RXO CEO: Freight Recession Persists, but See Positive Trends
Market Intelligence Analysis
AI-PoweredRXO CEO Drew Wilkerson reports a potential upswing in the trucking market after a period of deflationary pressure, indicating a positive trend despite the ongoing freight recession.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Drew Wilkerson, CEO of RXO, discusses the company’s latest quarterly truckload forecast, highlighting an upswing in the trucking market following a period of deflationary pressure. He speaks with Romaine Bostick and Kristine Aquino on "The Close." (Source: Bloomberg)
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