-

RXO Wins Dow Above and Beyond Award for Managed Transportation Performance

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) has won Dow’s Above and Beyond Award for the stellar work of its managed transportation team throughout the summer of 2022. Over a six-week period in June and July, RXO worked swiftly to manage Dow’s operations at a shared warehouse facility in Louisville, KY – tracking inventory, processing bills, managing inbound and outbound deliveries and guiding a warehouse management system conversion.

Drew Wilkerson, chief executive officer at RXO, said, “We’re thrilled to be recognized by such a distinguished customer for going above and beyond to provide mission-critical support under a tight timeframe. We pride ourselves on acting as an extension of our customers and solving complex supply chain issues under any condition.”

RXO was recently recognized by Dow for environmental stewardship and received the company’s 2020 Sustainability Award for road transportation.

About RXO
RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO is primarily driven by a tech-enabled truck brokerage and also offers complementary solutions for managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with more than 100,000 independent carriers across North America. The company has more than 7,000 employees and is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Contacts

Investors
Kevin Sterling
kevin.sterling@rxo.com

Media
Nina Reinhardt
nina.reinhardt@rxo.com

RXO

NYSE:RXO
Details
Headquarters: Charlotte, North Carolina
CEO: Drew Wilkerson
Employees: -
Organization: PUB

Release Versions
$Cashtags
Hashtags

Contacts

Investors
Kevin Sterling
kevin.sterling@rxo.com

Media
Nina Reinhardt
nina.reinhardt@rxo.com

Social Media Profiles
More News From RXO

RXO’s Latest Curve Freight Market Forecast Shows Third-Consecutive Quarter of Decelerating Spot Rate Growth

CHARLOTTE, N.C.--(BUSINESS WIRE)--Today, RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, released the latest update to its proprietary Curve truckload market forecast. The Q4 Curve update, which recaps third-quarter performance, covers macroeconomic indicators and trends driving the truckload market, and provides a fourth-quarter freight market forecast, indicates a sustained year-over-year increase in truckload rates in the third quarter. The rate of this growth de...

RXO Announces Participation at Upcoming Investor Conferences

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that company leaders will participate in the following investor conferences:     Event: UBS Global Industrials and Transportation Conference     Presenter: Chief Strategy Officer Jared Weisfeld     Details: Tues., Dec. 2, 3:30 p.m. EST in Palm Beach, Fla.             Event: Goldman Sachs Industrials and Materials Conference     Presenters: Chief Strategy Officer Jared Weisfeld, Sr. Market Strategist Kevin Sterling     Details: We...

RXO Announces Third-Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today reported its third-quarter financial results. RXO Chairman and CEO Drew Wilkerson said, “Market conditions tightened late in the third quarter as truckload capacity exits accelerated, which impacted both our buy rates and Brokerage gross margin. We also saw a further weakening of demand across our business as the quarter progressed. Both of these dynamics have continued into the fourth quarter. As we navigate this market, everyone at RXO r...
Back to Newsroom