RXO Announces First-Quarter Results and Second-Quarter Outlook

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today reported its first-quarter financial results and second-quarter outlook. RXO Chairman and CEO Drew Wilkerson said, “We have significant momentum in our business. We're converting our strong Brokerage sales pipeline and, while our Brokerage volume declined by 8% year-over-year in the first quarter, our full truckload volume improved every month as the quarter progressed. In addition, our truckload spot mix increased by 500 basis points sequ.