With spin-off from XPO Logistics complete, RXO hits the ground running
November 1, 2022
The debut of RXO was made official today, with the spin-off of XPO Logistics truck brokerage and asset-light transportation units now officially complete. RXO began trading today on the New York Stock Exchange, and it is the fourth-largest full truckload broker in the United States. The company has roughly 7,400 employees, with its technology-enabled truck brokerage business connecting shippers across various verticals to around 100,000 independent carriers and more than 1.5 million trucks. RXO’s corporate headquarters are in Charlotte, N.C.