RXO: Stay Patient And Wait For The Right Time To Invest

Summary

  • I believe RXO is poised for continued market share gains in the competitive for-hire truckload transportation industry due to its focus on technology and automation.
  • Signs of bottoming in the freight market, coupled with RXO’s consistent volume growth and established customer contracts, position the company well for future growth.
  • The timing to go long is when we see solid evidence that the industry has bottomed.

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