RXO, Inc. engages in providing asset-light transportation solutions. The company is headquartered in Charlotte, North Carolina and currently employs 9,873 full-time employees. The company went IPO on 2022-10-27. The firm 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 through supply chains across North America. Its self-learning RXO Connect digital brokerage platform encompasses Freight Optimizer, as well as its mobile app, application programming interface (API) integrations, self-service dashboards and real-time functionality for transacting and tracking freight shipments. Its managed transportation service provides asset-light solutions for shippers who outsource their freight transportation. Its control tower solution leverages the expertise of a dedicated team focused on continuous improvement, and digital, door-to-door visibility into order status and freight in transit. Its last mile offering is an asset-light service that facilitates consumer deliveries.
Mr. Drew Wilkerson is the Chairman of the Board of RXO Inc, joining the firm since 2022.
What is the price performance of RXO stock?
The current price of RXO is $19.43, it has decreased 0% in the last trading day.
What are the primary business themes or industries for RXO Inc?
RXO Inc belongs to Road & Rail industry and the sector is Industrials
What is RXO Inc market cap?
RXO Inc's current market cap is $3.2B
Is RXO Inc a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for RXO Inc, including 3 strong buy, 4 buy, 16 hold, 2 sell, and 3 strong sell