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    RXO Launches Prepay Fuel Option for Carriers

    8/28/24 8:30:00 AM ET
    $RXO
    Transportation Services
    Consumer Discretionary
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    RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, launched a prepay capability through the RXO Fuel Card. The new prepay solution enables drivers to plan their fuel spend and more effectively maintain their budgets.

    Carriers can preload funds to the RXO Fuel Card using their personal credit or debit card. Additionally, the new pay-as-you-go option has a quick approval process, no setup fee and allows drivers to take advantage of RXO's Fuel Card discounts. Carriers can easily access the prepay interface via RXO Connect™, RXO's proprietary platform for shippers and carriers.

    "RXO is committed to providing our carrier network with solutions that make their business more efficient and profitable," said Lou Amo, president of RXO's truck brokerage business. "The prepay capabilities give carriers added flexibility to save even more on a significant cost component of their business."

    Other benefits of RXO's Fuel Card include fuel discounts, with an average of $0.48 per gallon. The card is widely accepted at more than 9,000 locations nationwide without any minimum gallon requirements. Fuel card members also benefit from the RXO Extra discount marketplace including savings on maintenance services and tires.

    For more information on RXO and the RXO Extra™ marketplace, visit https://rxo.com/rxo-extra/.

    About RXO

    RXO (NYSE:RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240828930206/en/

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