RXO

RXO specializes in asset-light transportation solutions that optimize logistics through advanced data analytics and real-time tracking systems. By minimizing overhead costs and improving delivery efficiency, RXO addresses the challenges of high transportation expenses and supply chain disruptions.

Traction 10/10

Charlotte, United States · HQ

Founded 20224.4K

Artificial Intelligence
Enterprise Software
Logistics & Supply Chain
Software Only

Updated 5 months ago

Funding

Funding rounds are not available yet.

Founders

1 founder

Yoav Amiel

CIO

Product

Problem

Shippers and carriers face challenges in optimizing freight transportation due to fluctuating market conditions, complex logistics, and the need for real-time visibility. Inefficient processes and lack of adaptable solutions can lead to increased costs and supply chain disruptions.

Solution

RXO provides asset-light transportation solutions that leverage advanced data analytics and a vast network of independent carriers to optimize freight movement. The RXO Connect™ platform offers real-time visibility into capacity, spot rates, and market conditions, enabling informed decision-making. By combining machine learning and AI with billions of data points, RXO streamlines tasks through automation and provides access to a digital marketplace for quoting, booking, and tracking shipments. RXO's solutions adapt to various shipping needs, including truckload, less-than-truckload (LTL), expedite, and freight forwarding, ensuring reliable and cost-efficient transportation.

Target Audience

RXO serves shippers and carriers across various industries who seek efficient, cost-effective, and technologically advanced transportation solutions.

Features

RXO Connect™ platform providing real-time visibility into capacity, spot rates, and market conditions
Access to a network of over 150,000 independent carriers and 1.8 million trucks across North America
Multi-modal solutions including Truckload, Less-Than-Truckload (LTL), Intermodal, Expedited, and Freight Forwarding
Integration with Shiplify for precise location attributes, enabling more accurate LTL quotes
Managed Transportation services for outsourcing supply chain strategies with high visibility and control
Digital tools for tracking, BOLs, invoices, and self-service analytics
Seamless TMS integration via EDI/API connectivity
24/7 shipping support from dedicated LTL experts
Access to a fuel card program for carriers, offering savings at over 9,000 locations