RXO Launches Prepay Fuel Option for Carriers
RXO, Inc. (RXO)
Company Research
Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a prepay capability through the RXO Fuel Card. The new prepay solution enables drivers to plan their fuel spend and more effectively maintain their budgets.Carriers can preload funds to the RXO Fuel Card using their personal credit or debit card. Additionally, the new pay-as-you-go option has a quick approval process, no setup fee and allows drivers to take advantage of RXO’s Fuel Card discounts. Carriers can easily access the prepay interface via RXO Connect™, RXO’s proprietary platform for shippers and carriers.“RXO is committed to providing our carrier network with solutions that make their business more efficient and profitable,” said Lou Amo, president of RXO’s truck brokerage business. “The prepay capabilities give carriers added flexibility to save even more on a significant cost component of their business.”Other benefits of RXO’s Fuel Card include fuel d
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News
- RXO, Inc. (NYSE: RXO) had its "neutral" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $29.00 price target on the stock.MarketBeat
- RXO, Inc. (NYSE: RXO) had its price target lowered by analysts at Susquehanna from $16.00 to $12.00. They now have a "negative" rating on the stock.MarketBeat
- RXO, Inc. (NYSE: RXO) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $33.00 price target on the stock.MarketBeat
- RXO, Inc. (NYSE: RXO) had its "equal weight" rating re-affirmed by analysts at Wells Fargo & Company. They now have a $31.00 price target on the stock.MarketBeat
- RXO (RXO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
RXO
Earnings
- 11/7/24 - Beat
RXO
Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 4
- 11/12/24 - Form SC
- RXO's page on the SEC website