RXO, a leading freight broker, reported second quarter results showing a 25% increase in revenue and adjusted EPS exceeding analyst estimates by 6 cents. CEO Drew Wilkerson highlighted that the company is in the early stages of a freight recovery, driven by a significant rise in spot rates that currently outperform contract rates. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
RXO, a leading freight broker, reported second quarter results showing a 25% increase in revenue and adjusted EPS exceeding analyst estimates by 6 cents. CEO Drew Wilkerson highlighted that the company is in the early stages of a freight recovery, driven by a significant rise in spot rates that currently outperform contract rates. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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