RXO (NYSE:RXO) a leading provider of asset-light transportation solutions, announced today that Fernando Rabel, Jack Gerstner and Kait Parker were named 2025 Pros to Know by Supply & Demand Chain Executive. This award recognizes top supply chain professionals who serve as an example for other leaders looking to leverage supply chain for competitive advantage. This is the third consecutive year RXO leaders have been announced as winners, with recipients awarded every year since the company's inception in November 2022. "I am thrilled that Fernando, Jack and Kait are being recognized for their expertise and unwavering dedication to RXO and our customers and carriers," said Drew Wilkerson, ch

RXO (NYSE:RXO) today announced that company leaders will participate in the following investor conferences: Event: 46th Annual Raymond James Institutional Investor Conference in Orlando, Florida Presentation: Monday, March 3, 2:15 p.m. EST Speakers: Jamie Harris, chief financial officer; Jared Weisfeld, chief strategy officer Event: J.P. Morgan 2025 Industrials Conference in New York, New York Presentation: Wednesday, March 12, 2:25 p.m. EDT Speakers: Jared Weisfeld, chief strategy officer Live webcasts and replays of the presentations will be available at http://investors.rxo.com. About RXO RXO (NYSE:RXO) is a leading provider of asset-light transportation solutions. RXO offers t

Today, RXO (NYSE:RXO), a leader in asset-light transportation solutions, released its proprietary Q1 2025 Curve Truckload Market Forecast. The long-trusted quarterly forecast continues under RXO following the company's acquisition of Coyote Logistics and will now benefit from even more robust datasets thanks to the combined organizations. The Curve, originally published in 2018, is a proprietary index that measures the year-over-year rate of change in truckload linehaul spot rates, exclusive of fuel. By using thousands of daily shipments spanning nearly 20 years, the Curve gauges truckload cycles as the balance of carrier supply and shipper demand shifts in a dynamic, fragmented marketplac

RXO (NYSE:RXO) a leader in asset-light transportation solutions, released new original research today that reveals how 1,000 industry experts are setting standards for key performance indicators (KPIs) and how their benchmarks have evolved since the COVID-19 pandemic. The Logistics Professional's Guide to KPIs research study, conducted in collaboration with third-party research firm Qualtrics, aims to equip shippers and carriers with current industry benchmarks for critical transportation metrics – from on-time delivery to primary tender acceptance. "KPIs are essential for effective supply chain management and continuous improvement, and they're always evolving," said Ben Steffes, VP of

Coyote acquisition remains ahead of schedule. Raising annualized cost synergy estimate to be at least $50 million Brokerage volume increased by 10% sequentially from the third quarter Managed Transportation sales pipeline now nearly $2 billion in freight under management Last Mile stop growth continued to accelerate and grew 15% year-over-year RXO (NYSE:RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "The integration of Coyote Logistics remains ahead of schedule and we're again raising our estimate for annualized cost synergies. We now expect to achieve at least $50 million in synergies." Wi

Smaller public U.S. companies have underperformed larger company stocks for the better part of the past decade – but the investment professionals at Emerald Asset Management are seeing the emerging signs of a "Springtime for Small Caps" at their 32nd annual Groundhog Day Investment Forum, coming up on Thursday, February 6th online as an all-event virtual stream. Emerald's team of analysts and portfolio managers will focus on sector- and industry- specific opportunities as they introduce an exclusive new whitepaper exploring the Springtime for Small Caps theme. The Forum will kick-off at 10:00am EST with the introduction of the Springtime for Small Caps whitepaper with Emerald's small-cap

RXO (NYSE:RXO) today announced that Chief Executive Officer Drew Wilkerson and Chief Strategy Officer Jared Weisfeld will participate in the following investor conferences: Event: Citi's 2025 Global Industrial Tech and Mobility Conference in Miami, Florida Presentation: Wednesday, February 19, 11:20 a.m. EST Event: Barclays 42nd Annual Industrial Select Conference in Miami, Florida Presentation: Thursday, February 20, 9:50 a.m. EST Live webcasts and replays of the presentations will be available at http://investors.rxo.com. About RXO RXO (NYSE:RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with compleme

RXO (NYSE:RXO) a leading provider of asset-light transportation solutions, has been named a 2024 SmartWay Leader by the U.S. Environmental Protection Agency (EPA). This recognition highlights RXO's ability to influence and drive industry-wide change for a more sustainable future. As part of the inaugural list of leaders, RXO was honored for its project, CSR Principles: Corporate Action to Customer Options. This initiative reflects RXO's commitment to advancing freight efficiency, reducing environmental impact, and offering innovative solutions to customers and carriers. RXO's technology platform and truck driver app help drive sustainable practices while enhancing overall business resilie

GREENWICH, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NASDAQ:QXO) today announced that it has made public a proposal to the Board of Directors of Beacon Roofing Supply, Inc. (NASDAQ:BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash. The proposal implies a total transaction value of approximately $11 billion and a 37% premium above Beacon's 90-day unaffected volume-weighted average price of $91.02. "Our all-cash offer provides compelling value. We believe Beacon shareholders have a right to evaluate our proposal, despite the attempt by Beacon's Board of Directors to withhold it from them," said Brad Jacobs, chairman and chief executive officer of QXO.

RXO (NYSE:RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Wednesday, February 5, 2025. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 45015 A replay of the conference call will be available through February 12, 2025, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 45015#. Additionally, the call will

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Coyote acquisition remains ahead of schedule. Raising annualized cost synergy estimate to be at least $50 million Brokerage volume increased by 10% sequentially from the third quarter Managed Transportation sales pipeline now nearly $2 billion in freight under management Last Mile stop growth continued to accelerate and grew 15% year-over-year RXO (NYSE:RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "The integration of Coyote Logistics remains ahead of schedule and we're again raising our estimate for annualized cost synergies. We now expect to achieve at least $50 million in synergies." Wi

RXO (NYSE:RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Wednesday, February 5, 2025. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 45015 A replay of the conference call will be available through February 12, 2025, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 45015#. Additionally, the call will

Coyote acquisition completed September 16; integration well underway and progressing smoothly. Raising annualized cost synergy estimate to at least $40 million. Strengthened balance sheet while financing Coyote acquisition; combined company leverage ratio decreased by more than 40% Companywide gross margin of 17.3%; Brokerage gross margin of 13.7% Managed Transportation was awarded more than $300 million in new freight under management Last Mile stop growth continued to accelerate and grew 11% year-over-year RXO (NYSE:RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "In the third quarter, our focu

RXO (NYSE:RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, November 7, 2024. The conference call will now be at 7 a.m. EST. The company's results will be made available on www.rxo.com. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A replay of the conference call will be available through November 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 82059#. Additionally, the call

RXO (NYSE:RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Thursday, November 7, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EST. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 82059 A replay of the conference call will be available through November 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 82059#. Additionally, the call will be a

Companywide gross margin of 19.0%; Brokerage gross margin of 14.7% Brokerage volume increased by 4%; less-than-truckload volume grew 40% and full truckload volume declined by 2% year-over-year Last Mile stops grew 7% year-over-year, the fastest rate in nearly two years Managed Transportation was awarded more than $200 million in freight under management Acquisition of Coyote Logistics on track to close in the first half of the fourth quarter RXO (NYSE:RXO) today announced its financial results for the second quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "In the second quarter, RXO continued to execute well, including achieving 4% Brokerage volu

RXO (NYSE:RXO) will issue its second-quarter financial results before the opening of the New York Stock Exchange on Wednesday, August 7, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EDT. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 70115 A replay of the conference call will be available through August 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 70115#. Additionally, the call will be a

Creates the third-largest provider of brokered transportation in North America – a scaled industry leader Strategic transaction immediately and significantly accretive to RXO's adjusted diluted earnings per share and adjusted free cash flow Expands RXO's market position with increased capacity for customers and increased access to freight for carriers Purchase price of $1.025 billion in cash RXO to fund the transaction with mix of equity and debt that is expected to be neutral to leverage; fully committed equity from two of RXO's largest shareholders represents over 50% of purchase price RXO (NYSE:RXO) has entered into a definitive agreement to acquire Coyote Logistics, an a

Brokerage volume increased by 11% year-over-year, with full-truckload volume growth of 8% and less-than-truckload volume growth of 29% year-over-year Brokerage and companywide gross margin improved every month as the quarter progressed Companywide gross margin of 17.4%; brokerage gross margin of 14.2% Companywide sales pipeline the largest it has been in four years RXO (NYSE:RXO) today announced its financial results for the first quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "RXO continued to deliver exceptional brokerage volume growth and strong margin performance in the first quarter of 2024, despite persistent softness in the freight market. Ou

RXO (NYSE:RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Thursday, May 2, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EDT. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 888-259-6580 International callers: (+1) 416-764-8624 Conference ID: 34295742 A replay of the conference call will be available through May 23, 2024, by calling toll-free (from U.S./Canada) +1-877-674-7070; international callers dial +1-416-764-8692. Use the passcode 295742#. Additionally, the call will be archi

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Truist initiated coverage of RXO, Inc. with a rating of Buy and set a new price target of $24.00

Deutsche Bank initiated coverage of RXO, Inc. with a rating of Hold and set a new price target of $19.00

Goldman resumed coverage of RXO, Inc. with a rating of Neutral and set a new price target of $29.00

Citigroup downgraded RXO, Inc. from Buy to Neutral and set a new price target of $33.00

Wells Fargo resumed coverage of RXO, Inc. with a rating of Equal Weight and set a new price target of $31.00

Citigroup initiated coverage of RXO, Inc. with a rating of Buy and set a new price target of $33.00

Raymond James resumed coverage of RXO, Inc. with a rating of Mkt Perform

TD Cowen reiterated coverage of RXO, Inc. with a rating of Hold and set a new price target of $20.00 from $19.00 previously

TD Cowen reiterated coverage of RXO, Inc. with a rating of Market Perform and set a new price target of $19.50 from $16.50 previously

BofA Securities downgraded RXO, Inc. from Buy to Neutral