RXO, Inc. (RXO)

The company now

RXO reported third-quarter revenue of $1.9 billion on 29 October, up from $1.4 billion a year earlier 2. It earned net income of $3 million, against a net loss of $14 million in the same quarter of 2025 2. Gross margin, which is revenue minus the cost of moving the freight, fell to 14.6 percent from 16.5 percent 2.

Revenue per truckload rose 48 percent, which the filing ties to higher freight rates and fuel prices, while load volume rose 2 percent 1. Truckload spot freight, priced load by load, reached 51 percent of volume, up from 29 percent a year earlier 2. RXO prices its service either under a contract or on a spot basis 1.

On 5 October, C.H. Robinson agreed to acquire RXO in a cash-and-stock deal that RXO's release puts at $5.8 billion, with closing expected in the first half of 2027 2. Each RXO share would convert into $17.25 in cash plus 0.0856 of a C.H. Robinson share, or holders may elect all cash or all stock, subject to proration 3. The deal needs approval from a majority of RXO shares and antitrust clearance, and RXO held no earnings call because of it 32.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.