Key facts
- Founded 2022 · headquartered in Charlotte, NC
- Publicly traded — NYSE: RXO
- 100,000+ carriers in network
- FMCSA broker authority: ACTIVE (MC-175953)
- #6 on the Transport Topics Top 100 (2024)
- Gross revenue: $4.55B per Transport Topics 2024
About RXO (incl. Coyote Logistics)
RXO is a publicly traded tech-enabled freight broker spun off from XPO Logistics in November 2022 and headquartered in Charlotte, NC. The company significantly expanded its market position in September 2024 when it acquired Coyote Logistics from UPS — adding Coyote's 100,000-carrier network and shipper relationships to RXO's existing freight brokerage, managed transportation, and last-mile capabilities. RXO now ranks among the top six freight brokers in North America by gross revenue.
The company operates RXO Connect, a digital freight platform enabling shippers to quote, book, and track shipments with real-time carrier visibility. RXO's service breadth goes beyond standard brokerage: it is one of the largest providers of outsourced last-mile delivery for heavy goods (appliances, furniture, fitness equipment), and its managed transportation division offers control tower solutions for shippers managing complex multi-mode supply chains.
For shippers, RXO offers an uncommon combination of traditional brokerage scale, technology investment, and specialized capabilities — particularly in flatbed, heavy haul, expedited, and last-mile delivery. Enterprise shippers with diverse freight needs across modes will find the most value; small-volume shippers may find the platform oriented toward accounts with higher complexity and annual volume.
Listing assembled from public records (FMCSA Li-Public, Transport Topics, company website). Are you RXO (incl. Coyote Logistics)? Claim this profile →
Load Types Transport Topics Top 100
FMCSA & Licensing FMCSA Li-Public
Coverage
All 48 contiguous states · Mexico · Canada · International freight forwarding
Strongest Lanes
Pros & Cons
- Broad mode coverage: dry van, reefer, flatbed, LTL, intermodal, air, ocean, and last-mile under one relationship
- Coyote Logistics acquisition (2024) added 100,000 carriers and deep brokerage infrastructure
- RXO Connect platform offers real-time visibility and automated tendering for complex lanes
- North America's largest provider of outsourced last-mile for heavy goods
- Strong managed transportation and control tower capabilities for enterprise shippers
- As a 2022 spinoff with a major acquisition, operational integration is still maturing
- Rates reflect full-service broker overhead — not the most competitive on transactional spot loads
- Last-mile delivery reviews cite scheduling and communication issues from delivery crews
- Small shippers may not receive priority attention relative to enterprise accounts
- Cross-border Mexico and Canada coverage is available but not a stated core specialty
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FAQ
Is RXO licensed and bonded?
Per FMCSA public records, RXO holds active broker authority (MC-175953 / USDOT 425389) with a $75,000 BMC-84 surety bond on file. Always confirm current status at li-public.fmcsa.dot.gov before tendering a load.
What types of freight does RXO move?
Per Transport Topics' Top 100 report, RXO primarily brokers dry van TL and flatbed/heavy haul. Reefer, LTL, intermodal, expedited, air, and ocean freight forwarding are also active. RXO is especially strong in last-mile heavy goods and managed transportation for enterprise shippers.
How do RXO's rates compare to other brokers?
RXO is a full-service broker at a 18.4% net margin (per Transport Topics 2024) — in line with large traditional brokers. Its Coyote acquisition expanded carrier competition internally, but full-service shippers pay for account management and platform capabilities. Use ShipperGuide to benchmark RXO rates against 50+ brokers instantly, for free.