Acquisition And GrowthThe acquisition of Coyote positions RXO as the third largest freight brokerage firm, indicating a potential upward growth trajectory.
Financial PerformanceRXO improved synergy gains highlight its ability to purchase assets at impressive levels at a cycle trough, setting it up well for the cycle turn.
Financial StrategyRXO raised equity capital to improve its balance sheet, reducing debt and increasing financial flexibility for future acquisitions and stock repurchasing.