Associated tags: Transport, LTL, XPO, NYSE
Locations: NEW JERSEY, GEORGIA, SALT LAKE CITY, RHODE ISLAND, OHIO, NORCROSS, GA, HOUSTON, TX, HARTFORD, CONNECTICUT, MARINES, JACOBS, GREENWICH, CT, US, LANDOVER, NORTH AMERICA, TEXAS, BALTIMORE, MARYLAND, NEVADA, DALLAS, WASHINGTON, DC, ARIZONA, TENNESSEE, GRAND JUNCTION, COLORADO, NASHVILLE, MEXICO, GOODLETTSVILLE
The new site, XPO’s second in Las Vegas, also enables faster service to local customers and more efficient routing of freight across the Southwest and Rockies.
Key Points:
- The new site, XPO’s second in Las Vegas, also enables faster service to local customers and more efficient routing of freight across the Southwest and Rockies.
- Las Vegas is a vital shipping gateway for our customers and a major destination for trade shows and conventions.
- Las Vegas, Nevada: XPO’s new 36,000 square foot Las Vegas service center is one of the area’s largest trucking facilities.
- This center will reduce travel times to customers in the region and expand capacity to meet growing freight demand across the area.
Mario Harik, chief executive officer of XPO, said, “Our strong first quarter financial results exceeded expectations, giving us a solid start to 2024.
Key Points:
- Mario Harik, chief executive officer of XPO, said, “Our strong first quarter financial results exceeded expectations, giving us a solid start to 2024.
- North American Less-Than-Truckload (LTL): The segment generated revenue of $1.22 billion for the first quarter 2024, compared with $1.12 billion for the same period in 2023.
- Operating income was $165 million for the first quarter 2024, compared with $103 million for the same period in 2023.
- Adjusted EBITDA for the first quarter 2024 was $255 million, compared with $182 million for the same period in 2023.
GREENWICH, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that it has been named a VETS Indexes 4 Star Employer.
Key Points:
- GREENWICH, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that it has been named a VETS Indexes 4 Star Employer.
- George Altman, president of VETS Indexes, said, “The extraordinary efforts of XPO to hire, retain and support veterans and the military-connected community have earned one of our highest awards.
- Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated.
- Even with hundreds of employers in the running, the veteran program at XPO stood out from the rest.
Retrieved on:
Wednesday, April 10, 2024
These are the first sites to begin operations among the 28 locations that XPO acquired from Yellow Corporation in December 2023.
Key Points:
- These are the first sites to begin operations among the 28 locations that XPO acquired from Yellow Corporation in December 2023.
- With these three new locations, XPO’s North American network now includes 297 service centers.
- Each service center is in a prime position to enhance our nationwide capacity, service excellence and operating efficiency.
- Nogales, Arizona: Located on a four-acre site just minutes from the southern US border, this facility will provide additional support for XPO to meet the rapidly growing need for cross-border freight service to and from Mexico.
GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today is celebrating the 30th anniversary of its in-house trailer manufacturing facility in Searcy, Arkansas.
Key Points:
- GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today is celebrating the 30th anniversary of its in-house trailer manufacturing facility in Searcy, Arkansas.
- XPO is the only freight transportation company in the US to manufacture its own trailers.
- Our in-house manufacturing facility enables us to maintain our trailer fleet at a lower cost, while quickly adapting to our customers' changing needs.
- Located at 2001 South Benton St. in Searcy, the factory features six production lines across 200,000 square feet of manufacturing space.
GREENWICH, Conn., April 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its first quarter conference call and webcast on Friday, May 3, at 8:30 a.m. Eastern Time.
Key Points:
- GREENWICH, Conn., April 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) 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 .
- A replay of the conference call will be available until June 2, 2024, by calling toll-free (from US/Canada) 1-877-660-6853; international callers dial +1-201-612-7415.
- Additionally, the call will be archived on www.xpo.com/investors .
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.
Key Points:
- 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.
- The MODE carrier awards are based on specific performance criteria, including service quality, flexibility and responsiveness, technological capabilities, exception management and overall customer service.
- XPO was cited for its commitment to excellent service and exceptional performance as a business partner of MODE Global.
- MODE is excited to honor XPO for a second consecutive year as national carrier of the year.”
Mario Harik, chief executive officer of XPO, said, “We are proud to receive this award for a second time.
Retrieved on:
Wednesday, March 13, 2024
GREENWICH, Conn. , March 13, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that four of its executives have been named “Pros to Know” by Supply & Demand Chain Executive (SDCE) magazine.
Key Points:
- GREENWICH, Conn. , March 13, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that four of its executives have been named “Pros to Know” by Supply & Demand Chain Executive (SDCE) magazine.
- For the first time, the awards were given in four categories – top shippers, rising stars, lifetime achievement and top procurement pros.
- This is the fourth consecutive year leaders from XPO have made SDCE’s Pros to Know list.
- XPO’s 2024 SDCE winners are:
Kevin Flynn (top shipper award), vice president, national sales, who oversees XPO’s high-achieving XPO national sales team.
GREENWICH, Conn. , March 11, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that senior service center manager Tena Fisher and vice president of human resources Nicole Neumann have been named 2024 Top Women to Watch in Transportation by the Women In Trucking Association.
Key Points:
- GREENWICH, Conn. , March 11, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, announced today that senior service center manager Tena Fisher and vice president of human resources Nicole Neumann have been named 2024 Top Women to Watch in Transportation by the Women In Trucking Association.
- Tena Fisher is a 26-year veteran of freight transportation and has served as an inspiration to other women looking to advance at XPO.
- Having spent the majority of her career working in supply chain and transportation, she created a successful HR path for herself and mentored countless women along the way.
- Through development programs and outreach initiatives, Neumann has advocated for personal growth and professional advancement opportunities for all employees across XPO.
GREENWICH, Conn. , March 05, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for February 2024.
Key Points:
- GREENWICH, Conn. , March 05, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), 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.
