LTL Volume Growth
Less-than-truckload (LTL) volume grew by 43% year-over-year, indicating strong performance in this segment despite overall market challenges.
Last Mile Stops Growth
Last mile stops increased by 12% year-over-year, marking the fifth consecutive quarter of double-digit growth.
Cost Structure Improvements
RXO has removed more than $125 million in costs since becoming a public company, with an additional $30 million in annualized expense savings announced.
Technology Investments
RXO invests over $100 million annually in technology, focusing on AI and machine learning to improve pricing models, carrier interactions, and last-mile delivery quality.
Strong Cash Flow
Despite market conditions, RXO achieved a 56% adjusted free cash flow conversion in the quarter, with a year-to-date conversion of 50%.