Daily News
From Home Furnishing Business
RXO Announces CEO Named Company CEO of the Year
June 15,
2023 by HFBusiness Staff in Business Strategy, Industry 
RXO, provider of asset-light transportation solutions, announced Drew Wilkerson, chief executive officer, was named Company CEO of the Year by SupplyTech Breakthrough, a leading independent market intelligence organization that recognizes standout technology companies in the supply chain and logistics industry.
“Drew’s leadership is instrumental in driving RXO’s innovation and success,” said Yoav Amiel, chief information officer at RXO. “His people-first mindset, agile approach and investment in technology has allowed us to grow quickly and create unique solutions for our customers, carriers and operators.”
“We are thrilled Drew is being recognized for his leadership at RXO and within the industry as a whole.”
Under Wilkerson’s leadership, RXO has more than doubled its pro forma adjusted EBITDA, grown the truck brokerage business three times faster than the industry and achieved a 42% return on invested capital.
Wilkerson has championed the use of artificial intelligence (AI) and machine learning (ML) to provide cutting-edge technology that streamlines supply chains for customers and carriers. AI and ML are built into RXO’s proprietary brokerage platform, RXO Connect™, which connects more than 10,000 customers and 100,000 carriers.
In the first quarter of 2023, more than 96 percent of RXO’s brokerage loads were created or covered digitally, a testament to the technology-driven mindset of Wilkerson and his leadership team.
In 2023, Wilkerson was also named to Charlotte Business Journal’s 40 Under 40 list as well as Business North Carolina’s Power List.
For more information on RXO and Wilkerson, please visit http://rxo.com.