• 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

CHARLOTTE, N.C. — May 2, 2024 — 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. Our brokerage business achieved double-digit volume growth for the fourth-consecutive quarter, with gross margin of 14.2%. Our complementary services continued to perform well, and our companywide sales pipeline is the largest it’s been in four years.

“We remain focused on gaining profitable market share, making strategic investments and staying disciplined on cost,” Wilkerson said. “In the first quarter, gross margin increased every month, and we enter the second quarter with improved momentum. We expect to deliver a significant increase in adjusted EBITDA sequentially. RXO is well positioned to continue to outperform and deliver significant earnings growth when the market improves.”

Companywide Results

RXO’s revenue was $0.9 billion for the first quarter, compared to $1.0 billion in the first quarter of 2023. Gross margin was 17.4%, compared to 18.7% in the first quarter of 2023.

The company reported a first-quarter 2024 GAAP net loss of $15 million, compared to $0 of net income in the first quarter of 2023. The first-quarter 2024 GAAP net loss included $12 million in transaction, integration and restructuring costs. The adjusted net loss in the quarter was $4 million, compared to adjusted net income of $13 million in the first quarter of 2023.

Adjusted EBITDA was $15 million, compared to $37 million in the first quarter of 2023. Adjusted EBITDA margin was 1.6%, compared to 3.7% in the first quarter of 2023.

Transaction, integration and restructuring costs, and amortization of intangibles, impacted GAAP earnings per share by $0.10, net of tax. For the first quarter, RXO reported a GAAP diluted loss per share of $0.13. The adjusted diluted loss per share was $0.03.

Brokerage

RXO’s brokerage business grew volume 11% year-over-year in the first quarter, including full truckload volume growth of 8% and less-than-truckload volume growth of 29%. Brokerage gross margin was 14.2% in the first quarter.

Brokerage contract volume increased by 18% year-over-year in the first quarter.

The company expects brokerage volumes to continue to grow on a year-over-year basis in the second quarter of 2024.

Complementary Services

RXO’s complementary services gross margin was 20.6% for the quarter, down 20 basis points year-over-year. Loads provided by RXO’s managed transportation business to its brokerage business increased year-over-year.

Second-Quarter Outlook

RXO expects second-quarter 2024 companywide adjusted EBITDA to be between $24 million and $30 million. The company expects second-quarter 2024 brokerage gross margin to be between 13% and 15%.

Conference Call

The company will hold a conference call and webcast on Thursday, May 2 at 8 a.m. Eastern Daylight Time. Participants can call in toll-free (from U.S./Canada) at 1-888-259-6580; international callers dial +1-416-764-8624. The conference ID is 34295742.

A live webcast of the conference call will be available on the investor relations area of the company’s website, http://investors.rxo.com. 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 archived on http://investors.rxo.com.

For the full press release, click here.

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, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

1 For definitions of non-GAAP measures see the “Non-GAAP Financial Measures” section in the full press release.

CHARLOTTE, N.C. — April 8, 2024 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today it has expanded its Responsible Care^® certification from the American Chemistry Council (ACC) to include brokerage operations at its Charlotte, North Carolina, headquarters. The company also announced it has maintained its certification for its Naperville, Illinois, managed transportation office. The certification demonstrates RXO’s unwavering commitment to transporting chemical goods safely and responsibly.

RXO has held a certification for more than 13 years. Companies certified under the ACC’s Responsible Care program meet high standards for environmental, health, safety and security (EHS&S) performance. The voluntary certification program, celebrating its 35^th year in the U.S., recognizes industry leaders focused on safety, transparency and sustainability in the chemical and bulk goods industry. Certification requires adherence to Responsible Care guiding principles, with assessments and audits ensuring compliance.

“RXO has held the Responsible Care certification for more than a decade in our managed transportation business, and we’re proud to expand this certification for our brokerage customers,” said Drew Wilkerson, chief executive officer at RXO. “We’re honored to provide freight transportation services to many top shippers of chemical and bulk goods who trust RXO to follow the strict criteria of the Responsible Care program.”

RXO offers customers a diverse range of bulk transport solutions including tank trucks for hazmat and non-hazmat chemicals, hoppers for lubricants and oils, end dumps for liquid and dry food-grade materials, and ISO containers for plastic pellets.

For more information, visit 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 complementary solutions including managed transportation, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

CHARLOTTE, N.C. — March 11, 2024 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced Alyssa Myers, vice president of technology, was named to Women in Trucking’s 2024 Top Women to Watch in Transportation list. The annual list recognizes top female leaders and their efforts to advance gender diversity in transportation.

Myers has held various leadership roles at RXO and played a key role in developing the organization’s proprietary freight brokerage platforms RXO Connect™ and RXO Drive™. Myers has overseen a significant expansion in RXO Connect’s capabilities, which now includes an enhanced e-commerce experience that allows shippers to seamlessly obtain quotes and book freight on demand. She also spearheaded the successful launch of RXO Drive, one of the industry’s top mobile apps for carriers.

“Alyssa is dedicated to innovation and empowerment within RXO,” said Heidi Ratti, chief human resources officer at RXO. “She continually keeps our customers and contract carriers in mind when introducing new capabilities to our platforms.  Alyssa’s commitment to being a positive and influential leader in transportation and technology motivates and inspires other women in our industry, and we are thrilled to see her recognized.”

Myers’ focus on user experience has also directly benefited RXO’s customers. Her team has developed tools that enable seamless pricing integration, provide shipment status visibility and offer tailored data sets for strategic decision-making. In addition to her success within her role, Myers continually exhibits a desire to create an inclusive, open environment. She hosts regular question-and-answer events for employees that provide the opportunity to learn valuable information about the organization and the logistics industry. By prioritizing communication, Myers has contributed to building a culture of transparency at RXO.

“For eight years, we’ve been pleased to recognize the accomplishments of women in transportation who make a significant impact to the industry and those around them,” said Jennifer Hedrick, WIT president and chief executive officer. “These women exemplify the mission and values of the Women In Trucking Association and truly are top women to watch in our industry.”

Myers is one of 75 women recognized on the 2024 Top Women to Watch in Transportation list who work for a broad range of company types, including motor carriers, third-party logistics companies, equipment manufacturers, retailer truck dealers, professional services companies, technology innovators and private fleets.

For more information, visit 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 complementary solutions including managed transportation, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

CHARLOTTE, N.C. — March 8, 2024 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 Pros to Know by Supply & Demand Chain Executive. The annual award recognizes top supply chain professionals who serve as an example for other leaders.

“Lou, Brian and Alyssa are integral parts of the RXO team, and their dedication, expertise and innovations have been instrumental to driving our success,” said Drew Wilkerson, chief executive officer at RXO. “We value these leaders for their commitment to RXO’s customers and employees, and their work also guides us toward more agile, sustainable and customer-centric supply chains in the future.”

Amo serves as president of RXO’s freight brokerage business, leading a team that connects shippers and carriers to move freight quickly and safely across North America. Under his leadership, RXO’s brokerage volume continues to increase despite a soft freight market, netting a 15 percent increase in Q4 2023. He is also invested in employee success and well-being and has helped grow the brokerage team by 45 percent over the past three years. Amo plays an instrumental role in developing leaders by providing them with hands-on learning opportunities. He also hosts regular internal webinars to provide his broader team with insights about the state of the logistics industry.

Dean was named president of RXO’s managed transportation business unit in 2023. As a leader, he strives to retain customers by creating competitive solutions and focusing on continuous improvement. Dean has been integral to the growth of the managed transportation business, developing creative solutions for customers and their freight needs. In 2023, 100% of customers whose contracts were up for renewal entered new agreements with RXO. Dean’s creative approach to pricing and custom solutions continues to power the managed transportation business.

Myers, vice president of technology at RXO, works to develop and implement RXO’s proprietary freight brokerage programs. With an educational background in marketing and management information systems and a decade of experience in technical product management, Myers brings a unique perspective to the logistics industry. She helped implement a multitude of improvements in RXO Connect™ – a platform that connects shippers to a network of more than 100,000 carriers. Myers also led the launch of RXO’s app that helps carriers find freight, RXO Drive™. Throughout the past 12 months, RXO Drive has become one of the top mobile apps for carriers in the industry, surpassing one million downloads in March 2023.

“Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision makers, pioneers of change and growth. They’ve spent the last year (and more) creating safer, more efficient supply chains,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. “New this year, we broke the award down into four distinct categories: Top Warehousing Stars; Top Procurement Stars; Rising Stars; and Lifetime Achievement. These winners continue to go above and beyond to overcome challenges, advance supply chain management and make the impossible, possible.”

To view the full list of 2024 Pros to Know winners, click here. For more information on RXO, visit www.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 complementary solutions including managed transportation, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

• Full-truckload brokerage volume increased 11 percent year-over-year and less-than-truckload volume increased 45 percent year-over-year
• Continued momentum in RXO’s brokerage business with multiple brokerage records in the quarter including total volume and quarterly loads per day
• Companywide gross margin of 18.0 percent; brokerage gross margin of 14.8 percent

CHARLOTTE, N.C. — February 8, 2024 — RXO (NYSE: RXO) today announced its financial results for the fourth quarter and full year of 2023.

Drew Wilkerson, chief executive officer of RXO, said, “RXO continued to execute well in the fourth quarter despite the prolonged soft freight environment. For the third consecutive quarter, our brokerage business delivered double-digit volume growth with strong gross margin. Our managed transportation business secured several new managed expedite customers, solidifying our position as a leading provider of this service. Our focus on profitable growth and cost discipline enabled us to expand companywide gross margin sequentially.

“I’m proud of all that we achieved in 2023, our first full year as a standalone company. We responded quickly to our customers’ needs and changing market conditions; as a result, our customers awarded us more freight,” Wilkerson said. “In 2024, we will remain focused on our playbook – taking profitable market share while making strategic investments in our business. Given the current market conditions, we continue to reduce costs, which, combined with our strong brokerage sales pipeline, will position RXO to deliver rapid earnings growth when the market inflects.”

Companywide Results

The company’s revenue was $1.0 billion for the fourth quarter, compared to $1.1 billion in the fourth quarter of 2022. Gross margin was 18.0 percent, compared to 19.5 percent in the fourth quarter of 2022.

The company reported fourth-quarter 2023 GAAP net income of $2 million, compared to a net loss of $4 million in the fourth quarter of 2022. Fourth-quarter 2023 GAAP net income included $4 million in transaction, integration, restructuring and other costs. Adjusted net income in the quarter was $7 million, compared to $33 million in the fourth quarter of 2022.

Adjusted EBITDA was $31 million, compared to $64 million in the fourth quarter of 2022. Adjusted EBITDA margin was 3.2 percent, compared to 5.7 percent in the fourth quarter of 2022.

Transaction, integration, restructuring and other costs, and amortization of intangibles, impacted GAAP earnings per share by $0.04, net of tax. For the fourth quarter, RXO reported a GAAP diluted earnings per share of $0.02. Adjusted diluted earnings per share were $0.06.

Brokerage

RXO’s brokerage business grew volume 15 percent year-over-year in the fourth quarter, including full truckload volume growth of 11 percent and less-than-truckload volume growth of 45 percent. Brokerage gross margin was 14.8% in the fourth quarter.

Brokerage contract volume increased by 23 percent year-over-year in the fourth quarter, the result of a strong brokerage sales pipeline, which has increased in size by 24 percent since the fourth quarter of 2022.

The company expects brokerage volumes to continue to grow on a year-over-year basis in the first quarter of 2024.

Complementary Services

RXO’s complementary services gross margin was 20.9% for the quarter, up 40 basis points year-over-year. Loads provided by RXO’s managed transportation business to its brokerage business increased both year-over-year and quarter-over-quarter.

RXO’s last mile business grew EBITDA year-over-year in the fourth quarter and for the full year.

Technology Update

In the fourth quarter of 2023, 97 percent of RXO’s brokerage loads were created or covered digitally using RXO’s cutting-edge technology platform, up from 87 percent in the fourth quarter of 2022.

The seven-day carrier retention rate was 76 percent, up 200 basis points year-over-year.

Conference Call

The company will hold a conference call and webcast on Thursday, February 8 at 8 a.m. Eastern Standard Time. Participants can call in toll-free (from U.S./Canada) at 1-888-259-6580; international callers dial +1-206-962-3782. The conference ID is 34416829.

A live webcast of the conference call will be available on the investor relations area of the company’s website, http://investors.rxo.com. A replay of the conference call will be available through February 29, 2024, by calling toll-free (from U.S./Canada) 1-877-674-7070; international callers dial +1-416-764-8692. Use the passcode 416829#. Additionally, the call will be archived on http://investors.rxo.com.

For the full press release, click here.

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, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

1 For definitions of non-GAAP measures see the “Non-GAAP Financial Measures” section in the full press release.

CHARLOTTE, N.C. — January 16, 2024 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a new AI-powered check-in system for trucks arriving at warehouses and distribution centers. The visual AI technology, which was introduced at RXO’s cross-border facility, identifies trucks via video and extracts image and video data to streamline the check-in and security process.

“RXO’s visual AI technology is already producing positive results at our Laredo, Texas facility, including reduced wait times at the gate,” said Yoav Amiel, chief information officer at RXO. “This advanced technology speeds up the process for carriers and helps shippers save time and money. We’re thrilled to continue to use machine learning and AI to provide our shippers and carriers with cutting-edge ways to make their operations more efficient.”

The visual AI technology automates the process of recording trailer numbers and matching appointments when a truck arrives on site. These tasks were previously handled manually, with facility employees documenting truck information and directing carriers to warehouse docks or yard locations. This led to truck backups at the gate during the check-in process due to high traffic, manual documentation and typing errors.

The new check-in system is integrated with RXO’s Yard Management System to automate appointment matching. To record trailer numbers, the visual AI uses machine learning computer vision and text recognition to process data from a video feed at the gatehouse and extract the data almost instantly. The system then notifies facility staff that a truck has arrived and provides all relevant information. The automation of the check-in process has reduced carrier wait time and improved data accuracy.

RXO will implement this system at its other facilities with high truck volumes. The company also plans to offer the system as a standalone service to other companies with high-traffic locations.

For more information about RXO and its cutting-edge transportation technology, visit 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 complementary solutions including managed transportation, freight forwarding 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, X (FKA Twitter),  LinkedIn,  Instagram  and  YouTube.

The Supply and Demand Chain Executive and Food Logistics award spotlights top software and technology solutions in the supply chain industry

CHARLOTTE, N.C. — December 6, 2023 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics.

The award highlights RXO’s technology platform, RXO Connect™, which offers shippers a convenient way to move freight with more than 100,000 reliable carriers. The application incorporates robust AI and machine learning algorithms that are trained on more than a decade’s worth of rich data.

“It’s an honor to be recognized by industry leaders for our cutting-edge technology,” said Yoav Amiel, chief information officer at RXO. “We’re proud to have built RXO Connect™ to help shippers and carriers facilitate seamless transactions with unparalleled visibility. We’re grateful for this recognition and remain committed to transforming the transportation industry with our technology.”

Winners are categorized between small businesses and enterprise businesses (>$49 million) as well as divided into subcategories: procurement/ERP software, WMS/TMS software, warehouse automation, robotics and supply chain visibility solutions.

“From robotics and warehouse automation to procurement and ERP software, WMS, TMS and supply chain visibility solutions, the supply chain software and technology sector continues to boom. These solutions (and many more) are designed to streamline, optimize and innovate the supply chain and logistics space, and do so by incorporating emerging technologies and a path to efficiency,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive.

To learn more about RXO Connect™ and other RXO solutions, visit 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 complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers 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.

Tech-enabled freight brokerage will add 75 new jobs outside of Columbus

CHARLOTTE, N.C. — November 29, 2023 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the opening of its newly expanded Dublin, Ohio, brokerage office.

“We are excited to expand our operations in Dublin, Ohio,” said Lou Amo, president of truck brokerage for RXO. “This expansion will allow us to better serve our customers and provide them with the highest level of service. We are grateful for the support of JobsOhio and the Ohio Department of Development in making this expansion possible.”

RXO’s 20,000-square-foot brokerage space in Dublin can support more than 150 employees in the Parkcenter One building. The company invested more than $2.5 million into the new office.

The office features standing workstations and a large employee break area with a Golden Tee game machine, custom mural, Lego wall and space for collaboration.

RXO, which offers tech-enabled truck brokerage services, managed transportation, freight forwarding and last mile delivery, was awarded an Economic Development Grant from JobsOhio as well as a Job Creation Tax Credit (JCTC) from the Ohio Department of Development to create jobs throughout the state and metro Columbus area.

“We’re thrilled RXO has made a commitment to expand in Dublin,” said Kenny McDonald, president and chief executive officer of the Columbus Partnership. “The Columbus Region is a global center for the business of logistics and supply chain management, and RXO’s decision demonstrates their confidence in our market. Congratulations to RXO and the City of Dublin.”

The new office is located at 5515 Parkcenter Circle Suite 300, Dublin OH 43017.

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, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers 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.

CHARLOTTE, N.C. — November 10, 2023 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today it has earned the 2024 Military Friendly^® Employer designation.

Institutions earning the Military Friendly Employer designation were evaluated using public data sources and responses from a proprietary survey. More than twelve hundred companies participated in the 2024 Military Friendly survey.

“We take our commitment to military members and veterans very seriously,” said Heidi Ratti, chief human resources officer at RXO. “It’s an honor to be recognized as a Military Friendly^® Employer, and we will continue to work to support the military community by creating programs to recruit, develop and retain veterans at RXO.”

The methodology for rating Military Friendly organizations was determined by VIQTORY with input from the Military Friendly Advisory Council of independent leaders in the military recruitment community. Criteria included meeting thresholds for recruitment, new hire retention, employee turnover and promotion and advancement of veterans and military employees.

“Organizations earning the Military Friendly Employers designation have wholeheartedly invested in comprehensive and impactful initiatives that bring about positive, life-changing results for our valued service members, dedicated military spouses and esteemed veterans within their ranks,” said Kayla Lopez, senior director of military partnerships at Military Friendly.  “We salute these exemplary employers who raise the bar and understand that hiring military personnel is not merely an act of goodwill but a testament to a standard that truly embodies sound business wisdom. Their steadfast commitment to integrating military personnel into their workforce not only reflects their compassion but also underscores their business acumen.”

In September, RXO worked with the Carolina Panthers of the National Football League to host the Oorah Hooah Classic 7-on-7 football tournament with active-duty members of the Army and Marines. RXO also partnered with the USO of North Carolina to provide a donation to support the organization’s mission to assist active-duty service members and their families.

RXO will be showcased in the 2024 Military Friendly^® Employers section in the Winter issue of G.I. Jobs^® magazine and on MilitaryFriendly.com. For more information RXO, please visit www.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 complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers 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.

CHARLOTTE, N.C. — November 8, 2023 — RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, celebrated the opening of the company’s expanded freight brokerage office in Plano, Texas.

“RXO is continuing to grow our footprint across the country, and we’re excited that we’ve more than doubled the size of our brokerage office in Plano,” said Lou Amo, president of truck brokerage for RXO. “This expanded location reflects our commitment to understanding customers’ transportation needs and delivering solutions to meet them. Northern Texas is a strategic location that will connect many of our blue-chip customers to carriers throughout the country, helping them move freight more efficiently.”

The new 13,500-square-foot office in Plano can support more than 100 employees. RXO invested more than $2 million in the office.

The new office features standing workstations, multiple conference rooms, a large employee break area with games and space for collaboration. The office is located in Legacy Business Park, which is just 30 minutes from downtown Dallas. RXO has opened several brokerage offices this year including Ann Arbor, Michigan, Columbia, South Carolina, Richmond, Virginia, and Kansas City, Missouri.

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, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers 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.