STOCK TITAN

RXO Wins 2023 World Future Award for Best Truck Transportation Solution

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
RXO (NYSE: RXO) has been named the 2023 Best Truck Transportation Solution by the World Future Awards for its mobile application, RXO Drive™. The app helps truck drivers find freight loads and manage their business efficiently. RXO's technology uses AI and machine learning to help carriers bid on freight in real time.
Positive
  • RXO (NYSE: RXO) named 2023 Best Truck Transportation Solution by the World Future Awards for its mobile app, RXO Drive™. The app offers carriers access to a vast network of more than 10,000 shippers, helping drivers find available loads quickly. RXO's technology uses AI and machine learning to help carriers bid on freight in real time.
Negative
  • None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named 2023 Best Truck Transportation Solution by the World Future Awards.

RXO received the award for its proprietary mobile application, RXO Drive™, which helps truck drivers find freight loads and manage their business from the palms of their hands. The app offers carriers access to freight from a vast network of more than 10,000 shippers, allowing drivers to quickly find available loads based on location, pricing, schedule, equipment and backhaul routes. RXO’s cutting-edge technology uses artificial intelligence and machine learning, powered by more than 10 years of data, to help carriers bid on freight in real time.

“It’s an honor to be recognized as the top transportation solution by the World Future Awards,” said Yoav Amiel, chief information officer at RXO. “We are continually working to find opportunities to leverage our cutting-edge technology for our vast network of shippers and carriers. RXO Drive – and our overall platform RXO Connect™ - works to enable small trucking businesses to be more profitable and help connect shippers to streamline transportation efficiently.”

The World Future Awards recognizes the best products, software and services that will transform the global economy in categories such technology, healthcare, transportation and more.

For more information on RXO, please visit http://rxo.com.

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.

Media

Erin Kelly

+1 919-815-2940

erin.kelly@rxo.com

Source: RXO

FAQ

What is RXO Drive™?

RXO Drive™ is a mobile application that helps truck drivers find freight loads and manage their business efficiently.

What is the World Future Awards?

The World Future Awards recognizes the best products, software, and services that will transform the global economy in various categories, including technology and transportation.

How does RXO's technology work?

RXO's technology uses artificial intelligence and machine learning to help carriers bid on freight in real time, based on more than 10 years of data.

RXO, Inc.

NYSE:RXO

RXO Rankings

RXO Latest News

RXO Stock Data

4.12B
157.82M
0.98%
113.37%
3.22%
Trucking
Transportation Services
Link
United States of America
CHARLOTTE