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Xpo Inc - XPO STOCK NEWS

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.

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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.
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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.
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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.
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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.
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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.
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XPO launches Road Flex program to insource third-party linehaul carrier miles and improve efficiency and service for customers.
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XPO to hold Q3 conference call on Oct. 30 at 8:30 a.m. ET. Results will be released earlier that morning.
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XPO named to FreightTech 100 list for 2024 by FreightWaves
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Johnny C. Taylor, Jr., President and CEO of SHRM, joins LifeGuides' Social Impact Council as Chairman, aiming to uplift mental fitness, enhance peak life performance, and support corporations conducting 'Business as a Force for Good.'
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Three XPO business leaders receive 2023 Women in Supply Chain award for their contributions to the company and the industry.
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Xpo Inc

NYSE:XPO

XPO Rankings

XPO Stock Data

11.39B
114.33M
1.77%
102.97%
5.06%
Trucking
Transportation Services
Link
United States
GREENWICH