RXO Wins Dow Above and Beyond Award
Dow’s Above and Beyond Award recognizes the stellar work of RXO’s Managed Transportation team in 2022.
Drew Wilkerson, chief executive officer at RXO, said, “We’re thrilled to be recognized by such a distinguished customer for going above and beyond to provide mission-critical support under a tight timeframe. We pride ourselves on acting as an extension of our customers and solving complex supply chain issues under any condition.”
RXO In The News
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Top Industry News
2023 Rate Outlook: Will Shippers Catch a Break?
An annual gathering of freight transportation industry analysts reveals some common themes, largely around the notion that rates are not likely to increase much—if at all—in some modes and will continue declining in others. Does this mean things are stabilizing?
Inflation, Consumer Spending Cool in December
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.
The Jan. 27 report from the Commerce Department showed that prices rose 5% last month from a year earlier, down from a 5.5% year-over-year increase in November. It was the third straight drop.
US and Global Macroeconomics
IMF Chief Says Global Economic Outlook ‘Less Bad’ Than Feared
U.S. Aviation System Meltdown Tied to Corrupted Digital File
SupplyChainBrain: A corrupted computer file led to the breakdown of an air-safety system that prompted flights to be grounded across the U.S., according to people familiar with the preliminary findings.
California’s Loss is Texas’ Gain
FreightWaves: Nation’s 2 largest states for freight are moving in opposite directions.
Sanctions Effect Begins: Crude Tankers Forced onto Longer Voyages
FreightWaves: Russian crude exports switch from European Union to buyers in India.
Trucking M&A Expert Doesn’t Expect Slowdown
Transport Topics: The market for mergers and acquisitions in trucking is poised to stay robust, but could undergo some changes, an expert said during a recent industry event.
- Parcel Carriers made Good on Peak Delivery Commitments, ShipMatrix says. More from FreightWaves.
- Last-mile Delivery of Big Items a Fertile Field for 3PLs, report says. More from FreightWaves.
- Rough Start to 2023 for Dry Bulk, Tanker, Gas, Container Shipping. More from FreightWaves.
- Air Cargo: Volatility Lingers. More from Logistics Management.
- Collaboration must be Key for Railroads to Thrive, experts say. More from FreightWaves.
- RXO Makes Dedicated Freight Accessible, Desirable for Shippers and Carriers. More from FreightWaves.
Biden Climate Blueprint Promotes Modal Shift Away from Trucks
Maritime and rail offer ‘cleanest options’ for achieving net-zero GHG, administration asserts
GM to Expand EV Production in Mexico, Creating 4,500 Jobs
General Motors is reportedly considering expanding electric vehicle production to its existing plant in the northern Mexico city of Ramos Arizpe.
Port Laredo No. 2 Gateway for International Trade in November
It was among the nation’s 450 international gateways, behind Chicago O’Hare Interational Airport. As the nearshoring trend continues, companies must start building relationships with transportation providers that have strong cross-border operations.
Technicians Gear Up for Truck Technology Changes
As truck technologies and emissions systems continue to evolve and electric-powered trucks begin to hit the market, the knowledge and expertise required to service and maintain these vehicles is also shifting.
Initiatives – Safety
DOT Unveils Strategic Safety Plan
Evaluating existing technologies and supporting emerging technologies will facilitate the adoption of safety programs for the country’s mobility corridors, a new strategic plan from the Department of Transportation determined.
Head of Transportation Safety Board Shares Concern Over Heavy EV Safety Risks
The extra weight that EVs typically carry stems from the outsize mass of their batteries. To achieve 300 or more miles (480 or more kilometers) of range per charge from an EV, batteries have to weigh thousands of pounds.