Following the Q1 24 interims of CH Robinson (CHRW), we had another hint at how business matters really look in freight brokerage stateside via $2.3bn-market-cap* RXO which yesterday, 2 May, reported its trading update.
As with CHRW, worst case avoided.
(*RXO stock ending the trading session second best, +5.9%, in our demo portfolio – indeed, only behind +12.3% CH Robinson – despite, a mixed Q1 24 performance, admittedly… in a very challenging …
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