XPO Logistics

XPO, Inc. engages in the provision of freight transportation services. It operates through the North American LTL and Brokerage and Other Services segments. The North American LTL segment includes cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. The Brokerage and Other Services segment is involved in last mile logistics for heavy goods sold through e-commerce, omnichannel retail, and direct-to-consumer channels. The company was founded by Michael Welch and Keith Avery in May 1989 and is headquartered in Greenwich, CT.

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XPO Logistics excels in Q4 2022, eyes growth opportunities

XPO Logistics delivered strong Q4 2022 results, exceeding expectations in revenue and EBITDA growth, with a focus on service quality and strategic business simplification.
The company faces challenges from fuel price impacts and industry dynamics but has opportunities in leveraging service improvements and market demand outlook.
XPO's performance reflects a commitment to growth targets, technology implementation, and network expansion, positioning it for continued success in a dynamic market.
With a cautious yet optimistic outlook for 2023, XPO aims to drive growth through operational efficiency, customer satisfaction, and disciplined capacity expansion.

XPO Logistics reports solid Q1 results amidst operational challenges

XPO Logistics delivered strong financial performance in Q1 2023, with a focus on operational efficiency, service quality, and cost management.
While facing challenges in tonnage trends and cost reduction goals, XPO is well-positioned to capitalize on opportunities for growth and innovation.
Strategic initiatives like the LTL 2.0 plan, fleet optimization, and technology-driven efficiency improvements are driving XPO's success and future prospects.

XPO Logistics exceeds Q2 expectations, eyes growth amid operational strengths

XPO Logistics reported strong financial results, driven by operational efficiencies and strategic initiatives. The company's focus on customer service, network investments, and cost efficiency bodes well for future growth. Balancing volume growth with pricing strategies and leveraging technology and employee engagement are key focus areas for sustained success.

XPO Logistics excels in Q3, eyes service quality for growth

XPO Logistics reported robust Q3 financial performance, showcasing progress in their LTL 2.0 plan and cost efficiency measures.
While facing challenges in soft customer demand and excess network capacity, the company is focused on service quality enhancements and cost optimization.
Opportunities lie in improving pricing through service quality, reducing costs per shipment, and leveraging incentive structures for profit improvement.
Overall, XPO Logistics is well-positioned for growth with a strong financial foundation and strategic initiatives in place for future success.

XPO Logistics excels in Q4, eyes growth through pricing and efficiency

XPO Logistics' Q4 performance reflects strong revenue growth, margin improvement, and strategic initiatives driving operational efficiency. The company's focus on pricing, service quality, and margin expansion positions it well for future success. Challenges related to CapEx spend and compensation realignment are being addressed to capitalize on growth opportunities.

XPO Logistics excels in Q1 2024, eyes margin improvement

XPO Logistics demonstrated robust financial performance and operational excellence in Q1 2024.
The company's focus on service quality, cost efficiency, and margin improvement is driving growth.
While facing challenges in a muted freight market, XPO is well-positioned to capitalize on opportunities.
Strategic initiatives and strong performance in key markets position XPO for continued success.

XPO Logistics excels in Q2, poised for strong 2025 growth

XPO Logistics' Q2 performance reflects robust revenue growth and profitability, driven by strategic initiatives and cost management.
Anticipated OR improvement, earnings growth, and margin expansion signal a positive outlook for XPO in 2025.
While challenges in cost management and market dynamics persist, opportunities in service enhancement and customer base expansion offer avenues for sustained growth.
Employee satisfaction and engagement initiatives underscore XPO's commitment to its workforce and long-term success in the logistics industry.

XPO Logistics excels in Q3, eyes North American LTL growth

XPO Logistics showcased strong financial performance driven by revenue growth and margin expansion.
The company's focus on service quality, capacity investments, and pricing strategy bodes well for future growth.
Challenges include managing tonnage decline in Q4 and the strategic sale of the European business.
Opportunities lie in becoming a North American LTL carrier, enhancing service offerings, and maintaining pricing discipline.

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XPO, Inc. engages in the provision of freight transportation services. It operates through the North American Less-Than-Truckload (North American LTL) and European Transportation segments. The North American LTL segment offers trailer manufacturing operations and domestic and cross-border services to and from the United States, Mexico, Canada, and the Caribbean. The European Transportation segment provides truckload, less-than-truckload, truck brokerage, managed transportation, last mile, freight forwarding, and multimodal solutions, such as road-trail and road-shirt sea combinations, to the consumer, trade, and industrial markets. The company was founded by Michael Welch and Keith Avery in May 1989 and is headquartered in Greenwich, CT.

Shares of XPO Logistics (NYSE: XPO) have been in a correction the last few months because of the headwinds facing the industry. While demand is very high for trucking, shortages of drivers and the cost of retaining the drivers there are, along with other input costs, were cutting into the bottom line.

XPO Logistics Gets The Market Back In Gear

The stock price of XPO Logistics Inc (NYSE: XPO) increased by 3.36% after hours in the most recent trading session. This is why it happened.

XPO Logistics (XPO) Stock: Why The Price Increased

XPO Logistics Inc. reported late Tuesday $1.34 cents in fourth-quarter adjusted diluted earnings per share, beating analysts' median estimates by 35 cents. On an adjusted basis and without the impact of dilution, XPO's (NYSE: XPO) per-share earnings came in at $1.08 cents, which still topped the 99 cents per share that analysts polled by Barchart estimated.

XPO beats estimates on Q4 earnings per share

Reports highest revenue of any quarter in company history

XPO Logistics Announces Fourth Quarter and Full Year 2021 Results

GREENWICH, Conn., Jan. 24, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, today announced a new milestone in the adoption of its XPO Connect digital brokerage marketplace. Carrier demand for the platform's Drive XPO mobile app propelled cumulative downloads of the app to over 600,000 at year-end 2021, more than doubling the cumulative count in 12 months.

XPO Logistics Digital Truck Brokerage Platform Exceeds 600,000 App Downloads

XPO Logistics Inc. said Monday it has opened terminals in Sheboygan, Wisconsin, and Texarkana, Arkansas, adding 50 dock doors to its 16,000-door terminal network. Greenwich, Connecticut-based XPO (NYSE: XPO), which operates LTL, truck brokerage, intermodal and last-mile delivery businesses, now has 291 LTL terminals across North America.

XPO adds LTL terminals in Wisconsin, Arkansas

XPO Logistics Inc (NYSE: XPO) opens two new less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. The company also increased production capacity at its trailer manufacturing facility and will open four more fleet maintenance shops this quarter.

XPO Logistics Reveals Expansion Of Less-Than-Truckload Network

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Barclays analyst Brandon Oglenski updated the price targets for several transportation companies. The analyst mentions that the pricing remains key as the supply-driven volume recovery likely pushed out for the North American transportation sector.

Barclays Updates Price Target For Several Transportation Companies

GREENWICH, Conn., Jan. 12, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) will hold its fourth quarter conference call and webcast on Wednesday, February 9, at 8:30 a.m. Eastern Time. The company's results will be released after market close on February 8 and made available on www.xpo.com.

XPO Logistics Schedules Fourth Quarter 2021 Earnings Conference Call for Wednesday, February 9, 2022

The logistics industry has been wrestling with the infamous driver shortage for years. This issue has only been exacerbated by the coronavirus pandemic, and the American Trucking Associations (ATA) predicts the industry will be a record 80,000 drivers short in the next year.

XPO tackles labor shortages with multipronged approach

GREENWICH, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc . (NYSE: XPO) today announced that Troy Cooper has stepped down from his role as president, effective December 27, 2021. Mr. Cooper will continue working with the company as a senior advisor through June 30, 2022.

XPO Logistics Announces Troy Cooper to Step Down as President

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Benchmark analyst Christopher Kuhn initiated XPO Logistics Inc (NYSE:XPO) with a Buy rating and a price target of $103, implying an upside of 39%.  Kuhn views the company as a more focused, pure-play transportation provider following the spinoff of GXO Logistics Inc (NYSE:GXO), noting that its core North American less-than-truckload business is the third-largest non-union carrier.

Benchmark Is Bullish On XPO Logistics, Sees 39% Upside

GREENWICH, Conn., Dec. 17, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc . (NYSE: XPO), a leading provider of freight transportation services, will spread holiday joy this week with Elves & More of Northeast Ohio. This will be the 15th year that XPO has supported Elves & More in surprising entire neighborhoods with children's bicycles at Christmastime.

XPO Logistics and Elves & More Spread Joy with New Bicycles

GREENWICH, Conn., Dec. 16, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc . (NYSE: XPO), a leading provider of freight transportation services, has expanded its support of military veterans with the donation of trucking services in seven states. The company will deliver a total of 1,666 wreaths to veterans' cemeteries this week in preparation for National Wreaths Across America Day on December 18, 2021.

XPO Logistics Honors Military Veterans with National Sponsorship of Wreaths Across America

GXO Logistics

Shares of transport company XPO Logistics Inc. and logistics firm GXO Logistics Inc., which XPO spun off in August into a publicly traded entity, fell sharply on Friday after public filings the day before disclosed that Brad Jacobs, XPO's founder and the chair of both companies, sold 3.2 million shares in each. The sales account for about 20% of Jacobs' holdings in each company.

Jacobs sells 20% of XPO, GXO holdings; shares fall sharply

Wolfe Research analyst Scott Group initiated XPO Logistics Inc (NYSE:XPO) with an Outperform rating and $101 (an upside of 28.5%) year-end 2022 price target. The analyst says the stock has materially underperformed since the spin of its Logistics segment and following disappointing Q3 results, but "past periods of underperformance have historically led to good buying opportunities.

Wolfe Research Sees Sharp Upside In This Logistics Company

GREENWICH, Conn., Dec. 07, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc . (NYSE: XPO), a leading provider of freight transportation services, has again been named by Newsweek as one of America's Most Responsible Companies based on a combination of social, environmental and corporate governance scores. XPO received the highest environmental score of any road transportation provider in the Transport and Logistics category.

XPO Logistics Named One of America's Most Responsible Companies by Newsweek for 2022

Introduces executive training program to increase gender diversity Introduces executive training program to increase gender diversity

XPO Logistics Hosts Women in Leadership Conference for Inaugural XPO RISE Participants

Hundreds of XPO sites will serve as collection points in North America Hundreds of XPO sites will serve as collection points in North America

XPO Logistics Announces Second Annual Shoe Drive to Support Soles4Souls

The Teamsters victory for a group of drivers at the Albany, New York, facility of XPO Logistics has been certified by the National Labor Relations Board. Although the specific size of the vote margin was not disclosed by any of the parties involved, and the National Labor Relations Board requires a Freedom of Information request to get the actual numbers, all reports were that the referendum was close.

Close Teamsters vote at XPO Albany certified as win for union

GREENWICH, Conn., Nov. 18, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced the appointment of Swati Sharma as senior vice president and treasurer, effective immediately. Sharma is responsible for managing XPO's capital structure, liquidity, financial risk, banking relationships, insurance and real estate to align with the company's strategic objectives. She succeeds Ravi Tulsyan, who served as treasurer until his appointment as chief financial officer in September.

XPO Logistics Appoints Swati Sharma as Treasurer

The Teamsters has won a representation vote for a group of LTL drivers in Albany, New York, the first step in what traditionally has been a long road to actually getting a union into an XPO facility. The vote earlier this month was close, according to officials.

News for XPO Logistics Stock (XPO)