Welcome to our dedicated page for Xpo news (Ticker: XPO), a resource for investors and traders seeking the latest updates and insights on Xpo stock.
XPO Inc (NYSE: XPO), a leader in asset-based less-than-truckload (LTL) freight transportation, provides this centralized hub for official announcements and market-moving developments. Access real-time updates on operational milestones, financial performance, and strategic initiatives that shape North America's logistics landscape.
This resource delivers critical insights through earnings disclosures, technology innovation announcements, and network expansion updates. Users will find detailed coverage of cross-border logistics developments, service center openings, and efficiency improvements driven by XPO's proprietary technology platform.
Key updates include quarterly financial results, leadership changes, capacity expansions, and sustainability initiatives. The curated news flow enables stakeholders to track how XPO's asset-based model and digital transformation strategies impact freight markets.
Bookmark this page for direct access to XPO's verified corporate communications. Combine these updates with SEC filings and investor materials for comprehensive analysis of the company's market position and growth trajectory.
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.
XPO Logistics, a global provider in transportation and logistics, has renewed its partnership with the Massachusetts Institute of Technology's (MIT) Industrial Liaison Program. This collaboration, first established in 2019, aims to leverage MIT's research to advance innovations in supply chain technology. Key benefits include access to emerging technologies, MIT's private knowledge base, and connections with over 1,800 active technology startups. Mario Harik, XPO's CIO, expressed enthusiasm for the continued partnership and its potential to enhance customer service and productivity.
XPO Logistics (NYSE: XPO) announces the appointment of Erik Caldwell as president of its last mile business unit, overseeing operations in the US and Canada. This unit is responsible for over 10 million home deliveries of large goods annually, including appliances and furniture. Caldwell brings 16 years of experience from retail and industrial supply chains, having joined XPO in 2017 as COO. His expertise aligns with the company's strategy to leverage e-commerce growth. This leadership change is expected to enhance XPO's service efficiency and market competitiveness.
XPO Logistics (NYSE: XPO) has launched an upgraded version of its app, XPO Moves the Tour, coinciding with the Tour de France. The app features Journey mode, where players drive an XPO truck along the race route, and Arcade mode, focusing on high scores by safely collecting fuel canisters. Mario Harik, XPO's CIO, emphasized the app's role in enhancing the spectator experience and celebrating 40 years of partnership with the Tour. XPO Logistics, a leading global logistics provider, operates in 30 countries and serves over 50,000 customers.
XPO Logistics (NYSE: XPO) will serve as the official transport partner for the Tour de France for the 40th consecutive year, starting August 29, 2020. A team of 68 drivers will operate 52 trucks over 3,479 kilometers, transporting over 420 tons of equipment across all 21 race stages. This year, XPO has implemented enhanced health protocols due to COVID-19, including safety training for drivers. Additionally, for the first time, natural gas-powered trucks will be used to reduce environmental impact, aligning with broader eco-friendly initiatives.
XPO Logistics (NYSE: XPO) has renewed its partnership with Asda Stores Ltd. for reverse logistics and asset management services, extending their relationship to over 20 years. This three-year contract allows XPO to manage logistics for Asda’s product trays across nine sites. The company will employ its proprietary technology to handle over eight million assets and manage 250 suppliers. The collaboration supports Asda's zero-waste strategy, enhancing recycling efforts for cardboard, plastic, and food waste, contributing to significant cost reductions and process improvements.
XPO Logistics, a global leader in transportation and logistics, has been recognized as a 2020 Great Supply Chain Partner by SupplyChainBrain. This accolade reflects the company’s commitment to continuous improvement, strong leadership, and problem-solving capabilities. The selection was based on a poll of supply chain professionals who evaluated thousands of candidates. XPO operates a highly integrated network across 30 countries, serving over 50,000 customers with around 96,000 employees. The full list of recognized partners can be found on SupplyChainBrain's website.
