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XPO Inc - XPO STOCK NEWS

Welcome to our dedicated news page for XPO (Ticker: XPO), a resource for investors and traders seeking the latest updates and insights on XPO.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XPO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XPO's position in the market.

News
XPO Opens Three New Service Centers in Growing Freight Markets to Enhance Service for Customers
Rhea-AI Summary
XPO (NYSE: XPO) expands its North American network by opening three new service centers in Tennessee, Colorado, and Arizona. The acquisitions from Yellow in December 2023 mark the beginning of XPO's expansion plans, with a total of 28 locations. These new sites strategically position XPO to enhance its capacity, service offerings, and operational efficiency, including premium services and cross-border capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
-
News
XPO Celebrates 30th Anniversary of Its US Trailer Manufacturing Facility
Rhea-AI Summary
XPO celebrates the 30th anniversary of its in-house trailer manufacturing facility in Searcy, Arkansas, being the only freight transportation company in the US to produce its own trailers. The factory has produced nearly 90,000 trailers since 1994, employs over 300 people, and features custom-designed trailers with XPO's SafeStack system. The facility also focuses on recycling, with 86% of trailer materials being recycled. XPO has significantly increased manufacturing capacity to meet growing demand, producing over 6,400 trailers in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
none
-
News
XPO Schedules First Quarter 2024 Earnings Conference Call for Friday, May 3, 2024
Rhea-AI Summary
XPO to hold first quarter conference call and webcast on May 3, 2024, with results available on www.xpo.com. Access details provided for US/Canada and international callers. Replay and archived call information also shared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
earnings
News
XPO Named National Less-Than-Truckload Carrier of the Year by MODE Global for Second Year in a Row
Rhea-AI Summary
XPO named 2023 MODE National Less-Than-Truckload Carrier of the Year for the second consecutive year, recognized for exceptional service and partnership with MODE Global.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
-
News
Four XPO Leaders Named 2024 “Pros to Know” by Supply & Demand Chain Executive Magazine
Rhea-AI Summary
XPO executives Kevin Flynn, Erin Goheen, Casey Smock, and Nick Yetsko have been recognized for their outstanding achievements in team building, operational excellence, and technology by Supply & Demand Chain Executive magazine. This marks the fourth consecutive year that XPO leaders have been named 'Pros to Know'. The awards were given in four categories - top shippers, rising stars, lifetime achievement, and top procurement pros.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
News
Two XPO Leaders Named Top Women to Watch in Transportation
Rhea-AI Summary
XPO's Tena Fisher and Nicole Neumann recognized by Women In Trucking for their significant career accomplishments and commitment to gender equality in the transportation industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
News
XPO Provides North American LTL Operating Data for February 2024
Rhea-AI Summary
XPO reports a 3.5% increase in LTL tonnage per day in February 2024 compared to the previous year, driven by a rise in shipments per day and a decrease in weight per shipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
-
News
XPO Reports Fourth Quarter 2023 Results
Rhea-AI Summary
XPO announced its financial results for the fourth quarter of 2023, showing a strong performance despite a challenging freight transportation industry. Revenue increased by 6% year-over-year, with net income from continuing operations reaching $58 million, a significant improvement from a net loss of $36 million in the same period in 2022. The company reported diluted earnings from continuing operations per share of $0.49 and adjusted diluted earnings from continuing operations per share of $0.77.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.86%
Tags
earnings
-
News
XPO Expands Its Support for Truckers Against Trafficking’s Efforts to Combat Human Trafficking
Rhea-AI Summary
XPO (NYSE: XPO) extends support for Truckers Against Trafficking to fight human trafficking in the United States. The company will serve as a platinum partner of TAT, with nearly 5,000 XPO drivers trained to spot and stop human trafficking. XPO's CEO emphasizes safety as a core value and commits to making roads, workplaces, and communities safer. The announcement coincides with National Human Trafficking Awareness Day, highlighting the impact of driver tips to the National Human Trafficking Hotline in rescuing victims.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
News
XPO Schedules Fourth Quarter 2023 Earnings Conference Call for Wednesday, February 7, 2024
Rhea-AI Summary
XPO (NYSE: XPO) will hold its fourth quarter conference call and webcast on Wednesday, February 7, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
earnings
Stock XPO logo
XPO Inc

NYSE:XPO

XPO Rankings

#647 Ranked by Market Cap
#104 Ranked by Stock Gains
N/A Ranked by Dividends

XPO Stock Data

14.63B
102.36M
0.83%
100.17%
4.27%
General Freight Trucking, Long-Distance, Truckload
Transportation and Warehousing
Link
United States
Greenwich

About XPO

covered logistics & transportation llc (clt) is now part of xpo logistics, inc. xpo, a nyse company, is on a significant growth path which will lead it to over $5 billion in revenue in the next three years. xpo brings many resources to covered logistics, including ocean and air freight, over 400 express-1 vehicles, an air charter operation, and freight forwarding operation. xpo is committed to growing covered logistics and is applying the' its not broke, lets not fix' it philosophy, which means covered customers will continue to get outstanding service, communication and costs. covered transportation (ct) a high tech, asset based refrigerated carrier, continues to operate as an independent company. the business continues to be based on three core principles: the business must be noble, fun and profitable. an innovative entreprenurial spirt enables company associates to work in an atmosphere where their thoughts and ideas make a difference in providing quality service at competitive cos