RXO, Inc.(RXO)Company Profile
RXO, Inc. (NYSE: RXO) is a U.S.-based asset-light freight transportation company offering truckload, last mile, managed transportation, and international freight forwarding services. It was spun off from XPO in 2022.
1. Company Overview
RXO, Inc. (NYSE: RXO) is an asset-light transportation company headquartered in Charlotte, North Carolina, USA. Established in 2022 as a spin-off from XPO, Inc., RXO employs approximately 6,000 full-time staff.
As one of the leading freight brokerage providers in the U.S., RXO offers flexible, efficient, and tech-enabled logistics solutions, including truckload, less-than-truckload (LTL), last mile delivery, managed transportation, and international freight forwarding services.
Official website: https://rxo.com/
2. Core Business Segments
1. Truckload
RXO provides efficient full truckload transportation services, covering dry van, cross-border shipping, and more, supporting customized logistics needs.
2. Less-than-Truckload (LTL)
Partnering with over 70 local, regional, and national carriers, RXO delivers data-driven LTL solutions that emphasize capacity optimization and customer service.
3. Managed Transportation
RXO offers a variety of managed services—including control tower, expedited, dedicated capacity, and supply chain consulting—handling nearly $4 billion in freight under management annually.
4. Last Mile Delivery
Leveraging a network of 82 hubs and 77 facilities that reach 90% of the U.S. population, RXO offers end-to-end delivery services including delivery, installation, and assembly, completing over 11 million deliveries annually.
5. Expedited Shipping
RXO provides time-sensitive expedited logistics via ground and air with over 30 years of experience in urgent freight management.
6. Freight Forwarding
RXO delivers global and cross-border multimodal transportation solutions, including truck, air, ocean, drayage, and transloading services to ensure safe and timely international logistics.
3. Technology & Competitive Advantages
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Asset-light model combined with strong third-party resource integration
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Over a decade of freight brokerage experience with a dual focus on tech and data
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Robust last mile service network with high customer satisfaction
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Professional teams in transportation, technology, and consulting
4. Company Timeline
Date | Milestone |
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November 2022 | Spun off from XPO, Inc. as an independent company |
June 2024 | Acquired Coyote Logistics from UPS for $1.025 billion, becoming the third-largest freight broker in the U.S. |
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