RXO

On the day after the C.H. Robinson-RXO deal was announced, Wall Street positive, S&P is cautious.

In a move that may have been foreshadowed by strong upward stock movement Thursday and Friday, C.H. Robinson, the country’s biggest 3PL, is getting a lot bigger by acquiring RXO. The transaction was announced Monday morning.  RXO’s (NYSE: RXO) stock price had risen sharply Thursday and Friday, with it rising Friday by $2.02, a gain […]

A new report quoting one insurance executive has startling observations about broker insurance.

Freight broker RXO reported its truckload spot rate index posted its largest sequential gain in five years during the second quarter, with the strong momentum carrying into the third quarter.

On the first earnings call since the Montgomery decision, RXO management focused on what it sees as a strength.

RXO’s earnings were a mixed back year-over-year and sequentially.

RXO’s debt rating held at its current level at S&P, despite growing freight market strength.

FreightWaves Today discussed trailer tech, fuel markets and rising spot rate demand during Tuesday’s live show.

Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.

Industry participants say asset-based carriers are likely the winners following the Supreme Court’s landmark ruling on freight broker liability.

FreightWaves awarded two categories of winners: Logistics Operations and Solution Providers.

Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.

The speculation has started on what the Montgomery case will mean for the brokerage industry.

Investors liked what they saw and heard in RXO’s first quarter earnings.

RXO had the type of rough quarter that might be expected given rising spot freight rates against lower contract numbers, but it foresees a significantly better second quarter. In its earnings released Thursday morning prior to an 8 a.m. EDT conference call, the company said it expected a second-quarter adjusted EBITDA of $27 million to […]

Brad Jacobs’ QXO is making its biggest acquisition so far in its building products rollup.

RXO has launched Middle Mile Solutions, a single-source service connecting the first, middle and last miles of the supply chain.

Freight broker RXO said the truckload market is seeing “the biggest structural change” since deregulation in 1980.

Triumph Financial is making slow but steady progress in its Factoring as a Service offering.

The day after, an analysis of why logistics stocks sold off so hard Thursday.