RXO, Inc. (NYSE:RXO) Morgan Stanley’s thirteenth Annual Laguna Convention September 10, 2025 1:45 PM EDT
Firm Individuals
Drew Wilkerson – Chairman & CEO
Jared Weisfeld – Chief Technique Officer
Convention Name Individuals
Presentation
Unknown Analyst
Nice. So let’s resume with transportation content material. And subsequent up, we now have RXO and really glad to welcome again Laguna. CEO, Drew Wilkerson; and Chief Technique Officer; Jared Weisfeld. Gents, thanks a lot for coming again to Laguna.
Drew Wilkerson
Chairman & CEO
Thanks for having us. At all times nice to be right here.
Query-and-Reply Session
Unknown Analyst
Completely. So possibly you can begin out by simply operating by way of what you are seeing on the market. Clearly, lots of concentrate on the 2Q to 3Q transition, whether or not we noticed any pull ahead into 2Q the place there’s been a standard seasonality into 3Q or not, information is a little bit bit over the place. So form of what do you see out of your perspective?
Drew Wilkerson
Chairman & CEO
Sure. I imply, I feel it begins with — as everyone knows, we’re nonetheless in a tender freight market. And in order you take a look at Q3, across the holidays, there’s been pockets of tightness. That is not at all times an amazing factor at any time when there’s pockets of tightness and there is not spot hundreds to correlate on the opposite facet. However there’s additionally been occasions out there when there’s been unfastened and people are occasions that you simply’re capable of focus in on buy transportation.
And it actually has assorted for us of what we’re seeing round totally different components of the nation, particularly as you take a look at a month like July, as you are popping out of produce season. If you concentrate on the southern states, the West Coast states, of what is occurred within the produce facet, that’s one thing that’s — was impactful — extra impactful this 12 months than what we have seen
