RXO reported that its truckload gross profit per load rose more than 10% in August compared with July, according to a statement released September 9, 2026. The improvement was driven by increased capture of spot market opportunities, higher contract rates, and economies of scale in purchasing transportation, the company said.
Spot opportunities accounted for roughly 50% of RXO's full‑truckload volume during the first two months of the third quarter, the carrier noted. Despite ongoing softness in overall freight demand, RXO maintained its outlook for third‑quarter truckload volume to grow by a low‑to‑mid single‑digit percentage year over year.
Chairman and CEO Drew Wilkerson said, “RXO is on pace for a strong third quarter,” adding that the performance reflects the strength of its brokerage platform, customer relationships and team execution in a dynamic freight market. The results were shared ahead of an investor conference where Wilkerson and Chief Strategy Officer Jared Weisfeld were scheduled to speak. RXO cautioned that the figures are preliminary and subject to quarter‑end closing procedures, with final numbers possibly differing materially.
