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Stock impact report

XPO Logistics Announces Expansion of Less-Than-Truckload Network with New Terminals, Maintenance Shops and Trailer Manufacturing Capacity

XPO, Inc. (XPO) 
Last xpo, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: xpo.com/investors
Company Research Source: GlobeNewswire
GREENWICH, Conn., Jan. 18, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, today announced the opening of two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing facility, and will open four more fleet maintenance shops this quarter. The announcement marks the latest progress in XPO’s previously announced plan to drive growth and efficiencies in its North American LTL network. In October 2021, the company opened a 264-door terminal in Chicago Heights, Illinois, and initiated actions to enhance freight flows in the face of increasing demand. In the current quarter, XPO’s LTL investments include: 26 new doors at a cross-dock terminal in Sheboygan, Wisconsin;24 new doors at a cross-dock terminal in Texarkana, Arkansas;New fleet maintenance shops at terminals in Ohio, Florida, Show less Read more
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