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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 reports 3.1% increase in LTL tonnage per day in August 2023 compared to August 2022.
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XPO completes expansion of Garland service center, adding 58 doors in north Texas region
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Eight drivers from XPO took home top awards at the 2023 National Truck Driving Championships. XPO drivers honored include Barry Kraemer (1st place), Joe Hicks (2nd place), Jeffrey Langenhahn (2nd place), Tim Vogt (3rd place), and Ina Daly (received prestigious award). XPO drivers from Connecticut won 1st place in the State Team Award competition. 41 XPO drivers earned spots at the championships. XPO CEO Mario Harik expressed pride and gratitude for the drivers' commitment to safety and exceptional skills.
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XPO (NYSE: XPO) announced its Q2 2023 financial results, reporting revenue of $1.92 billion and diluted earnings per share of $0.27. The company delivered adjusted EBITDA of $244 million and adjusted diluted EPS of $0.71. Despite a soft industry environment, the North American LTL segment showed improvement in adjusted operating ratio and labor efficiency, with a 4% year-over-year tonnage growth and 9% growth in shipments per day in July.
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XPO (NYSE: XPO) announces Kyle Wismans as new CFO effective August 11, 2023, succeeding Carl Anderson. Wismans, a seasoned finance leader, has been instrumental in executing spin-offs and LTL growth strategy. Mario Harik, CEO of XPO, expects a seamless transition. Wismans brings 17 years of experience with global public companies, including General Electric and Baker Hughes.
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XPO (NYSE: XPO) expands capacity in metro Atlanta with the completion of the Norcross, GA service center expansion, adding 46 doors to its network. The strategic expansion is part of XPO's plan to grow capacity in its North American network with 900 net new doors nationally by Q1 2024, aiming to serve customers with more flexibility and speed.
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XPO will hold its second quarter conference call and webcast on August 4 at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.
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XPO completes expansion of its Salt Lake City service center, adding 58 doors and increasing the yard by 170,000 square feet. The expansion aims to grow the capacity of the North American network and improve operational efficiency. The company plans to hire more employees and contribute to the local economy.
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Samsara announces winners of its 2023 Connected Operations Awards, honoring individuals and organizations for their achievements in safety, efficiency, sustainability, performance, and innovation.
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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
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United States
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