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
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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,
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- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Benchmark Co. from $125.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Raymond James from $130.00 to $145.00. They now have an "outperform" rating on the stock.MarketBeat
- XPO, Inc. (NYSE: XPO) had its price target raised by analysts at Bank of America Co. from $137.00 to $139.00. They now have a "buy" rating on the stock.MarketBeat
XPO
Earnings
- 2/7/24 - Beat
XPO
Sec Filings
- 4/22/24 - Form 4
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- XPO's page on the SEC website