Nov. 01, 2022 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) today announced that it has completed the previously announced spin-off of RXO, Inc., creating two independent, publicly traded companies.

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current ...

RXO will go to market with the tagline “Massive capacity. Cutting-edge technology.” XPO unveiled the new company’s identity on a landing page, RXO.com, where visitors can register to receive ...

The spinoff, named RXO, will be the name of its brokerage business. XPO had announced its intention to separate its LTL business from its brokerage platform in March. XPO Logistics, a provider of ...

XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10. RXO Inc. will be an independent publicly ...

Last month, shipping giant XPO Logistics Inc. divested Charlotte, N.C.-based RXO as part of a larger effort begun in 2020 to break itself into smaller pieces. RXO, which before the transaction ...

Its newest C-suite executive begins in XPO’s North American transportation division before becoming the CAO of RXO. Jason Kerr will become chief accounting officer of RXO, the planned spinoff of ...

Longtime financial executive Jamie Harris will join XPO Logistics Inc.’s soon-to-be spun off brokered transportation platform, RXO, on Sept. 26 as chief financial officer. RXO said Harris has ...

RXO, a new publicly traded company based in Charlotte, is expanding its Ohio presence with a new location, where it will invest $2 million and create 75 jobs. Charlotte's newest public company ...

XPO also revealed more details regarding its RXO brokerage spin-off, which is set to unlock "hidden" shareholder value. I believe that XPO stock is extremely undervalued and trading well below its ...

RXO is the former tech-enabled brokered transportation platform of XPO (NYSE: XPO) and is the fourth largest full truckload broker in the United States. RXO’s leadership team and board members ...