Key Takeaways RXO shares soared in intraday trading Monday, a day after the package delivery firm agreed to buy UPS's freight brokerage unit, Coyote Logistics, for $1.025 billion. RXO said the acquisition would created the third-largest brokered transportation provider in North America, and be immediately accreditive to its adjusted EPS and adjusted free cash flow. UPS explained that the deal would help the company focus more on its core business. RXO (RXO) shares soared in intraday trading Monday, a day af ...

Exhibit 2.1 EXECUTION VERSION PURCHASE AGREEMENT BY AND BETWEEN UNITED PARCEL SERVICE OF AMERICA, INC., UPS CORPORATE FINANCE S.À R.L., UPS SCS (UK) LTD. AND RXO, INC. Dated as of June 21, 2024 TABLE OF CONTENTS | | | Page | | --- | --- | --- | | ARTICLE I DEFINITIONS | | 2 | | Section 1.1 | Definitions | 2 | | Section 1.2 | Other Definitions | 20 | | Section 1.3 | Construction | 22 | | ARTICLE II PURCHASE AND SALE | | 23 | | Section 2.1 | Purchase and Sale of Equity Interests | 23 | | Section 2.2 | Purchas ...

Monty Rakusen Summary Following my coverage on RXO, Inc. (NYSE:RXO) in Dec'23, which I reiterated a hold rating as I was worried about the pricing headwinds despite positive indicators for a volume recovery, this post is to provide an update on my thoughts on the business and stock. I am upgrading my recommendation from hold to buy as I see greater visibility to a recovery in the coming years, with expectations that RXO can accelerate growth to 20% in FY26 and EBITDA margins to hit 6%. Investment thesis On ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ Form 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-41514 _______________________ ...

Yes. So, January was tough. It got better in February. It got better again in March, and it was a little bit better in April. To put that in perspective, a low-to-mid single-digits year-over-year volume decline in the second quarter would still result in full truckload contract volume growth of approximately 40% on a three-year stack, which speaks to our significant multi-year market share gains. Carriers are exiting the market slowly, but we still expect the pace of exits to accelerate throughout the year ...

– LTL: up more than 30% 14 7 Diverse exposure across attractive end markets Adjusted diluted earnings (loss) per share 2 $ (0.03) $ 0.11 Financial reconciliations (cont.) RXO • Stock-based compensation: $24-$26M 3 16 1 See the "Non-GAAP financial measures" section. 2 Includes the cash component of these line items. 3 Adjusted EBITDA for all periods presented is reconciled above. 4 Free cash flow conversion from adjusted EBITDA is calculated as free cash flow divided by adjusted EBITDA. 5 Adjusted free cash ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ Form 10-K _______________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41514 RXO, INC. (Exa ...

RXO, Inc. (NYSE:RXO) Q4 2023 Earnings Conference Call February 8, 2024 8:00 AM ET Drew Wilkerson - CEO James Harris - CFO Jared Weisfeld - CSO Conference Call Participants Company Participants Ken Hoexter - Bank of America Jordan Alliger - Goldman Sachs Stephanie Moore - Jefferies Brandon Oglenski - Barclays Allison Poliniak - Wells Fargo Scott Schneeberger - Oppenheimer Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Bruce Chan - Stifel Jack Atkins - Stephens Drew Wilkerson Operator Welcome to R ...

$140 Adjusted EBITDA and margin %1Brokerage y/y volume growth Solid execution in a prolonged soft freight market RXO's brokerage business continues to outperform and gain profitable market share | --- | --- | --- | --- | --- | --- | |-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|----------------------------------------------------------------------------------------|-------|- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ Form 10-Q ___________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-41514 ___________________ ...