RXO, Inc. (RXO) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.336 of risks and uncertainties and other factors that could cause actual results to differ 00:00:04.336 -- 00:00:07.820 materially from those in the forward-looking statements. 00:00:07.820 -- 00:00:12.325 A discussion of factors that could cause actual results to differ materially is contained 00:00:12.325 -- 00:00:17.531 in the company's FEC filings as well as in its earnings release. 00:00:17.531 -- 00:00:21.556 You should refer to a copy of the company's earnings release in the investor relations 00:00:21.556 -- 00:00:26.742 section on the company's website for additional important information regarding forward-looking 00:00:26.742 -- 00:00:31.855 statements and disclosures disclosures and reconciliations of non-GAAP financial 00:00:31.855 -- 00:00:36.141 measures that the company uses when discussing its results. 00:00:36.141 -- 00:00:38.704 I will now turn the call over to Drew Wilkerson. 00:00:38.704 -- 00:00:40.346 Mr. Wilkerson, you may begin. 00:00:40.346 -- 00:00:42.346 Good 00:00:45.052 -- 00:00:47.555 morning, everyone. Thank you for joining today. 00:00:47.555 -- 00:00:50.639 There are four main points I want to convey this morning. 00:00:50.639 -- 00:00:56.667 First, we completed the most significant technology milestone of the Coyote integration, 00:00:56.667 -- 00:01:02.063 and our carrier network along with RxO carrier representatives, are now covering 00:01:02.063 -- 00:01:06.148 freight out of one transportation management system. 00:01:06.148 -- 00:01:10.713 Second, we're again raising our estimate for acquisition synergies. 00:01:10.713 -- 00:01:15.920 We now expect more than $70 million of cash synergies, which includes both 00:01:15.920 -- 00:01:19.184 operating expense and capital expenditures. 00:01:19.184 -- ...