Ken Hoexter

David Zazula

Jordan Alliger

Ravi Shanker

Scott Group

Scott Schneeberger

Christian Wetherbee

Daniel Imbro

Jason Seidl

Ariel Rosa

Ari Rosa

Brandon Oglenski

Brian Ossenbeck

Bruce Chan

Chris Wetherbee

David Hicks

J. Bruce Chan

Jeffrey Kauffman

Joe Hoffman

Joseph Lawrence Hafling

Lucas de Servera

Stephanie Benjamin Moore

Stephanie Moore

Thomas Wadewitz

Tom Wadewitz

- RXO is currently operating in a **soft freight market**, with varied regional conditions and an expectation of a potentially **muted peak season** in Q4.  **[1929561_2137391_0]** **[1929561_2137391_4]** 
- The company's Less-Than-Truckload (LTL) volume has significantly increased from **10% to 32%** of overall volume since the spin-off, with a strategic goal to reach **50% or higher**, providing **stability in gross profit per load and EBITDA**.  **[1929561_2137391_2]** 
- The integration of the Coyote acquisition has been largely successful regarding **people, customer retention, and technology integration**, with all carriers booking from one platform within **eight months** and customer migration largely complete by early Q4.  **[1929561_2137391_5]** **[1929561_2137391_6]**  However, the **profitability of the acquired business has not met initial expectations** due to worse-than-anticipated weather events and higher volume loss from price adjustments.  **[1929561_2137391_5]** 
- RXO has increased its Coyote synergy estimate to **more than $70 million** in cash synergies ($60 million from operating expenses and $10 million from CapEx), with **$50 million** of operating expense synergies already realized in Q2 results and an additional **$10 million** anticipated in the second half of 2025.  **[1929561_2137391_7]** 
- The automotive segment, where RXO is a leader in ground expedite, has been a significant financial headwind, contributing a **$10+ million EBITDA headwind** in Q2 and a **40% decline in Managed Transportation automotive volume**.  **[1929561_2137391_11]** **[1929561_2137391_12]**

RXO discusses soft freight market, LTL growth, and Coyote integration at Laguna Conference

RXO (RXO)