Coyote
human settlement in United States of America
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business 2025-05-07 10:29
RXO suffers $31 million loss in Q1 2025 despite growth in brokerage volume - RXO reported a GAAP net loss of $31 million for the first quarter of 2025, up from a $15 million loss in the same quarter of 2024.
- The company witnessed a year-over-year growth of 26% in less-than-truckload brokerage volume and a 24% increase in Last Mile stop growth.
- Despite some positive growth indicators, RXO is focused on addressing challenges from the integration of Coyote Logistics and overall market pressures.
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