In a tough freight market that showed few signs of rebounding in the second quarter, the earnings announcement and analyst call of 3PL RXO tried to focus on the things that were positive.
The earnings call reflected a sentiment that has been heard on numerous discussions this quarter: There are signs of the freight market improving but not a clear inflection point.
Given that, CEO Drew Wilkerson opened the call with analysts by citing benchmarks where RXO (NYSE: RXO) earlier had provided guidance...
https://www.freightwaves.com/news/rxo-points-to-bright-spots-even-as-soft-freight-market-persists