What is RXO?
Asset-light freight brokerage and managed transportation company with $5.74B 2025 revenue, headquartered in Charlotte, NC.
- Category
- Asset-light freight brokerage and managed transportation
- Headquarters
- Charlotte, NC
- Founded
- 2022
- Employees
- Approximately 7,400
- Total funding
- Public company; no VC funding
- Status
- NYSE: RXO
What is RXO?
RXO is a public asset-light freight brokerage and managed transportation company with $5.74B 2025 revenue. It operates from Charlotte, NC at mid-market to enterprise scale, serving shippers, retailers, manufacturers, 3PLs, carriers, owner-operators, and managed-transportation accounts.
RXO is a mature public company in asset-light freight brokerage and managed transportation, not a venture-backed startup. Its latest public reporting shows $5.74B 2025 revenue, Approximately 7,400, and a business footprint described as large asset-light broker with truck brokerage, managed transportation, last mile, and acquired Coyote Logistics capacity.
The company sells and operates across Truck brokerage, Managed transportation, Last mile, Expedite, Freight forwarding, RXO Connect, with customers that include shippers, retailers, manufacturers, 3PLs, carriers, owner-operators, and managed-transportation accounts. Its market position is shaped by installed base, service quality, channel depth, pricing discipline, operational reliability, and the ability to coordinate frontline operations with enterprise systems.
For B2B sellers, RXO should be treated as a multi-threaded public-company account. Strong pitches attach to measurable outcomes such as uptime, labor productivity, safety, energy efficiency, customer experience, route or plant efficiency, procurement savings, compliance, data quality, or lower cost to serve.
Sources:RXO 2025 Form 10-KRXO leadership
What does RXO offer?
RXO offers Truck brokerage, Managed transportation, Last mile, Expedite, Freight forwarding, RXO Connect and related services, parts, software, channel programs, or support.
- Truck brokerage· Offering
- Managed transportation· Offering
- Last mile· Offering
- Expedite· Offering
- Freight forwarding· Offering
- RXO Connect· Offering
- Carrier marketplace· Offering
- Coyote Logistics network· Offering
How does RXO make money?
RXO makes money by brokering truckload and other transportation capacity, earning spread between shipper revenue and purchased transportation costs plus managed-transportation fees.
RXO makes money by brokering truckload and other transportation capacity, earning spread between shipper revenue and purchased transportation costs plus managed-transportation fees. The model is public-company operating revenue rather than SaaS ARR or venture-backed usage revenue.
Brokerage pricing is lane-, capacity-, contract-, spot-, and service-level dependent; managed transportation is negotiated by scope, freight under management, technology, and service commitments. Growth is driven by volume, price, mix, replacement demand, project timing, capacity utilization, acquisition integration, channel execution, and disciplined cost management.
Budget owners tend to fund technology and services when the case maps to a P&L owner and a measurable operating KPI. Vendor positioning should connect to revenue capture, asset utilization, supply-chain resilience, safety, compliance, energy use, inventory productivity, customer retention, or faster decision-making.
Sources:RXO 2025 Form 10-KRXO leadership
Who leads RXO?
RXO is led by Drew Wilkerson, Chairman and Chief Executive Officer, with finance, operations, commercial, legal, and technology leaders shaping enterprise buying decisions.
- Drew WilkersonChairman and Chief Executive OfficerCEO since RXO spin-off in 2022Leads asset-light brokerage growth and Coyote integration.
- Jamie HarrisChief Financial OfficerCFO since 2022Owns finance, reporting, debt, and investor relations.
- Lou AmoPresident, Truck BrokerageSenior brokerage leaderOwns the core brokerage marketplace and shipper-carrier execution.
- Jeff FirestoneChief Legal OfficerExecutive leaderLeads legal, compliance, and governance as RXO scales.
How do you contact RXO's leadership?
RXO publishes investor-relations, media, sales, or corporate contact routes, but a verified public personal-executive email format is not consistently available. Use the official route below and do not treat inferred personal addresses as verified.
No verified public personal-executive email format; use investors@rxo.comHow much funding has RXO raised?
RXO is a mature public company (NYSE: RXO), so its capital profile is public equity, debt, operating cash flow, acquisitions, dividends, and buybacks rather than disclosed venture rounds.
RXO has no current VC-style funding history to enumerate. The relevant capital milestones are: 2022 XPO spin-off (RXO becomes an independent public company.); 2024 Coyote acquisition announced (RXO agrees to acquire Coyote Logistics from UPS.); 2024 Coyote closes (The acquisition expands brokerage scale and customer coverage.); 2025 $5.74B revenue (Full-year revenue reflects a larger brokerage platform.); 2026 Integration phase (RXO focuses on pipeline conversion, margin, and refinancing after Coyote.); 2026 Public status (The company remains NYSE-listed and asset-light.).
As of June 2026, the most useful capital signal is $5.74B 2025 revenue, NYSE: RXO, and the company's ability to fund operations, fleet or plant investment, acquisitions, technology, and shareholder returns from public-company resources. The page should not imply a private valuation because the company is publicly traded.
Seller signal: budget exists where a proposal maps to strategic priorities and measurable financial outcomes. Winning opportunities usually need security review, procurement proof, integration clarity, and a business case tied to operating performance rather than generic transformation language.
How did RXO get here?
RXO's history combines founding, public-company milestones, acquisitions or separations, and recent operating-cycle execution.
- 2022Spin-off completedRXO separates from XPO.
- 2023Public brokerage build-outRXO invests in marketplace technology and shipper coverage.
- 2024Coyote dealRXO acquires a large UPS-owned brokerage platform.
- 2025Revenue scale-upRXO reports $5.74B revenue.
- 2026Q1 momentumManagement points to brokerage pipeline conversion and spot-mix improvement.
- 2026RefinancingRXO works through post-acquisition capital structure.
Sources:RXO 2025 Form 10-KRXO leadership
Who are RXO's competitors?
RXO competes with public and private operators that overlap its customer base, channel partners, product lines, or transportation and industrial workflows.
- C.H. RobinsonLarge freight brokerage and managed-transportation marketplace.
- J.B. HuntIntermodal, dedicated, truckload, and digital brokerage platform.
- Uber FreightDigital freight marketplace and transportation-management platform.
- TQLLarge private truck brokerage with aggressive sales coverage.
- Echo Global LogisticsTechnology-enabled truckload and LTL brokerage provider.
RXO — frequently asked questions
