RXO
Market read
RXO accounts for 48.6% of the group's measured movement across 3.3 effective names. raw member direction is mixed; 5 of 6 session-normalized paths align to the upside. Capital-flow agreement is 7%, so confirmation is not yet clean. No verified headline preceded the measured group move.
RXO was the first measured mover. RXO crossed its material path threshold at 09:50 ET. CHRW, PRMB, EXPD followed.
5 of 6 members in Freight & Logistics are active. 0 of 3 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 2 of 6 members or fewer.
Research brief
RXO accounts for 48.6% of the group's measured movement across 3.3 effective names. raw member direction is mixed; 5 of 6 session-normalized paths align to the upside. Capital-flow agreement is 7%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“The primary source of cash in the first six months of 2025 was $34 million in net proceeds from borrowings on revolving credit facilities, partially offset by $18 million in payments for tax withholdings primarily attributable to the vesting of stock compensa…”10-Q · Aug 6, 2026 ↗
“The year-over-year increase in the first six months of 2026 was driven by a $354 million increase in truck brokerage revenue, primarily as a result of a 27% increase in revenue per load driven by increases in freight rates and fuel prices.”10-Q · Aug 6, 2026 ↗
“Goodwill impairment in 2025 was $12 million and was driven by the impairment of our ground and air express reporting unit resulting from our annual goodwill assessment.”10-K · Feb 9, 2026 ↗
“The year-over-year increase in the first six months of 2026 was driven by a $354 million increase in truck brokerage revenue, primarily as a result of a 27% increase in revenue per load driven by increases in freight rates and fuel prices.”10-Q · Aug 6, 2026 ↗
Valuation discipline
Price/sales 0.7× · EV/sales 0.7×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for RXO. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-05-07 against the comparable filing from 2025-05-07.
“Financial Condition Our asset and liability balances are summarized as follows: (In millions) March 31, 2026 December 31, 2025 $ Change % Change Total current assets $ 1,335 $ 1,317 $ 18 1.4 % Total long-term assets 1,933 1,960 (27) (1.4) % Total current liabilities 1,048 1,038 10 1.0 % Total long-term liabilities 711 698 13 1.9 % Total assets decreased by $9 million from December 31, 2025 to March 31, 2026, primarily due to (i) a $10 million decrease in accounts receivable as a result of a sequential decrease in revenue, (ii) an $11 million decrease in identifiable intangible assets as a result of amortization and (iii) a $16 million decrease in operating lease assets as a result of amorti...”
“Total liabilities increased by $23 million from December 31, 2025 to March 31, 2026, primarily due to a $43 million increase in long-term debt as a result of debt refinancing transactions completed in the first quarter of 2026, partially offset by a $14 million decrease in short-term and long-term operating lease liabilities as a result of lease payments.”
“The decrease was primarily due to a $5 million decrease in intangible amortization expense.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“The Coyote Acquisition On September 16, 2024 (the “acquisition date”), the Company acquired the technology-driven, asset-light based truckload freight brokerage services business, as well as certain assets used to conduct haulage, dedicated transport and ware…”
“Hunt, Landstar System, Total Quality Logistics, and Uber Freight.”
“Hunt, Landstar System, Total Quality Logistics, and Uber Freight.”
Filing peers
Companies whose filings use similar operating language.
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What is moving around it
RXO is currently a Early Follower in the organic co-movement group Freight & Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.