RXO

San Francisco, United States Founded: 1998 • Age: 28 yrs
Cloud based platform providing freight forwarding solutions
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About RXO

RXO is a company based in San Francisco (United States) founded in 1998.. The company has 9,870 employees as of December 31, 2024. RXO has completed 1 acquisition, including RXO. RXO offers products and services including Truckload Service, Less-Than-Truckload Service, Managed Transportation, and Last Mile Service. RXO operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, among others.

  • Headquarter San Francisco, United States
  • Employees 9870 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rxo, Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
    $4.55 B
    15.86
    as on Dec 31, 2024
  • Net Profit
    $-290 M
    -7350
    as on Dec 31, 2024
  • EBITDA
    $117 M
    -12.69
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    9870

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of RXO

RXO is a publicly listed company on the NYSE with ticker symbol RXO in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: RXO . Sector: Technology services · USA

Products & Services of RXO

RXO offers a comprehensive portfolio of products and services, including Truckload Service, Less-Than-Truckload Service, Managed Transportation, and Last Mile Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Handles full truckload shipments for efficient goods movement.

Manages partial loads with regional and national carriers.

Outsourced solutions for cost-efficient freight execution.

Provides final delivery for heavy goods to customers.

People of RXO
Headcount 5000-10000
Employee Profiles 344
Employee Profiles
People
Jim Marose
Senior Director, Operations, Freight Brokerage
People
Roy Oracion
Senior Engineer
People
Elizabeth Hill
Lead Recruiter
People
Derrick Dickey
Senior Manager- Client Solutions

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Funding Insights of RXO

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by RXO

RXO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RXO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Third-party logistics services are provided for truckload and intermodal brokerage.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - RXO

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rxo Comparisons

Employees
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Competitors of RXO

RXO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based logistics software suite is provided for supply chain management.
domain founded_year HQ Location
Cloud-based supply chain and logistics software is offered to businesses.
domain founded_year HQ Location
AI-driven freight forwarding and management are automated for logistics.
domain founded_year HQ Location
Freight forwarding software is offered for enterprise shipment management.
domain founded_year HQ Location
AI-powered multimodal logistics platform for end-to-end supply chain digitization
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rxo

Frequently Asked Questions about RXO

When was RXO founded?

RXO was founded in 1998.

Where is RXO located?

RXO is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of RXO?

Drew Wilkerson is the current CEO of RXO.

How many employees does RXO have?

As of Dec 31, 2024, the latest employee count at RXO is 9,870.

What is the annual revenue of RXO?

Annual revenue of RXO is $4.55B as on Dec 31, 2024.

What does RXO do?

RXO was founded in 1998 and is headquartered in San Francisco, United States. Operations are centered in the logistics sector, where a cloud-based platform supports freight forwarding. The smartphone application, accessible on Google Play and the App Store, allows drivers, owner-operators, and small fleet carriers to locate loads, negotiate prices, schedule routes, and book shipments. Business management is streamlined for these users. Leadership is provided by CEO Drew Wilkerson.

Who are the top competitors of RXO?

RXO's top competitors include WiseTech Global, GoComet and Magaya Corporation.

What products or services does RXO offer?

RXO offers Truckload Service, Less-Than-Truckload Service, Managed Transportation, and Last Mile Service.

Is RXO publicly traded?

Yes, RXO is publicly traded on NYSE under the ticker symbol RXO.

How many acquisitions has RXO made?

RXO has made 1 acquisition, including RXO.

What is RXO's ticker symbol?

The ticker symbol of RXO is RXO on NYSE.

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