Trucking brokerage firm RXO announced today Q2 23 numbers that put a lot pressure on its stock, down -10% to $19.7 before midday (EST).
(The full release is here.)
RXO CEO Drew Wilkerson said in his prepared remarks that the company “executed well in a soft freight market”.
“In our brokerage business, we continued to gain significant market share and recorded 10 percent volume growth year-over-year. We set several brokerage volume records in …
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