First look: RXO optimistic about 2Q after a tough first quarter

Originally published at: First look: RXO optimistic about 2Q after a tough first quarter - FreightWaves

RXO had the type of rough quarter that might be expected given rising spot freight rates against lower contract numbers, but it foresees a significantly better second quarter. In its earnings released Thursday morning prior to an 8 a.m. EDT conference call, the company said it expected a second-quarter adjusted EBITDA of $27 million to…