earnings
confidence high
sentiment positive
materiality 0.60
RXO reports August truckload gross profit per load up >10% vs July, beats outlook
RXO, Inc.
- Truckload gross profit per load rose >10% in August vs July, better than prior Q2 call outlook.
- Spot market ~50% of full-truckload volume through first two months of Q3 2026.
- Q3 truckload volume still expected up low-to-mid single digit % YoY despite soft freight demand.
- CEO Drew Wilkerson says company on pace for strong Q3; results not final, subject to closing procedures.