RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced a strategic partnership with Highway, the leading technology provider specializing in Carrier Identity® solutions.
“This collaboration,” according to this morning’s news release, “is designed to strengthen RXO’s network integrity, enhance operational efficiency, and provide a more secure experience for both carriers and customers.”
As cargo theft and freight fraud increasingly pose significant threats to the U.S. supply chain, RXO continues to take proactive steps to protect its network. By integrating Highway’s advanced fraud prevention capabilities, RXO can verify carrier information with even greater speed and accuracy, reducing fraud risk and streamlining the approval process.
"Our partnership with Highway enhances our industry-leading efforts to create a more secure and transparent supply chain," said Lou Amo, president of RXO’s truck brokerage business. "This platform not only helps us mitigate risk but also simplifies the experience for our carrier partners by reducing delays and back-and-forth communication once they are onboarded.”
As part of this initiative, RXO is introducing Highway’s Load Lock+ ELD Tracking feature. This tool is designed to enhance in-transit visibility and strengthen load security by providing real-time data.
“Freight fraud requires a united front, and we are honored to partner with an industry leader like RXO to address these challenges,” said Michael Caney, chief commercial officer at Highway.
RXO shares climbed 84 cents, or 3.2%, to $27.09.
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