RXO CEO: Freight Recession Persists, but See Positive Trends

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RXO 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

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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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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Original article published by Bloomberg on February 24, 2026.
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