RXO, Inc.

RXO, Inc. is a transportation and logistics company headquartered in Charlotte, North Carolina. The company was officially established as an independent, publicly traded entity on November 1, 2022, following its strategic spin-off from XPO Logistics. Led by CEO Drew Wilkerson, the company was formed to focus on digital freight brokerage and specialized logistics solutions without owning the underlying heavy transportation assets. Business/Product Breakdown RXO, Inc. operates a brokered transportation platform that utilizes a best-in-class combination of third-party capacity and proprietary technology to facilitate the movement of freight. The core of its operations is a truckload brokerage business, which connects a diverse customer base, ranging from small businesses to large industrial and e-commerce enterprises, with a network of approximately 115,000 independent carriers. The company provides specialized services including managed transportation, where it executes outsourced supply chain strategies; last-mile delivery for heavy goods; and freight forwarding for ground, air, and ocean transport. Additional offerings include ground and air expedite services for urgent shipments, drayage, and warehouse transloading. The company's operations are anchored by RXO Connect, a digital freight platform that uses machine learning, artificial intelligence, and extensive data points to automate load matching and provide real-time visibility for shippers. For carriers, the platform includes the RXO Drive application, which allows drivers to find loads that fit their schedules and access a rewards program. This technological infrastructure enables the company to operate an asset-light model, focusing on the coordination and optimization of logistics flows rather than the ownership of a transportation fleet. Through these integrated digital tools, RXO provides contract and spot pricing solutions while aiming to reduce empty miles across its North American and international networks.