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.

RXO, Inc. reported second-quarter fiscal 2026 results on August 6, 2026, showing revenue growth to $1.77 billion from $1.42 billion in the prior year period. The company posted a GAAP net loss of $9 million and adjusted diluted earnings per share of $0.06, compared to an adjusted EPS of $0.04 in Q2 2025. Adjusted EBITDA increased to $40 million from $38 million, with gross margin at 13.9%. Brokerage truckload volume grew 2% year-over-year, driven by a spot mix increase to 42%, while Last Mile stops rose 3%. The company announced third-quarter adjusted EBITDA guidance of $35 million to $45 million and expects low-to-mid-single-digit volume growth. RXO operates in the transportation logistics industry, providing asset-light truck brokerage, managed transportation, and last-mile delivery solutions.