Margin HeadwindsRXO faces margin headwinds in the near term despite moving past its earnings trough.
Volume BaseIt sees a sub-seasonal volume base given the recent weakness, yet remains comfortable with its expectation for full year volume growth in 2025.
Weak Truck Brokerage VolumesMuted truck brokerage volumes were led by efforts to optimize price, volume, and service, as well as softness in auto markets.