RXO Extra™ Launches With Expanded Carrier Rewards and Discounts
RXO Extra links loyal carriers to expanded suite of cost-saving partnerships in an online marketplace.
RXO Delivers Strong Fourth Quarter Driven by Brokerage Volume Growth
RXO Delivers Strong Fourth Quarter Driven by Brokerage Volume Growth Despite a challenging macro and muted peak season, RXO delivered strong results with EBITDA of $64mm, ahead of consensus expectations.
RXO in the news
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Top Industry News
Ohio Train Derailment Could Bring Cancer Risk, Millions in Damage
Weeks after a train carrying carcinogenic chemicals derailed in East Palestine, Ohio, the extent of the damage to the nearby community is still unclear. Railroads face a traffic backlog and operator Norfolk Southern Corp. could rack up tens of millions of dollars in costs.
Import Demand Continues to Fall
Lunar New Year normally brings a slow shipping period for imports, but the lead-in period was also lackluster. With many companies calling for a return to seasonal patterns later in the year, just how close are we to that being a reality?
US and Global Macroeconomics
ATA’s Bob Costello Presents Mixed Picture on Economy
Supply Chains Have Healed, Yet Their Mark on Inflation to Endure
TransportTopics: Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.
Tesla, GM Among Carmakers Flocking to Mining Events Amid Battery Metals Scramble
SupplyChainBrain: Top automakers including Tesla, General Motors, and Ford are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies.
4th Consecutive Weekly Drop Posted for Benchmark Diesel Price
FreightWaves: DOE/EIA price down more than 32 cents a gallon in that time; some predict significant increases in Q4.
- Parcel Volumes to Remain 20% Above Pre-Pandemic Rate this Year. More from FreightWaves.
- Last-mile Companies Poised to Shake up the Market. More from FreightWaves.
- ‘Colossal’ Tidal Wave of New Container Ships about to Strike. More from FreightWaves.
- Air Cargo’s Lunar New Year Blues. More from Logistics Management.
- FRA to Issue Final Rule Affecting Railroad Contract Workers. More from FreightWaves.
- RXO Makes Dedicated Freight Accessible, Desirable for Shippers and Carriers. More from FreightWaves.
Trade Groups, Unions Differ in Responses to NTSB Report on NS Derailment
Groups seem to be at odds on pace of next steps after Norfolk Southern derailment
Canada Devotes Millions in Federal Funding to Train, Recruit New Truckers
Funds to help train, find jobs for up to 2,600 truck drivers, other industry positions
Chip Makers Turn Cutthroat in Fight for Share of Federal Money
In early January, a New York public relations firm sent an email warning about what it characterized as a threat to the federal government’s program to revitalize the U.S. semiconductor industry.
What to Expect in Network Connectivity for the Supply Chain in 2023
Recent news reports suggest that supply chain normalization might not be attainable in 2023. Plagued by compounding delays and perpetual labor shortages, the global supply chain is in a predicament that requires multiple solutions.
Initiatives – Safety
FMCSA Proposes Changes to Its Motor Carrier Safety Measurement System
The Federal Motor Carrier Safety Administration has announced it won’t adopt a complex data collection method recommended in 2017 by a special National Academy of Sciences academic panel to calculate safety scores for motor carriers.
However, the agency said in a notice that it will make changes to its motor carrier Safety Measurement System that will include using certain aspects of the complex data collection method known as the Item Response Theory.