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RXO’s Truck Driver App Surpasses One Million Downloads
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
RXO Drive™, part of the RXO Connect™ platform, has surpassed one million downloads, marking significant growth since its launch.
This free mobile app helps truck drivers find loads, negotiate rates, and manage trips, aiding small fleet carriers across North America. By the end of 2022, 87% of RXO’s loads were digitally handled, reflecting a 45% increase in downloads year-over-year. RXO, a leader in asset-light transportation solutions, utilizes advanced technologies like machine learning and AI to optimize freight operations, making the app an essential tool for profitability in the trucking industry.
Positive
RXO Drive™ app surpassed 1 million downloads, indicating strong user demand.
87% of RXO’s loads were digitally created or covered by end of 2022.
45% year-over-year increase in app downloads showcases rapid growth.
Negative
None.
RXO Drive™, Part of the RXO Connect™ Platform, connects truck drivers to thousands of real-time freight opportunities
CHARLOTTE, N.C.--(BUSINESS WIRE)--
RXO (NYSE: RXO) today announced that RXO Drive™, the company’s proprietary mobile app for truck drivers and fleet owners, surpassed one million downloads. RXO Drive is a free mobile application that helps drivers find loads, negotiate rates, plan trips and book freight. It helps owner-operators and small fleet carriers across North America streamline their trucking businesses.
This milestone represents rapid growth for the app, with downloads reaching 10,000 in the first quarter of 2019 and 100,000 in the fourth quarter of 2019.
“Achieving one million downloads is an important milestone in RXO’s technology journey. RXO Drive is a fast-growing freight-tech app, and this achievement highlights the differentiated nature of RXO’s cutting-edge technology and the value we bring to our carriers,” said Yoav Amiel, chief information officer at RXO. “By the end of 2022, 87 percent of RXO’s loads were created or covered digitally, and the number of downloads of the RXO Drive app increased by 45 percent year-over-year. Technology will continue to serve as a catalyst for RXO’s continued outperformance.”
RXO Drive incorporates machine learning and artificial intelligence to provide carriers with easy load discovery and online booking, leveraging proprietary recommendation and pricing engines. It also helps drivers manage capacity, optimize the usage of their trucks and minimize empty miles. Carriers and drivers can also negotiate rates, place bids and receive counteroffers through the app. RXO Drive also provides mobile document uploads and payment tracking, enabling drivers to spend less time on paperwork.
RXO Drive is just one offering within the RXO Connect suite of tools that enables small trucking businesses to be more profitable. Carriers and drivers also have the opportunity to join RXO Extra™ through the RXO Drive app. RXO Extra offers drivers a rewards program and discounts on fuel, truck maintenance, tires and more.
About RXO
RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains. RXO’s proprietary technology connects approximately 10,000 customers with over 100,000 independent carriers across North America. The company is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.
What is RXO Drive and why is its download count significant?
RXO Drive is a mobile app for truck drivers that connects them to freight opportunities and has surpassed one million downloads, indicating significant market demand and user engagement.
How has RXO's digital load management evolved by 2022?
By the end of 2022, 87% of RXO’s loads were created or covered digitally, reflecting a strong shift towards technology in their operations.
What technology does RXO Drive utilize to assist truck drivers?
RXO Drive incorporates machine learning and AI for easy load discovery and online booking, optimizing trucking operations for drivers.
How much has RXO Drive's download rate increased year-over-year?
The downloads of RXO Drive increased by 45% year-over-year, demonstrating its rapid adoption in the trucking industry.
