RXO operates a truck brokerage platform offering truckload freight brokering services across North America and international markets. The company facilitates the matching of shippers with carriers, operating on an asset-light model that minimizes capital requirements for equipment ownership. Beyond core brokerage, RXO provides managed transportation services, last-mile delivery solutions, and freight forwarding capabilities that encompass ocean and air transportation, customs brokerage, and domestic middle-mile services.
The company maintains a geographic footprint spanning the United States, Canada, Mexico, Asia, and Europe. RXO was incorporated in Delaware in 2022 and is headquartered in Charlotte, North Carolina. The organization operates with approximately 6,900 full-time employees and maintains a market capitalization of $2.6 billion on the New York Stock Exchange. The asset-light business model generates revenue through brokerage margins and service fees rather than through owned transportation assets.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-0.59 | $-0.59 | +72.8% | |
| 2024 | $-2.17 | $-2.17 | -7333.3% | |
| 2023 | $0.03 | $0.03 | -96.2% | |
| 2022 | $0.79 | $0.80 | — |