Articles from XPO, Inc.

Honorees Include Three Four Million Milers and 100th Three Million Miler in Company History

GREENWICH, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today that it has extended its support for TAT (Truckers Against Trafficking), a leading nonprofit focused on educating and empowering members of the transportation industry to combat human trafficking. For the fifth consecutive year, XPO will serve as a platinum partner of TAT.

GREENWICH, Conn., Jan. 08, 2025 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its fourth quarter conference call and webcast on Thursday, February 6, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

GREENWICH, Conn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for November 2024. LTL tonnage per day decreased 4.0%, as compared with November 2023, attributable to a year-over-year decrease of 4.2% in shipments per day and an increase of 0.2% in weight per shipment. Actual results for November 2024 may vary from the preliminary results reported above.

GREENWICH, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been recognized as a “Top Company for Women to Work in Transportation” by the Women in Trucking Association (WIT) for the fourth consecutive year. In addition, XPO has once again been named to WIT’s “Elite 30” list, which highlights the nation’s most exemplary employers for advancing gender diversity in the transportation industry.

Earns Military Friendly® Employer Status from Viqtory for Second Consecutive Year

GREENWICH, Conn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the third quarter 2024. The company reported diluted earnings from continuing operations per share of $0.79, compared with $0.72 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $1.02, compared with $0.88 for the same period in 2023.

GREENWICH, Conn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been named one of "America's Most Reliable Companies" for 2025 by Newsweek magazine. The inaugural list recognizes U.S.-based companies that stand out for consistent service and dependability. XPO is one of the highest-ranked transportation companies cited by Newsweek.

GREENWICH, Conn., Oct. 02, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its third quarter conference call and webcast on Wednesday, October 30, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

GREENWICH, Conn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been named to the 2025 FreightTech 100 list by FreightWaves, a global provider of supply chain market intelligence. This is XPO’s seventh consecutive appearance on the FreightTech 100, which recognizes the most innovative companies in the freight transportation industry. XPO is the only LTL transportation provider on the list this year.

GREENWICH, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for August 2024. LTL tonnage per day decreased 4.6%, as compared with August 2023, attributable to a year-over-year decrease of 4.5% in shipments per day and a decrease of 0.1% in weight per shipment. Actual results for August 2024 may vary from the preliminary results reported above.

GREENWICH, Conn., Aug. 24, 2024 (GLOBE NEWSWIRE) -- Three drivers from XPO (NYSEXPO), a leading provider of LTL freight transportation in North America, took home top awards tonight at the 2024 National Truck Driving Championships (NTDC). The competition, known as the “Super Bowl of Safety,” was held in Indianapolis from August 21 to 24.

GREENWICH, Conn., Aug. 01, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the second quarter 2024. The company reported diluted earnings from continuing operations per share of $1.25, compared with $0.27 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $1.12, compared with $0.71 for the same period in 2023.

GREENWICH, Conn., July 25, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today announced its team of finalists for this year’s National Truck Driving Championships (NTDC) from August 21 to 24 in Indianapolis.

XPO Mexico+ provides faster shipping and access to more destinations to support increased nearshoring, and evolving supply chains

GREENWICH, Conn., July 09, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its second quarter conference call and webcast on Thursday, August 1, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

GREENWICH, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for May 2024. LTL tonnage per day increased 2.4%, as compared with May 2023, attributable to a year-over-year increase of 3.8% in shipments per day and a decrease of 1.4% in weight per shipment. Actual results for May 2024 may vary from the preliminary results reported above.

XPO’s Second Location in Las Vegas Joins Recently Opened Facilities in Rapidly Growing Freight Markets

GREENWICH, Conn., May 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the first quarter 2024. The company reported diluted earnings from continuing operations per share of $0.56, compared with $0.15 for the same period in 2023, and adjusted diluted earnings from continuing operations per share of $0.81, compared with $0.56 for the same period in 2023.

Award honors top employers of veterans and military community

Acquired Facilities in Tennessee, Colorado and Arizona Expand XPO’s North American Network

Only freight transportation provider to produce its trailers in-house

GREENWICH, Conn., April 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its first quarter conference call and webcast on Friday, May 3, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

GREENWICH, Conn., March 19, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today that it has been named the 2023 MODE National Less-Than-Truckload Carrier of the Year. This is the second year in a row that XPO has received this award from MODE Global, a leading multibrand 3PL platform serving North America.

Kevin Flynn, Erin Goheen, Casey Smock and Nick Yetsko recognized for achievements in team building, operational excellence and technology

Tena Fisher and Nicole Neumann recognized by Women In Trucking for encouraging more women to pursue careers in freight transportation

GREENWICH, Conn. , March 05, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for February 2024. LTL tonnage per day increased 3.5%, as compared with February 2023, attributable to a year-over-year increase of 5.8% in shipments per day and a decrease of 2.2% in weight per shipment. Actual results for February 2024 may vary from the preliminary results reported above.

GREENWICH, Conn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the fourth quarter 2023, reflecting a strong performance in a soft industry environment for freight transportation. The company reported diluted earnings from continuing operations per share of $0.49 and adjusted diluted earnings from continuing operations per share of $0.77.

GREENWICH, Conn., Jan. 11, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today announced that it is extending its support for Truckers Against Trafficking’s (TAT) efforts to fight human trafficking across the United States. XPO will again serve as a platinum partner of Truckers Against Trafficking this year.

GREENWICH, Conn., Jan. 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its fourth quarter conference call and webcast on Wednesday, February 7, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

GREENWICH, Conn. , Dec. 15, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been named one of “America’s Greatest Workplaces for Diversity for 2024” by Newsweek magazine. XPO received this honor for respecting and valuing “individuals from different walks of life” and the role that diversity plays in driving creativity, innovation and organizational success.

GREENWICH, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of LTL freight transportation in North America, today announced that the United States Bankruptcy Court for the District of Delaware has approved the company’s offer to acquire 28 service center locations previously operated by Yellow Corporation. XPO will purchase 26 service centers and assume existing leases for the other two locations. The transaction is expected to close by the end of 2023.

GREENWICH, Conn. , Dec. 05, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for November 2023. LTL tonnage per day decreased 0.4%, as compared with November 2022, attributable to a year-over-year increase of 3.8% in shipments per day and a decrease of 4.1% in weight per shipment. Actual results for November 2023 may vary from the preliminary results reported above.

Named One of Military.com’s Top 25 Employers for Veterans

Named One of Military.com’s Top 25 Employers for Veterans

GREENWICH, Conn. , Nov. 10, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today that it is strengthening its ongoing commitment to military hiring by entering into a strategic partnership with the U.S. Army Partnership for Your Success (PaYS) program. The partnership offers regular and Reserve soldiers job interviews and potential employment after completing their service in the Army. XPO and the Army will hold a signing ceremony for this commitment on November 15th. 

Women In Trucking recognizes XPO’s industry leadership of advancing gender diversity for the third consecutive year and names it to the “Elite 30” list

GREENWICH, Conn. , Oct. 30, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the third quarter 2023, reflecting a solid performance in a soft industry environment for freight transportation. The company reported diluted earnings from continuing operations per share of $0.72 and adjusted diluted earnings from continuing operations per share of $0.88.

GREENWICH, Conn. , Oct. 24, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, is launching an in-house, over-the-road operation staffed exclusively by team drivers. The Road Flex program is part of the company’s previously announced strategy to insource third-party linehaul carrier miles to drive greater efficiency, expected cost savings and better service for customers.

GREENWICH, Conn. , Sept. 29, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its third quarter conference call and webcast on Monday, October 30, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.

Greenwich, Conn. , Oct. 26, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today that it has broken ground on a new service center in Lakeland, Florida. This project marks another important milestone in the implementation of the company’s previously announced plan to grow capacity in its North American network with the addition of 900 net new doors nationally by the first quarter of 2024. This 31,713 square-foot facility is being constructed on approximately eight acres of property near Interstate 4 and Commonwealth Avenue. The new service center is expected to open for business in the second quarter of 2024, bringing 60 doors to the thriving I-4 corridor including Tampa, Orlando and Lakeland.  Dave Bates, chief operating officer of XPO, said, “We’re excited to expand our footprint in the dynamic Central Florida region, as we continue to grow capacity in strategic markets where we expect strong long-term demand.This new service center in Lakeland will greatly benefit our customers and provide best-in-class freight transportation service to businesses across the state. It also allows us to support the local community with well-paying jobs.” When completed, the company expects to employ approximately 75 people in the Lakeland service center. Currently, XPO employs nearly 640 people across ten service centers in Florida. About XPOXPO, Inc. NYSE: XPONYSEXPO)

GREENWICH, Conn. , Sept. 20, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been named to the 2024 FreightTech 100 list by FreightWaves, a global provider of supply chain market intelligence. The FreightTech 100 spotlights the most innovative companies in the freight technology sector.

GREENWICH, Conn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today that three of its business leaders have been named recipients of the prestigious 2023 Women in Supply Chain award from Supply & Demand Chain Executive magazine. 

GREENWICH, Conn., Sept. 05, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for August 2023. LTL tonnage per day increased 3.1%, as compared with August 2022, attributable to a year-over-year increase of 8.1% in shipments per day and a decrease of 4.6% in weight per shipment. Actual results for August 2023 may vary from the preliminary results reported above.

GREENWICH, Conn. , Sept. 05, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced today the completed expansion of its Garland, TX, service center, substantially expanding capacity in metro Dallas. This marks another important milestone in the company’s previously announced plan to grow capacity by adding 900 net new doors nationally by the first quarter of 2024.

GREENWICH, Conn. , Aug. 22, 2023 (GLOBE NEWSWIRE) -- Eight drivers from XPO (NYSEXPO), a leading provider of freight transportation in North America, took home top awards at the 2023 National Truck Driving Championships (NTDC). The championships were held in Columbus, Ohio from August 16 to 19. 

GREENWICH, Conn. , Aug. 04, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced its financial results for the second quarter 2023, reflecting a solid performance in a soft industry environment for freight transportation. The company reported revenue of $1.92 billion and diluted earnings from continuing operations per share of $0.27.

GREENWICH, Conn., July 19, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) today announced the promotion of Kyle Wismans to the position of chief financial officer, effective August 11, 2023. Wismans currently serves as XPO’s senior vice president, revenue management and finance, after joining the company in 2019 as senior vice president, financial planning and analysis. He will succeed CFO Carl Anderson, who is stepping down to rejoin a former colleague in an industry where he worked for over a decade. 

GREENWICH, Conn., July 13, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today announced the completed expansion of its Norcross, GA service center, substantially expanding capacity in metro Atlanta. This marks another important milestone in the implementation of the company’s previously announced plan to grow capacity in its North American network with 900 net new doors nationally by the first quarter of 2024. 

GREENWICH, Conn. , July 10, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its second quarter conference call and webcast on Friday, 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.

GREENWICH, Conn. , July 10, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today announced that 41 of its drivers will represent the company at this year’s National Truck Driving Championships (NTDC), known as the "Super Bowl of Safety.” Each of the drivers earned finalist status by winning first place in a state-level competition and will compete for a national title from August 16 to 19 in Columbus, Ohio.

GREENWICH, Conn. , June 22, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, today announced the completion of an expansion of its Salt Lake City service center. This is part of the company’s ongoing strategy to grow the capacity of its North American network and increase opportunities to serve customers and win new business. 

GREENWICH, Conn., June 06, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) freight transportation in North America, today reported certain LTL segment operating metrics for May 2023. LTL tonnage per day declined 2.3%, as compared with May 2022, attributable to a year-over-year increase of 1.8% in shipments per day and a decrease of 4.0% in weight per shipment.

GREENWICH, Conn. , May 17, 2023 (GLOBE NEWSWIRE) -- XPO, Inc. (“XPO” or the “company”) (NYSEXPO) today announced the pricing of its $700 million secured term loan facility (the “Term Loan Facility”), $830 million of Senior Secured Notes due 2028 (the “Secured Notes”) and $450 million of Senior Unsecured Notes due 2031 (the “Unsecured Notes,” and together with the Secured Notes, the “Notes”).  

GREENWICH, Conn. , May 17, 2023 (GLOBE NEWSWIRE) -- XPO, Inc. (“XPO” or the “company”) (NYSEXPO) announced today that, subject to market and other conditions, it intends to offer through one or more private placements $830 million in aggregate principal amount of senior secured notes due 2028 (the “Secured Notes”) and $450 million in aggregate principal amount of senior unsecured notes due 2031 (the “Unsecured Notes” and together with the Secured Notes, the “Notes”). The Notes are being offered in addition to the previously announced proposed $700 million senior secured term loan facility (the “New Term Loan Facility”). 

GREENWICH, Conn., May 15, 2023 (GLOBE NEWSWIRE) -- XPO, Inc. (“XPO” or the “company”) (NYSEXPO) today announced that it intends to refinance a portion of its existing senior secured term loan facility due February 2025 with approximately $700 million of new senior secured term loans maturing in 2028 (the “Term Loan Refinancing”). In connection with the Term Loan Refinancing, XPO anticipates refinancing additional amounts outstanding under its existing senior secured term loan facility and paying related fees, expenses and accrued interest with the proceeds of approximately $830 million of additional senior secured debt and approximately $450 million of additional senior unsecured debt, subject to market and other conditions. The remaining portion of XPO’s existing term loans are expected to be repaid with cash on hand in the second quarter of 2023. 

GREENWICH, Conn. , May 10, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, announced that it has renewed its long-standing commitment as the official transportation partner of the Susan G. Komen® 3-Day fundraising walks through 2025.

Revenue growth to $1.9 billion, and diluted EPS of $0.15

GREENWICH, Conn., April 20, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) freight transportation, today announced that Dave Bates is joining the company as chief operating officer, North American LTL, effective April 21, 2023. 

GREENWICH, Conn., April 17, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of freight transportation in North America, has been named a VETS Indexes 4 Star Employer as part of the 2023 VETS Indexes Employer Awards. The award recognizes employers’ commitment to recruiting, hiring, retaining, developing and supporting veterans and the military-connected community. 

GREENWICH, Conn. , April 13, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO) will hold its first quarter conference call and webcast on Thursday, May 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.

GREENWICH, Conn., April 07, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) transportation in North America, has been named National LTL Carrier of the Year by third-party logistics company GlobalTranz, a technology-enabled shipping solutions provider that is part of the Worldwide Express family of brands. This is the third year in a row that XPO is receiving an award from GlobalTranz for commitment to excellence. 

GREENWICH, Conn. , March 30, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) transportation in North America, has been named 2022 National Carrier of the Year by Echo Global Logistics, a Fortune 1000 3PL provider. XPO received the award for exceeding Echo’s quality-of-service standards in 2022, while managing record volume as the 3PL’s largest LTL carrier relationship. 

Diana Brown, Marissa Christensen and Jay Silberkleit recognized for accomplishments in customer relations and technology

GREENWICH, Conn. , March 14, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) transportation in North America, today announced that Senior Service Center Manager Kimberly Torres has been named a Top Woman to Watch in Transportation by the Women In Trucking Association. The 2023 Top Women to Watch awards highlight role models for gender equality in the traditionally male-oriented transportation sector.

GREENWICH, Conn., March 13, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) freight transportation in North America, today announced that 254 of its professional truck drivers reached new safety milestones in 2022: achieving one million, two million or three million miles of accident-free driving. Collectively, these drivers have covered more than 318 million accident-free miles over their careers.

GREENWICH, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) freight transportation in North America, today announced that J. Wes Frye has joined the company’s board of directors, effective immediately. His appointment expands the composition of the board to nine members, of which seven are independent directors.

GREENWICH, Conn., Feb. 28, 2023 (GLOBE NEWSWIRE) -- XPO (NYSEXPO), a leading provider of less-than-truckload (LTL) transportation in North America, today announced that it has been named National LTL Carrier of the Year by MODE Global, one of the largest 3PL transportation platforms in North America. XPO and MODE have worked together to provide quality LTL shipping solutions for customers for over a decade. 

GREENWICH, Conn. and ANN ARBOR, Mich. , Feb. 15, 2023 (GLOBE NEWSWIRE) -- Freight transportation company XPO (NYSEXPO) has been named one of America’s Best Large Employers by Forbes magazine. This is the third time XPO has made Forbes’ Best Employer rankings.

Reports fourth quarter growth in North American LTL year-over-year, including 26% increase in operating income and 20% increase in adjusted EBITDA