Name | Value |
---|---|
Revenues | 1,040.0M |
Cost of Revenue | 879.0M |
Gross Profit | 161.0M |
Operating Expense | 181.0M |
Operating I/L | -20.0M |
Other Income/Expense | -222.0M |
Interest Income | 0.0M |
Pretax | -242.0M |
Income Tax Expense | 1.0M |
Net Income/Loss | -243.0M |
RXO is a truckload freight transportation brokerage in the United States, offering access to truckload capacity and complementary brokered services of managed transportation, last mile, and freight forwarding through a proprietary digital freight marketplace. The company generates revenue by facilitating transactions between shippers and carriers, earning a commission on each successful match. Its digital platform streamlines the process of connecting available truckload capacity with shipping needs, providing efficient and cost-effective solutions for both parties.