RXO Spot Index Up 16.5% in Q1, Q2 Surge Expected
Broker's truckload spot rate index hit a four-year high in Q1 as capacity attrition from regulatory enforcement pushed rates higher despite tepid freight…
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RXO Posts Q1 Turnaround as Carrier Exits Tighten Spot Market
The 3PL reported improved margins as capacity leaves the market, but demand remains flat: a supply-driven recovery that changes how fleets price spot loads.
RXO Posts $6M Q1 EBITDA, Forecasts Up to $37M in Q2 as Rates Recover
The 3PL's gross margin fell 180 basis points as spot rates climbed against lower contract numbers, but the company expects sequential truckload profit-per-load…