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.

JPMorgan analyst Brian Ossenbeck lowered XPO Logistics Inc (NYSE:XPO) price target to $113 from $171 and maintained an Overweight rating on the shares following the spinoff of GXO Logistics Inc (NYSE:GXO).  Ossenbeck sees potential upside if XPO management "continues right-sizing corporate overhead.

JPMorgan Lowers XPO Logistics Price Target Sharply

In the latest trading session, XPO Logistics (XPO) closed at $84.15, marking a -0.78% move from the previous day.

XPO Logistics (XPO) Dips More Than Broader Markets: What You Should Know

Shares of the trucking giant plunged last month after a corporate shake-up.

Bear of the Day: XPO Logistics (XPO)

This big decline isn't what it seems. Here's what you need to know to understand what transpired last month.

Why XPO Logistics Stock Tanked 37% in August

GREENWICH, Conn., Sept. 01, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of freight transportation services, today announced a partnership with the Hiring our Heroes Corporate Fellowship. The program places highly skilled veterans and military spouses with military-friendly civilian companies.

XPO Logistics Supports Veterans With Hiring our Heroes Partnership

Truist analyst Stephanie Moore lowered the price target on XPO Logistics Inc (NYSE:XPO) to $105 (implying an upside of 19%) from $185 and maintained a Buy rating on the shares.  Moore adjusted her model after the completion of the company's spin-off of GXO Logistics Inc (NYSE:GXO).

XPO Logistics Price Target Lowered To $105 At Truist Securities, Maintains Buy

GREENWICH, Conn. , Aug. 25, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of freight transportation services, has been awarded the highest marks for less-than-truckload (LTL) value and customer service by readers of Logistics Management magazine. XPO was recognized in a total of three categories in the 2021 Quest for Quality Awards: national LTL carrier, managed transportation solutions provider and airfreight forwarder.

XPO Logistics Receives Top Scores for Less-Than-Truckload Value and Customer Service in Quest for Quality Award

In XPO Logistics' Q2 earnings call in July, CEO Brad Jacobs called out its technology investments for improving the company's operating ratio. “Our second-quarter adjusted operating ratio ex-real estate gains was our best operating ratio yet,” he said.

Drive XPO reaches 500,000 downloads, improves operating ratios

The shares of XPO Logistics Inc (NYSE: XPO) have received a price target of $110 from Barclays. These are the details.

XPO Logistics Shares: $110 Target From Barclays

GREENWICH, Conn. , Aug. 18, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of freight transportation services, today announced another growth milestone in the adoption of its XPO Connect digital freight marketplace. Downloads of the platform's Drive XPO mobile app for truck drivers have surpassed 500,000 — more than triple the cumulative downloads at this time last year. Drivers use the app to interact with the increasing number of shippers that prefer XPO Connect's digital brokerage capabilities.

XPO Logistics Surpasses Half a Million Downloads of Digital Freight Marketplace App

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To keep up with rising demand, e-commerce platforms and merchants have relied on delivery service partners (DSPs) to provide a dependable last-mile delivery experience.  Now, founders and executives with experience from FedEx, Walmart, XPO, Amazon, Instacart and the U.S. military have come together to form the FRONTdoor Collective (FDC), a network of franchised DSPs.

Q&A: FRONTdoor Collective executives explain importance of franchised DSP network

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The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: XPO receives a 90 out of 100 score on Disability Equality Index, Shell Rotella SuperRigs announces custom rig winners and Schneider driver's daughter brings home first U.S. female diving medal since 1988.

The Log Book: XPO scores high on Disability Equality Index

XPO Logistics Inc. announced it will be closing a distribution center in San Antonio, after one of its customers did not renew a contract. The permanent closure of XPO's facility at 6707 Interstate 10 East will result in 29 employees being laid off, according to a notice filed with the Texas Workforce Commission Monday.

XPO shuttering Texas distribution center, laying off 29 employees

GXO Logistics

GXO Logistics Inc (NYSE: GXO) started trading on the New York Stock Exchange under the ticker symbol “GXO” on Monday. It was originally a part of XPO Logistics Inc (NYSE: XPO), which said last month it will spin it off into an independent, publicly-traded company.

XPO Logistics stock is down 40% because of a spin-off

GXO Logistics (NYSE: GXO) started its first day of regular way trading on the NYSE today as it successfully spun off from XPO Logistics . These are the details.

GXO Logistics Completes Spin-Off From XPO

The long-awaited spinoff of GXO happened on Monday.

Why Shares of XPO Logistics Are Plunging Today

XPO Logistics Inc (NYSE: XPO) has completed the spinoff of GXO Logistics Inc (NYSE: GXO) into an independent publicly-traded company that begins trading on Aug. 2. What Happened: The Greenwich, Connecticut-based XPO first announced its plans for a corporate spinoff last December.

GXO Logistics, A Spinoff Of XPO Logistics, Begins Trading

GREENWICH, Conn. , Aug. 02, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of freight transportation services, today announced that its new slate of directors has become effective with the closing of its spin-off transaction. XPO completed the spin-off of its global logistics segment as GXO Logistics at 12:01 a.m. Eastern Time on August 2, 2021.

XPO Logistics Announces Board of Directors for Post-Spin-Off Company

GREENWICH, Conn. , Aug. 02, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced that it has completed the previously announced spin-off of GXO Logistics, Inc., creating two independent, publicly traded companies. XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world. XPO shares will continue to trade on the New York Stock Exchange under the symbol “XPO” and, effective today, GXO will begin “regular way” trading on the NYSE under the symbol “GXO.”

XPO Logistics Completes Spin-Off of GXO Logistics

Brad Jacobs hasn't been denied much during what has been one of the most accomplished business careers of the past 40 years. What Jacobs has wanted, he's taken, judging by his founding of five billion-dollar businesses, three of which became very successful publicly traded companies.

The XPO-GXO spinoff saga: `See you at the crossroads'

XPO Logistics Inc's (NYSE: XPO) logistics segment spin-off, GXO Logistics (NYSE: GXO), is slated for debut on August 2, 2021. The executive team and members of the board of directors of GXO Logistics, Inc. will ring the New York Stock Exchange's Opening Bell at 9:30 a.m.

XPO Logistics Spinoff GXO Logistics To Ring NYSE Opening Bell On Monday

GREENWICH, Conn. , July 30, 2021 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced that the executive team and members of the board of directors of GXO Logistics, Inc. will ring the New York Stock Exchange's Opening Bell® at 9:30 a.m. EDT on Monday, August 2, 2021, launching GXO as the world's largest pure-play contract logistics provider.

XPO Logistics Spin-Off, GXO Logistics, to Ring NYSE Opening Bell®

It's been a long time coming, but the market is on the verge of XPO (NYSE: XPO) spinning off its contract logistics business into GXO. On this week's Drilling Deep podcast, FreightWaves' Mark Solomon, a longtime observer of XPO, talks about the reasons behind the move and what it means for the new company about to be created, as well as the company it is leaving behind.

Drilling Deep: It's time for the big spinoff at XPO

XPO Logistics's (XPO) CEO Brad Jacobs on Q2 2021 Results - Earnings Call Transcript

News for XPO Logistics Stock (XPO)