RXO(RXO) - 2024 Q2 - Quarterly Results

Exhibit 99.1 RXO RXO Reports Second-Quarter Results Including Brokerage Volume Growth, Increased Last Mile Stops and New Managed Transportation Awards • Companywide gross margin of 19.0%; Brokerage gross margin of 14.7% • Brokerage volume increased by 4%; less-than-truckload volume grew 40% and full truckload volume declined by 2% year-over-year • Last Mile stops grew 7% year-over-year, the fastest rate in nearly two years • Managed Transportation was awarded more than $200 million in freight under manageme ...