RXO Says August Truckload Gross Profit Per Load Rose More Than 10% From July, Better Than Prior Outlook; Continues To Expect Q3 Truckload Volume Up Low-To-Mid Single Digit Percentage Year-Over-Year
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Why It Matters
RXO made more money on each truck delivery in August than in July, which is better than they thought before. This shows their business is doing okay, though they still expect their total work to grow slowly compared to last year.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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