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XPO / XPO Logistics stock soars nearly 9% after company to split itself into two businesses

XPO Logistics stock soars nearly 9% after company to split itself into two businesses
XPO Logistics Inc. XPO, +2.72% stock rallied more than 8% in the extended session Tuesday after the logistics company announced plans to split itself into two publicly traded companies, a deal it said would be tax-free to shareholders. One of the companies would encompass XPO's freight brokerage business, which matches loads from shipping customers to available trucks to carry them, and the other its U.S. trucking business. Read More
Posted: Mar 8 2022, 17:17
Author Name: Market Watch
Views: 110540

XPO News  

Why XPO Stock Jumped This Week

By The Motley Fool
November 3, 2023

Why XPO Stock Jumped This Week

XPO beat estimates on the top and bottom lines. The company is delivering market share gains in the wake of the Yellow bankruptcy and improving custom more_horizontal

Up 132% This Year, Is It Too Late to Buy This Hot Growth Stock?

By The Motley Fool
November 1, 2023

Up 132% This Year, Is It Too Late to Buy This Hot Growth Stock?

The LTL carrier beat estimates on the top and bottom lines. XPO is gaining market share and its profitability is improving. more_horizontal

XPO CEO Mario Harik on Q3 earnings beat

By CNBC Television
October 30, 2023

XPO CEO Mario Harik on Q3 earnings beat

XPO CEO Mario Harik joins 'The Exchange' to discuss company's earnings beat, the health of the trucking industry, and more. more_horizontal

XPO, Inc. (XPO) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 30, 2023

XPO, Inc. (XPO) Q3 2023 Earnings Call Transcript

XPO, Inc. (NYSE:XPO ) Q3 2023 Earnings Conference Call October 30, 2023 8:30 AM ET Company Participants Mario Harik - Chief Executive Officer Kyle Wis more_horizontal

Why XPO Stock Is Accelerating Today

By The Motley Fool
October 30, 2023

Why XPO Stock Is Accelerating Today

XPO exceeded earnings and revenue expectations for the quarter. The company is running more efficiently than it was a year ago, and has seen quality i more_horizontal

XPO Earnings Show It Isn't Always the Economy That Drives Improvement

By Barrons
October 30, 2023

XPO Earnings Show It Isn't Always the Economy That Drives Improvement

LTL trucker XPO reports third-quarter Ebitda of $278 million, up from $262 a year ago. more_horizontal

XPO: Why I Am Cautious

By Seeking Alpha
October 24, 2023

XPO: Why I Am Cautious

XPO has posted a total return of ~117% so far in 2023, significantly outperforming the S&P 500. The company's strong performance is driven by a strong more_horizontal

XPO Schedules Third Quarter 2023 Earnings Conference Call for Monday, October 30, 2023

By GlobeNewsWire
September 29, 2023

XPO Schedules Third Quarter 2023 Earnings Conference Call for Monday, October 30, 2023

GREENWICH, Conn. , Sept. 29, 2023 (GLOBE NEWSWIRE) -- XPO  (NYSE: XPO) will hold its third quarter conference call and webcast on Monday, October 30 more_horizontal


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