RXO, Inc.: management transactions · United States · SEC (Form 4)

About RXO, Inc.

RXO, Inc. is a United States-based, NYSE-listed logistics and transportation company focused on asset-light freight brokerage and complementary supply-chain services. The company was formed through the separation of XPO Logistics and began operating as an independent public company in 2022. Headquartered in Charlotte, North Carolina, RXO serves shippers across North America with a model built around technology-enabled freight matching, carrier capacity aggregation, and operational execution rather than owned transport assets. RXO’s core business is freight brokerage, especially truckload brokerage, where it connects shippers with a broad carrier network. Over time, the company has expanded beyond its traditional brokerage base into adjacent offerings such as managed transportation, last-mile delivery, and more recently middle-mile solutions. In February 2026, RXO introduced Middle Mile Solutions, aiming to connect manufacturing sites, distribution nodes, and final delivery points in a more integrated “dock-to-door” workflow. This broadening of service lines is intended to deepen customer relationships and increase the share of wallet within the shipper’s logistics budget. A major strategic milestone was the completion of the Coyote Logistics acquisition in 2024. That transaction materially expanded RXO’s scale, customer reach, and operating footprint in North America. The company now presents itself as one of the largest freight brokers in the region, and management has emphasized that this scale provides room for share gains over time. RXO competes in a highly fragmented, highly cyclical industry where service quality, network density, pricing discipline, and digital tools are critical differentiators. Its competitive positioning is therefore centered on technology, speed of execution, and the ability to provide flexible capacity across market cycles. From an investor perspective, RXO is best viewed as a logistics platform with an asset-light balance-sheet profile, exposed to freight market conditions but supported by recurring shipper relationships and a broad carrier ecosystem. The company’s recent communications have highlighted improving brokerage momentum, with first-quarter 2026 results showing sequential progress in full-truckload trends and a stronger sales pipeline. RXO also strengthened its financial flexibility in early 2026 through new debt transactions, including an asset-based revolving credit facility and senior notes activity. Overall, RXO combines scale, technology, and service expansion in the North American logistics market, making it a notable listed transportation intermediary on the NYSE in the United States.