Here are some highlights from RXO’s third-quarter earnings report:
- The earnings are the first at RXO (NYSE: RXO) to reflect numbers from Coyote Logistics. However, that deal closed Sept. 16, so it is a relatively minor part of the numbers.
- RXO’s operations lost money in the quarter. The operating loss was $20 million compared to operating income a year earlier of $6 million. RXO had transaction, integration, restructuring and other costs that impacted GAAP earnings by $1.86 per share. It...
https://www.freightwaves.com/news/rxo-q3-earnings-first-look