RXO

Yahoo Finance • 13 days ago

In a weak quarter for brokerages, RXO’s stock price takes a pounding after earnings

RXO touted its growing synergies with Coyote in its latest earnings. (Photo: Jim Allen\FreightWaves) (A quick summary of some key points of RXO’s earnings can be found here.) With four publicly-traded freight brokerages now having report... Full story

Yahoo Finance • 26 days ago

3 US Stocks That Might Be Estimated Under Their Intrinsic Value

As the United States stock market continues its upward trajectory, with the S&P 500 reaching a record closing high amid strong corporate earnings and optimism surrounding AI-related business developments, investors are increasingly on the... Full story

Yahoo Finance • 5 months ago

RXO gets support from S&P after 2 big stock sales to fund Coyote acquisition

Any company with publicly traded debt views its rating from agencies such as Standard & Poor’s as of paramount importance. And last week, 3PL RXO received a thumbs-up from Standard & Poor’s Global Ratings (NYSE: SPGI) on the steps it has t... Full story

Yahoo Finance • 5 months ago

RXO completes $1.025B acquisition of Coyote Logistics

“Look at where we are in the cycle. This is like a dream come true for us to be able to buy a scaled asset at the bottom of the cycle to position ourselves even stronger for the inflection,” RXO CEO Drew Wilkerson said at an investor confe... Full story

Yahoo Finance • 8 months ago

BREAKING: UPS sells Coyote to RXO

UPS sells Coyote Logistics to RXO. (Photo: Jim Allen/FreightWaves) UPS Inc. (NYSE:UPS) announced Sunday it plans to sell its truckload brokerage business Coyote Logistics to the technology-enabled brokerage RXO (NYSE:RXO) for $1.025 billi... Full story

Yahoo Finance • 8 months ago

RXO Wins Top Digital Freight Brokerage Software of the Year Award

SupplyTech Breakthrough recognizes RXO’s proprietary platform, RXO Connect™ CHARLOTTE, N.C., June 13, 2024--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerag... Full story

Yahoo Finance • 11 months ago

25 Biggest Trucking Companies in the US

In this article, we will look into the 25 biggest trucking companies in the US. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Trucking Companies in the US. US Trucking Market The US trucking industry pla... Full story

Yahoo Finance • last year

Brad Jacobs to Enter Building Products Distribution Industry

Will Launch “QXO” with Tech-Forward Strategy in Large and Growing Industry, Rich with Acquisition Opportunities Sets Revenue Run-Rate Targets of at Least $1 Billion by End of Year One, at Least $5 Billion within Three Years, and Tens of B... Full story

Yahoo Finance • 2 years ago

TriumphPay Audit to Streamline Invoicing for RXO

DALLAS, July 13, 2023 (GLOBE NEWSWIRE) -- TriumphPay announced today that RXO, a leading provider of asset-light transportation solutions, is actively using the TriumphPay audit processing platform. The TriumphPay open payments network h... Full story