# RXO, Inc.

Summary updated: 2026-10-02T10:58:54.93813Z
Canonical: https://finbar.com/research/companies/rxo-inc

## Overview

RXO, Inc. is a technology-enabled, asset-light transportation brokerage and logistics company. Its core business is truck brokerage, matching shippers with independent carriers; complementary services include managed transportation, last-mile delivery and freight forwarding. RXO reports one operating segment. [1](https://app.finbar.com/go?id=P16558273)[2](https://app.finbar.com/go?id=P64024585)[3](https://app.finbar.com/go?id=P91396072)[4](https://app.finbar.com/go?id=P36421276)[5](https://app.finbar.com/go?id=P87055661)

The company is principally focused on North America, while its freight-forwarding services extend to international shipments through an intercontinental office network. RXO’s stated purpose is “to make transportation simpler and more effective for everyone.” [4](https://app.finbar.com/go?id=P36421276)[6](https://rxo.com/shippers/freight-forwarding/)[7](https://rxo.com/about-us/)

RXO reported $5.742 billion in revenue for FY2025 and 9,218 team members at year-end, including regular employees and temporary workers. It became an independent, publicly traded company following its spin-off from XPO in November 2022. [8](https://app.finbar.com/go?id=T4851976)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)
[1](https://app.finbar.com/go?id=P16558273)[2](https://app.finbar.com/go?id=P64024585)[3](https://app.finbar.com/go?id=P91396072)[4](https://app.finbar.com/go?id=P36421276)[5](https://app.finbar.com/go?id=P87055661)[6](https://rxo.com/shippers/freight-forwarding/)[7](https://rxo.com/about-us/)[8](https://app.finbar.com/go?id=T4851976)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)[6](https://rxo.com/shippers/freight-forwarding/)[7](https://rxo.com/about-us/)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)

## Products & services

RXO’s truck-brokerage services connect shippers with available truck capacity through RXO Connect®, where shippers can post loads and carriers can find, bid on and book freight online or through a mobile app [11](https://app.finbar.com/go?id=P49881026). Truckload options include dry van, temperature-controlled, flatbed, drop-trailer, cross-border, expedited and multi-stop transportation [12](https://rxo.com/shippers/truckload/). RXO’s technology offerings also include shipment updates and analytics [13](https://rxo.com/shippers/technology/).

Managed transportation includes load planning and procurement, performance monitoring, engineering, data analytics and control-tower support with shipment visibility and continuous improvement. Managed expedite uses automated procurement for time-critical road and air-charter shipments [14](https://app.finbar.com/go?id=P150245105)[15](https://rxo.com/shippers/managed-transportation/)[16](https://rxo.com/shippers/managed-transportation/control-tower/)[17](https://rxo.com/shippers/expedited/managed-expedite/). Last Mile provides heavy-goods delivery through third-party contractors, with options including same- or next-day delivery, porch drop-off, installation and assembly [18](https://app.finbar.com/go?id=P150245106)[19](https://rxo.com/shippers/last-mile/). Freight forwarding covers ocean and air transportation, customs brokerage and domestic services, including middle-mile transportation [14](https://app.finbar.com/go?id=P150245105)[6](https://rxo.com/shippers/freight-forwarding/).

RXO reports one reportable segment and does not provide a revenue-percentage breakdown for these individual services in the cited filing [20](https://app.finbar.com/go?id=P150244998).
[11](https://app.finbar.com/go?id=P49881026)[14](https://app.finbar.com/go?id=P150245105)[18](https://app.finbar.com/go?id=P150245106)[20](https://app.finbar.com/go?id=P150244998)[12](https://rxo.com/shippers/truckload/)[13](https://rxo.com/shippers/technology/)[15](https://rxo.com/shippers/managed-transportation/)[16](https://rxo.com/shippers/managed-transportation/control-tower/)[17](https://rxo.com/shippers/expedited/managed-expedite/)[19](https://rxo.com/shippers/last-mile/)[6](https://rxo.com/shippers/freight-forwarding/)

## Geographic presence

RXO’s FY2025 filing reports 171 facilities: 152 in North America (132 leased and 20 located at customer sites), eight in Asia and six in Europe, alongside five corporate facilities. It does not provide a country-by-country breakdown of these locations. [21](https://app.finbar.com/go?id=P42747411)[22](https://app.finbar.com/go?id=T12546678)

At December 31, 2025, RXO had 9,218 team members, including 6,906 regular employees and 2,312 temporary workers; employee distribution by geography was not disclosed. [23](https://app.finbar.com/go?id=P66360991) Its principal executive office is in Charlotte, North Carolina. [24](https://app.finbar.com/go?id=P108039350)

RXO describes freight-forwarding services with worldwide and intercontinental reach, and cross-border service between the United States, Canada and Mexico. [6](https://rxo.com/shippers/freight-forwarding/)[25](https://rxo.com/shippers/freight-forwarding/international/)[26](https://rxo.com/shippers/cross-border/) The FY2025 filing reports consolidated revenue but does not disclose revenue by country or region. [27](https://app.finbar.com/go?id=P54491278)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)
[21](https://app.finbar.com/go?id=P42747411)[22](https://app.finbar.com/go?id=T12546678)[23](https://app.finbar.com/go?id=P66360991)[24](https://app.finbar.com/go?id=P108039350)[27](https://app.finbar.com/go?id=P54491278)[6](https://rxo.com/shippers/freight-forwarding/)[25](https://rxo.com/shippers/freight-forwarding/international/)[26](https://rxo.com/shippers/cross-border/)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)

## Business segments

RXO reports one operating and reportable segment. Truck brokerage, last mile, and managed transportation are described as service offerings, rather than separate reportable segments. [5](https://app.finbar.com/go?id=P87055661)[20](https://app.finbar.com/go?id=P150244998)

For FY2025, the latest completed full year, truck brokerage generated $4.225 billion, approximately 73.6% of consolidated revenue; it connects shippers and carriers to arrange truckload transportation. [28](https://app.finbar.com/go?id=P94610862)[29](https://app.finbar.com/go?id=T5703670) Last mile generated $1.196 billion, approximately 20.8%, primarily providing asset-light delivery of heavy goods to consumers through third-party contractors. [4](https://app.finbar.com/go?id=P36421276)[29](https://app.finbar.com/go?id=T5703670) Managed transportation generated $549 million, approximately 9.6%, and includes outsourced freight management such as planning and procurement, control-tower visibility, analytics, managed expedite, and freight forwarding. [3](https://app.finbar.com/go?id=P91396072)[29](https://app.finbar.com/go?id=T5703670)

The service-line figures include $(228) million of eliminations, approximately (4.0)% of revenue, reconciling the offerings to consolidated FY2025 revenue of $5.742 billion; consequently, the individual offering shares sum to more than 100% before eliminations. [29](https://app.finbar.com/go?id=T5703670) In the first half of 2026, the latest interim period identified, truck brokerage accounted for approximately 76.5% of revenue, last mile 19.0%, managed transportation 8.3%, and eliminations (3.8)%. [30](https://app.finbar.com/go?id=T17196606)
[5](https://app.finbar.com/go?id=P87055661)[20](https://app.finbar.com/go?id=P150244998)[28](https://app.finbar.com/go?id=P94610862)[29](https://app.finbar.com/go?id=T5703670)[4](https://app.finbar.com/go?id=P36421276)[29](https://app.finbar.com/go?id=T5703670)[3](https://app.finbar.com/go?id=P91396072)[29](https://app.finbar.com/go?id=T5703670)[29](https://app.finbar.com/go?id=T5703670)[29](https://app.finbar.com/go?id=T5703670)[30](https://app.finbar.com/go?id=T17196606)[30](https://app.finbar.com/go?id=T17196606)[30](https://app.finbar.com/go?id=T17196606)[30](https://app.finbar.com/go?id=T17196606)[30](https://app.finbar.com/go?id=T17196606)[9](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)[31](https://investors.rxo.com/news/news-details/2026/RXO-Announces-Fourth-Quarter-Results/default.aspx)[32](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000036/rxo-20260630.htm)

## Company history

RXO’s origins as an independent company began with XPO’s December 2021 announcement that it planned to separate its tech-enabled brokerage business. The company was formed in May 2022, and XPO named Drew Wilkerson as the planned spin-off’s CEO that month. [33](https://app.finbar.com/go?id=P62525475)[34](https://rxo.com/news/xpo-logistics-announces-drew-wilkerson-as-chief-executive-officer-for-spin-off/) XPO announced the RXO name in July 2022; the separation was completed on November 1, 2022, when RXO began trading on the New York Stock Exchange under the ticker RXO. [35](https://news.xpo.com/2802/xpo-logistics-unveils-rxo-as-company-name-for-planned-spin-off/)[36](https://app.finbar.com/go?id=P102634334)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)

In June 2024, RXO agreed to acquire Coyote Logistics from UPS for $1.025 billion. The acquisition closed on September 16, 2024, substantially expanding RXO’s brokerage operations. [37](https://rxo.com/news/rxo-to-acquire-coyote-logistics-from-ups/)[38](https://app.finbar.com/go?id=P114046831)[39](https://rxo.com/news/rxo-completes-acquisition-of-coyote-logistics/)
[33](https://app.finbar.com/go?id=P62525475)[34](https://rxo.com/news/xpo-logistics-announces-drew-wilkerson-as-chief-executive-officer-for-spin-off/)[35](https://news.xpo.com/2802/xpo-logistics-unveils-rxo-as-company-name-for-planned-spin-off/)[36](https://app.finbar.com/go?id=P102634334)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)[37](https://rxo.com/news/rxo-to-acquire-coyote-logistics-from-ups/)[38](https://app.finbar.com/go?id=P114046831)[39](https://rxo.com/news/rxo-completes-acquisition-of-coyote-logistics/)[34](https://rxo.com/news/xpo-logistics-announces-drew-wilkerson-as-chief-executive-officer-for-spin-off/)[35](https://news.xpo.com/2802/xpo-logistics-unveils-rxo-as-company-name-for-planned-spin-off/)[10](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)[37](https://rxo.com/news/rxo-to-acquire-coyote-logistics-from-ups/)[39](https://rxo.com/news/rxo-completes-acquisition-of-coyote-logistics/)

## Sources

1. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P16558273)
2. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P64024585)
3. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P91396072)
4. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P36421276)
5. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P87055661)
6. [rxo.com](https://rxo.com/shippers/freight-forwarding/)
7. [rxo.com](https://rxo.com/about-us/)
8. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T4851976)
9. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000013/rxo-20251231.htm)
10. [rxo.com](https://rxo.com/news/xpo-completes-spin-off-of-rxo/)
11. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P49881026)
12. [rxo.com](https://rxo.com/shippers/truckload/)
13. [rxo.com](https://rxo.com/shippers/technology/)
14. [RXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P150245105)
15. [rxo.com](https://rxo.com/shippers/managed-transportation/)
16. [rxo.com](https://rxo.com/shippers/managed-transportation/control-tower/)
17. [rxo.com](https://rxo.com/shippers/expedited/managed-expedite/)
18. [RXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P150245106)
19. [rxo.com](https://rxo.com/shippers/last-mile/)
20. [RXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P150244998)
21. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42747411)
22. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T12546678)
23. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66360991)
24. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P108039350)
25. [rxo.com](https://rxo.com/shippers/freight-forwarding/international/)
26. [rxo.com](https://rxo.com/shippers/cross-border/)
27. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P54491278)
28. [RXO, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P94610862)
29. [RXO, Inc. — Press release (2025 Y)](https://app.finbar.com/go?id=T5703670)
30. [RXO, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17196606)
31. [investors.rxo.com](https://investors.rxo.com/news/news-details/2026/RXO-Announces-Fourth-Quarter-Results/default.aspx)
32. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1929561/000192956126000036/rxo-20260630.htm)
33. [RXO, Inc. — Full financial report (2022 Y)](https://app.finbar.com/go?id=P62525475)
34. [rxo.com](https://rxo.com/news/xpo-logistics-announces-drew-wilkerson-as-chief-executive-officer-for-spin-off/)
35. [news.xpo.com](https://news.xpo.com/2802/xpo-logistics-unveils-rxo-as-company-name-for-planned-spin-off/)
36. [RXO, Inc. — Full financial report (2022 Y)](https://app.finbar.com/go?id=P102634334)
37. [rxo.com](https://rxo.com/news/rxo-to-acquire-coyote-logistics-from-ups/)
38. [RXO, Inc. — Full financial report (2024 Y)](https://app.finbar.com/go?id=P114046831)
39. [rxo.com](https://rxo.com/news/rxo-completes-acquisition-of-coyote-logistics/)

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