XPO News and Press, XPO Logistics Inc.

2024-06-26 10:20:35 ET Summary FedEx stock is up double-digits after its quarterly report, but it is still reasonably priced with good growth prospects and cost-saving initiatives. FedEx Freight can offer a good value-creation opportunity. The company has a positive revenue gr...

2024-06-24 12:36:22 ET Raymond James trimmed its price target for the major less-than-truckload ( LTL ) freight carriers (FDX, SAIA, XPO, ODFL) but maintained a bullish outlook as the overall tonnage environment seems to have returned to more historical patterns given that March was the...

2024-06-21 05:58:32 ET Summary Transport stocks are mired in a freight recession, yet reshoring and improving operating efficiencies leave high-quality operators well positioned for an economic recovery. LTL operators have higher barriers to entry and more margin expansion potenti...

2024-06-12 09:00:06 ET Bascome Majors from Susquehanna issued a price target of $145.00 for XPO on 2024-06-12 07:22:00. The adjusted price target was set to $145.00. At the time of the announcement, XPO was trading at $107.04. The overall price target consensus is at $10...

GREENWICH, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), 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...

2024-06-05 11:13:36 ET As one of the top three performing transport stocks over the past three freight cycles, and with a high return on investment capital and steady stream of investment opportunities, Old Dominion Freight Line ( NASDAQ: ODFL ) was initiated at BMO Capital with an ...

2024-06-01 02:55:04 ET Summary XPO's historical financial results show consistent revenue growth, although 2023's growth was modest due to a soft freight transportation environment. Furthermore, profit margins have expanded year-over-year as well. Its strong market positioning in ...

2024-05-30 12:53:11 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The latest Federal Open Market Committee ( FOMC ) minutes outlined delayed interest rate cuts. These are an effort to clamp down on inflation, noting “fewer cuts this year than previ...

2024-05-23 22:00:04 ET Bruce Chan from Stifel Nicolaus issued a price target of $120.00 for XPO on 2024-05-23 20:18:00. The adjusted price target was set to $120.00. At the time of the announcement, XPO was trading at $105.4. The overall price target consensus is at $104...

2024-05-21 06:37:29 ET Summary Invesco S&P MidCap Momentum ETF had a strong performance, up over 21% in 2023 and 29% YTD. The S&P MidCap 400 index has consistently outperformed the S&P 500. Momentum stock selection works and is augmented in the Mid-cap asset class,...