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.
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
-
Rhea-AI Summary
XPO (NYSE: XPO) has been approved to acquire 28 service center locations previously operated by Yellow Corporation, purchasing 26 service centers and assuming existing leases for the other two locations. The transaction is expected to close by the end of 2023. This acquisition will increase capacity in critical, growing freight markets and complement XPO’s national network with prime real estate in fast-growing freight markets, including Atlanta, Brooklyn, Columbus, Greensboro, Houston, Indianapolis, Las Vegas, Minneapolis, Nashville, Portland, and Central Pennsylvania.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
-
Rhea-AI Summary
XPO (NYSE: XPO) reported a 0.4% decrease in LTL tonnage per day in November 2023 compared to the previous year, with an increase of 3.8% in shipments per day and a 4.1% decrease in weight per shipment. Mario Harik, CEO of XPO, highlighted the company's progress in the face of a soft freight market, with an eighth consecutive month of year-over-year growth in shipments per day. The yield ex-fuel growth is also tracking ahead of expectations for the quarter, with a focus on enhancing service quality to capture more profitable share when industry tonnage rebounds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.31%
Tags
Rhea-AI Summary
XPO (NYSE: XPO) Receives National Recognition as a Top Employer for Veterans in 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
-
Rhea-AI Summary
XPO (NYSE: XPO) Receives National Recognition for Its Commitment to the Military Community and Veterans, Earns 2024 Military Friendly® Employer Status from Viqtory and Named One of Military.com’s Top 25 Veteran Employers for 2024. The company has been honored for its long track record of hiring veterans and military spouses, and its ongoing commitment to creating a supportive work environment for the military community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
-
Rhea-AI Summary
XPO (NYSE: XPO) strengthens its commitment to military hiring by partnering with the U.S. Army PaYS program, offering job interviews and potential employment to soldiers after completing their service. The company has a proud history of being a military-friendly employer and was recently recognized as a VETS Indexes 4 Star Employer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
Rhea-AI Summary
XPO, a leading provider of freight transportation in North America, has been named one of the 2023 'Top Companies for Women to Work for in Transportation' by the Women in Trucking Association (WIT). This is the third consecutive year XPO has received this recognition. Additionally, XPO has been named to WIT's 'Elite 30' list of exceptional employers. XPO was selected for its commitment to gender diversity, employee-focused culture, competitive compensation and benefits, and professional development opportunities. XPO is dedicated to fostering greater gender diversity and professional advancement for women in the transportation industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
Tags
-
Rhea-AI Summary
XPO reported solid financial results for the third quarter of 2023, with diluted earnings per share of $0.72 and adjusted diluted earnings per share of $0.88. Revenue for the quarter was $1.98 billion, a year-over-year increase of 1.8%. The North American Less-Than-Truckload segment generated $1.23 billion in revenue, while the European Transportation segment generated $752 million. XPO's adjusted EBITDA for the quarter was $278 million, a 6% increase compared to the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.08%
Tags
-
Rhea-AI Summary
XPO announces the construction of a new service center in Lakeland, Florida, as part of its plan to expand capacity in its North American network. The facility is expected to open in Q2 2024 and will bring 60 doors to the I-4 corridor. XPO plans to employ approximately 75 people at the Lakeland service center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
Rhea-AI Summary
XPO launches Road Flex program to insource third-party linehaul carrier miles and improve efficiency and service for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
XPO, Inc.
NYSE:XPO
XPO Rankings
XPO Stock Data
12.50B
102.36M
0.83%
100.17%
4.27%
General Freight Trucking, Long-Distance, Truckload
Transportation and Warehousing
United States of America
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