Xpo Inc Stock Price, News & Analysis

XPO Logistics, Inc. (NYSE: XPO) will host its third quarter earnings conference call on November 6, 2020, at 8:30 a.m. ET, following the release of results post-market on November 5. Interested parties can access the call via a toll-free number or international dialing. A replay will be available until December 6, 2020. XPO is a leading global logistics provider, operating in 30 countries with around 96,000 employees and 1,506 locations, serving over 50,000 customers.

XPO Logistics (NYSE: XPO) has been named the official transportation partner for the Susan G. Komen 3-Day® walks in 2021, significantly expanding its partnership with the leading breast cancer organization. The company will provide trucks and drivers for the events, which attract over 500,000 participants, and will also offer storage for event materials. Furthermore, XPO plans to match donations to Susan G. Komen up to $10,000 to support breast cancer research and assistance programs.

XPO Logistics (NYSE: XPO) has announced a partnership with the Hispanic Association of Colleges and Universities (HACU) to support initiatives focused on higher education access for Hispanic students. XPO's chief diversity officer, LaQuenta Jacobs, will speak at the HACU ¡Adelante! Leadership Institute on October 26, 2020, discussing how personal experiences can foster opportunities. HACU represents over 500 institutions dedicated to enhancing the educational experience for Hispanic students in the U.S., Puerto Rico, and beyond.

XPO Logistics announced significant growth in its XPO Connect digital freight marketplace, surpassing 65,000 registered carriers and reaching over 200,000 downloads of the Drive XPO mobile app. These milestones represent a 100% increase in app downloads and a 63% increase in carrier registrations since January 2020. Key drivers include XPO Connect's popularity for digital brokerage, rapid pandemic response, and the addition of new app features that optimize logistics. Drew Wilkerson emphasized the platform's immediate access to capacity as a critical factor for shippers and carriers.

XPO Logistics (NYSE: XPO) announced the expansion of its Academic Partners Program, providing discounted accredited courses to hourly workers in the U.S. Eligible employees can combine a $5,250 annual tuition reimbursement with discounts to earn tuition-free degrees across 80 fields. Additionally, partnerships with institutions like the Massachusetts Institute of Technology offer access to executive education courses at reduced prices. This initiative aims to enhance personal growth and career development within the workforce.

XPO Logistics has announced that Katrina Liddell, president of its North American transportation unit, is a finalist for the 2020 Influential Woman in Trucking Award. This honor, presented by the Women in Trucking Association (WIT), recognizes female leaders in the freight industry. Liddell's notable leadership at XPO, where she previously led sales, marks a significant achievement. The award winner will be revealed on November 13, 2020, during a virtual panel at the WIT Accelerate! Conference and Expo, where Liddell will also participate.