Search results
Results from the WOW.Com Content Network
In June 2016, XPO was included in the Fortune 500 list of the largest US corporations based on revenue. [19] The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [20] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [21]
For a short period between 2015 and 2016, the company was owned by XPO, Inc. and known as XPO, Inc. Truckload. In 2016, it was acquired by Canadian logistics company TFI International who returned it to its pre-2007 operations as a standalone truckload company under its original name, CFI. TFI sold the company to Heartland in 2022.
The company was later listed on the New York Stock Exchange under the ticker symbol XPO, Inc. [30] In August 2021, XPO, Inc. completed its spin-off of GXO Logistics, and Jacobs became non-executive chairman of GXO's board of directors. [31] [32] [33] In August 2022, Jacobs announced plans to step aside as CEO of XPO, Inc. but remain executive ...
The trucking and truck brokerage company XPO logistics (XPO) isn't forecasting a robust freight economy.
Margins matter. The more XPO Logistics (NYS: XPO) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Earnings, a rival's move, and a potential sell-off by a hedge fund could be triggering fears among XPO Logistics investors. 3 Reasons XPO Logistics Stock Is Tumbling Further After Dropping 15.1% ...
In December 2020, XPO, Inc. announced that it would spin off its global contract logistics segment into a separate company. [10] In March 2021, XPO announced the new name of the firm as GXO Logistics Inc. [11] The spin-off was completed on August 2, 2021, [3] with American businessman Brad Jacobs named as Non-Executive Chairman, Malcolm Wilson as CEO; formerly the CEO of XPO, Inc. European ...
Raymond James analyst Patrick Tyler Brown lowered XPO Logistics Inc (NYSE: XPO) price target to 0 (implying an upside of 24.5%) from 5 and maintained an Outperform rating on the shares after ...