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RXO / RXO comes in relatively strong in quarter full of weak freight earnings

On the earnings call Wednesday for publicly traded 3PL RXO, Ravi Shanker of Morgan Stanley asked the question that lingered after the upbeat statements by company management: How can this company's leaders be so optimistic? Shanker is one of the network of transportation analysts who have sat through one dreary Q1 earnings call after another, with executives across the spectrum all talking about the “soft” market — a four-letter word that has come up on virtually every call — and forecasts that were optimistic based on the notion that things couldn't keep getting worse in freight markets from the perspective of brokers and carriers. Read More

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Posted: May 3 2023, 17:36

Author Name: FreightWaves

RXO News

By CNBC Television
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By Zacks Investment Research
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Analysts Estimate RXO (RXO) to Report a Decline in Earnings: What to Look Out for

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By Seeking Alpha
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RXO: Steering Through The Freight Frenzy

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By Seeking Alpha
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RXO, Inc. (RXO) Q2 2023 Earnings Call Transcript

RXO, Inc. (NYSE:RXO ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer James H

By CNBC Television
August 2, 2023

Consumer health has been resilient, opportunity for a 'peak season', says RXO CEO Drew Wilkerson

Drew Wilkerson, RXO CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, the stock's reaction and more.

By Seeking Alpha
June 13, 2023

RXO: Innovative Technologies Supporting Transportation, And Cheap

RXO Inc., the fourth largest broker of full truckload freight transportation in the US, has a positive outlook for 2023 due to strong customer relatio

By FreightWaves
June 6, 2023

RXO exec at UBS conference says 3PL's market share still rising

NEW YORK — RXO's chief strategy officer conceded to a conference here that he didn't have much fresh to say in terms of the company's market or over

By Yahoo Finance
May 10, 2023

AI will allow employees to do more per day: RXO CEO

RXO CEO Drew Wilkerson joins Yahoo Finance Live's Seana Smith from the Goldman Sachs Industrials & Materials Conference in N.Y., to discuss the state

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