RXO earned $16M adjusted net income compared to $2M a year ago, driven by Brokerage outperformance. The company announced a merger with C.H. Robinson expected to close in 2027.
RXO news
Latest 4 stories · newest Oct 29, 2026
RXO, Inc. has entered into a definitive merger agreement with C.H. Robinson Worldwide, Inc. to acquire the company in an all-stock transaction valued at approximately $3.9 billion, combining two major players in the logistics and transportation industry.
RXO, Inc. reported August truckload gross profit per load rose over 10%, beating prior outlook. The company anticipates third-quarter truckload volume will increase by a low-to-mid single-digit percentage year-over-year.
RXO reported a 2% year-over-year increase in truckload volume and a 42% spot mix, improving gross profit per load by 11% year-over-year. The company expects brokerage trends to persist into Q3, though full-year margins remain impacted by one-time costs.
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