RXO Delivers Strong Third-Quarter Results with Profitable Growth and Continued Market Share Gains
Business Wire•29/10/2026•06:30 ET
0
Key Highlights
- ➤Revenue $1.9 billion, up from $1.4 billion year over year
- ➤Adjusted EPS $0.09; adjusted EBITDA $51 million, up from $32 million
- ➤Truckload volume grew 3% year over year; brokerage volume increased 2%
- ➤Truckload spot mix reached 51%, up from 29% year over year
- ➤C.H. Robinson agreed to acquire RXO for an implied $5.8 billion
Expert Statements
Drew Wilkerson, Chairman and CEO of RXO
“We exceeded the high end of our third-quarter profit outlook, demonstrating the momentum we’re building across RXO. We continued to take market share in Brokerage, and achieved a 3 percent increase in truckload volume, outperforming the market. We achieved a 900 basis-point sequential increase in truckload spot mix, which helped drive the best sequential improvement in gross profit per load in more than four years. Complementary Services also contributed to our strong results, with Last Mile stops up 5 percent. Additionally, Managed Transportation was awarded approximately $140 million in freight under management.”
Drew Wilkerson, Chairman and CEO of RXO
“As we move toward the pending acquisition by C.H. Robinson, our priorities remain unchanged. We’re staying close to our customers, listening to their needs and helping them navigate an evolving freight market. Our team remains focused on delivering the best service, solutions, innovation and relationships in the industry, and we have strong momentum heading into the fourth quarter.”
RXO Delivers Strong Third-Quarter Results with Profitable Growth and Continued Market Share Gains
* Profit exceeded outlook, primarily driven by continued Brokerage outperformance.
Get started
Create a free account to read the full story.