Shares of RXO Inc. experienced a sharp decline, plunging 7.39% during the session. The trucking broker was among the worst performers as the broader transportation sector faced significant selling pressure.

The selloff was driven by mounting investor concerns over artificial intelligence disruption in the transportation and logistics industry. Fears were stoked by claims from Algorhythm Holdings, which stated its AI-powered SemiCab platform could enable customers to scale freight volumes by 300% to 400% without additional employees and reduce empty trucking miles by 70%.

The AI jitters triggered a broad rout across trucking and logistics stocks, with the Dow Jones Transportation Average slumping in its worst performance in months. Analysts noted that transport companies focused on planning and logistics appear particularly susceptible to perceived AI-driven efficiency gains.