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RXO, Inc. issued a press release on September 9, 2026, reporting preliminary operating metrics for the third quarter…
RXORXO, Inc.
RXO, Inc. issued a press release on September 9, 2026, reporting preliminary operating metrics for the third quarter of 2026. The company announced that truckload gross profit per load increased by more than 10 percent in August compared to July, exceeding prior outlooks. Spot freight represented approximately 50% of full-truckload volume through the first two months of the quarter as RXO captured spot opportunities and phased in higher contract rates. The company maintains its expectation for third-quarter truckload volume to increase by a low-to-mid single digit percentage year-over-year despite ongoing softness in freight demand. This update was provided ahead of an investor conference featuring Chairman and CEO Drew Wilkerson.