RXO Inc. (NYSE:RXO) Shares Rise on Improved Prospects and Higher Truckload Rates
Shares of RXO Inc. surged 30.4% week-on-week following improved business prospects driven by rising truckload spot rates and better gross profits in May. The company reported a year-on-year increase of 16.5% in first-quarter spot rates, the highest since Q3 2021.
Tickers: $RXO