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.

GREENWICH, Conn. , May 10, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of freight transportation in North America, announced that it has renewed its long-standing commitment as the official transportation partner of the Susan G. Komen® 3-Day fundraising walks through 2025.

XPO Continues Support of Susan G. Komen® 3-Day Walks as Official Transportation Partner

Less-than-truckload carrier XPO beat first-quarter expectations Thursday and provided commentary that sent shares higher. XPO (NYSE: XPO) reported adjusted earnings per share of 56 cents, which was 10 cents higher than the consensus estimate and the first quarter of 2022.

XPO beats Q1 expectations, eyes $50M in labor cost reductions

The headline numbers for XPO (XPO) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, XPO (XPO) Q1 Earnings: A Look at Key Metrics

XPO, Inc. (NYSE:XPO ) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Mario Harik - Chief Executive Officer Carl Anderson - Chief Financial Officer Ali Faghri - Chief Strategy Officer Conference Call Participants Fadi Chamoun - BMO Scott Group - Wolfe Research Jon Chappell - Evercore ISI Chris Wetherbee - Citigroup Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Tom Wadewitz - UBS Ken Hoexter - Bank of America Joe Hafling - Jefferies James Monigan - Wells Fargo Scott Schneeberger - Oppenheimer Jordan Alliger - Goldman Sachs Elliot Alper - Cowen and Company Jeff Kauffman - Vertical Research Partners Operator Welcome to the XPO Q1 2023 Earnings Conference Call and Webcast. My name is John, and I will be your operator for today's call.

XPO, Inc. (XPO) Q1 2023 Earnings Call Transcript

Revenue growth to $1.9 billion, and diluted EPS of $0.15 Adjusted diluted EPS of $0.56, up 22% year-over-year Highest first quarter LTL service quality in over a decade GREENWICH, Conn. , May 04, 2023 (GLOBE NEWSWIRE) --   XPO  (NYSE: XPO) today announced its financial results for the first quarter 2023.

XPO Reports First Quarter 2023 Results

Hess

Old Dominion Freight Line

XPO Logistics stock soared on news it landed a new Chief Operating Officer. The post 3 Fast-Growing Companies Near Buy Points.

3 Fast-Growing Companies Near Buy Points. How One Executive Hire Sent This Stock Soaring

Earnings season has begun in earnest, and a cavalcade of income statements and webcasts with analysts will mark the next few weeks. Volatile stock price movements drove the CE 100 Index to a virtual standstill, off 0.5% for the week.

Tesla's Slide Blunts XPO's Gains as CE 100 Index Slips 0.5%

XPO's New COO Sweetens The Bull Case

XPO poached its next COO from Old Dominion. Old Dominion is considered the best-in-class company in less-than-truckload logistics, with an operating margin near 30%.

Why XPO Stock Soared This Week

XPO is up big this week on news it poached its new chief operating officer from a rival trucker. The stock got a boost on Friday due to one upgrade and a pair of price target hikes.

Why XPO Stock Is Accelerating Again Today

XPO has hired former Old Dominion executive Dave Bates as chief operating officer. Old Dominion has a sterling reputation on Wall Street, and investors are hoping Bates' operational skills will improve XPO.

Why XPO Stock Is in the Fast Lane Today

The logistics provider names Dave Bates as chief operating officer of North American LTL. He comes from Old Dominion Freight Line.

XPO Stock Soars. One Executive Is Worth Half a Billion Dollars.

Less-than-truckload carrier XPO said Thursday it was adding another veteran from competitor Old Dominion Freight Line to its roster. Effective Friday, Dave Bates will join XPO (NYSE: XPO) as the chief operating officer of its LTL unit.

XPO adds another Old Dominion veteran to roster

GREENWICH, Conn., April 17, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of freight transportation in North America, has been named a VETS Indexes 4 Star Employer as part of the 2023 VETS Indexes Employer Awards. The award recognizes employers' commitment to recruiting, hiring, retaining, developing and supporting veterans and the military-connected community.

XPO Honored as a 2023 VETS Indexes 4 Star Employer

GREENWICH, Conn. , April 13, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its first quarter conference call and webcast on Thursday, May 4, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

XPO Schedules First Quarter 2023 Earnings Conference Call for Thursday, May 4, 2023

video-js.video-js.vjs-fluid:not(.vjs-audio-only-mode) {padding-top: 56.25%;} XPO has seen some major growth over the last year since the company announced its plan to divide its tech-enabled brokerage services into its own business, with the core of its business evolving to a stand-alone, purely less-than-truckload carrier serving 99% of ZIP codes in North America. During April 3's WHAT THE TRUCK!

XPO positive on LTL focus, investments amid rocky market

GREENWICH, Conn., April 07, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of less-than-truckload ( LTL ) transportation in North America, has been named National LTL Carrier of the Year by third-party logistics company GlobalTranz, a technology-enabled shipping solutions provider that is part of the Worldwide Express family of brands. This is the third year in a row that XPO is receiving an award from GlobalTranz for commitment to excellence.

XPO Named National Less-Than-Truckload Carrier of the Year by GlobalTranz

GREENWICH, Conn. , March 30, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of less-than-truckload ( LTL ) transportation in North America, has been named 2022 National Carrier of the Year by Echo Global Logistics, a Fortune 1000 3PL provider. XPO received the award for exceeding Echo's quality-of-service standards in 2022, while managing record volume as the 3PL's largest LTL carrier relationship.

XPO Named National Carrier of the Year by Echo Global Logistics

Diana Brown, Marissa Christensen and Jay Silberkleit recognized for accomplishments in customer relations and technology

Three XPO Leaders Named 2023 SDCE “Pros to Know”

GREENWICH, Conn. , March 14, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of less-than-truckload ( LTL ) transportation in North America, today announced that Senior Service Center Manager Kimberly Torres has been named a Top Woman to Watch in Transportation by the Women In Trucking Association. The 2023 Top Women to Watch awards highlight role models for gender equality in the traditionally male-oriented transportation sector.

XPO's Kimberly Torres Named a Top Woman to Watch in Transportation

GREENWICH, Conn., March 13, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of less-than-truckload (LTL) freight transportation in North America, today announced that 254 of its professional truck drivers reached new safety milestones in 2022: achieving one million, two million or three million miles of accident-free driving. Collectively, these drivers have covered more than 318 million accident-free miles over their careers.

XPO Honors 254 Additional Drivers for Reaching One Million or More Accident-Free Miles

Less-than-truckload carrier XPO announced Thursday that Wes Frye, the former chief financial officer at Old Dominion Freight Line, has been appointed to its board effective immediately. The addition of Frye expands XPO's (NYSE: XPO) board to nine members, seven of which serve as independent directors.

XPO adds former Old Dominion CFO to board

GREENWICH, Conn., Feb. 28, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO), a leading provider of less-than-truckload ( LTL ) transportation in North America, today announced that it has been named National LTL Carrier of the Year by MODE Global, one of the largest 3PL transportation platforms in North America. XPO and MODE have worked together to provide quality LTL shipping solutions for customers for over a decade.

XPO Named National Less-Than-Truckload Carrier of the Year by MODE Global

In this article, I discuss XPO Logistics,  one of my favorite trucking companies due to its young age and impressive expansion. After two major spin-offs, the company is now focussing on its core strengths, which should provide the company with a path to aggressive long-term growth in the LTL market.

The Hidden Gem Of Logistics: XPO Logistics' Untapped Potential

GREENWICH, Conn. and ANN ARBOR, Mich. , Feb. 15, 2023 (GLOBE NEWSWIRE) -- Freight transportation company  XPO  (NYSE: XPO) has been named one of America's Best Large Employers by Forbes magazine. This is the third time XPO has made Forbes' Best Employer rankings.

News for XPO Logistics Stock (XPO)