named SupplyTech Breakthrough’s CEO of the Year in 2023.

For more information about DC Velocity Rainmakers, visit https://www.dcvelocity.com/supply-chain/the-rainmakers.

About RXO
RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260702706403/en/

Media Contact
Nina Reinhardt
nina.reinhardt@rxo.com

Investor Contact
Kevin Sterling
kevin.sterling@rxo.com

Source: RXO