RXO, a high-tech freight transportation broker, announced plans to expand its operations in Charlotte. The company will invest $13.7 million and create 216 new jobs in the Ballantyne area over the next several years.
The average annual salary for the new Charlotte positions will be $89,769. This move lifts Charlotte’s status as a transportation and distribution leader in the Southeast.
“This is not just an expansion; it’s a significant milestone for our city’s growth and economic development,” said Charlotte Mayor Vi Lyles. “This investment will create jobs, drive innovation, and enhance our community’s prosperity. I am thrilled to see how this partnership will shape the future of Charlotte, making it an even more dynamic place to live and work.”
NEWS: Transportation logistics company @rxoinc will create 216 jobs and invest $13.7 million to expand operations in #Charlotte. More: https://t.co/wxPxUivevo#Econdev pic.twitter.com/5BVXc1ge7P
— N.C. Commerce (@NCCommerce) November 26, 2024
The project was facilitated by collaboration between the City of Charlotte, Mecklenburg County, and several state agencies.
