RXO Expects May Truckload Gross Profit Per Load to Exceed Typical Seasonality

MT Newswires Live

05/19

RXO (RXO) now expects May truckload gross profit per load to exceed typical seasonality and remain at least flat compared with the company's April result, it said Tuesday.

On May 7, the company said it expected profitability per load to decline for the month.

In addition, RXO's April full-truckload volume outperformed relative to the market, though it declined about 2% year-over-year in April, the company said.

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