XPO news

The company provided details for its full year 2026 on items including capex projections, adjusted EBITDA CAGR, and adjusted operating ratio improvement. The release omits specific dollar amounts, suggesting it is an early-view strategic framework ahead of official financial reporting.

XPO reported diluted earnings of $1.53 per share in Q3 2026, up from $0.68 a year prior, while revenue increased to $2.37 billion, reflecting improved performance in its key transportation segments.

XPO Inc. appointed veteran executive Michael Kneeland to its board, expanding the independent board count to seven. The non-executive chairman of United Rentals brings significant operational and capital allocation experience to the transportation leader.

XPO reported preliminary May 2026 LTL operating metrics showing modest tonnage growth driven by a 3.3% increase in shipments per day, partially offset by a 2.7% decrease in weight per shipment. The data suggests steady but modest demand in the North American less-than-truckload freight sector.

XPO, Inc. executed Amendment No. 11 to its senior secured credit agreement, offering existing lenders the opportunity to exchange and convert Term B-2 and Term B-3 loans into Extended Term B Loans maturing in 2031. The refinancing action provides debt maturity management and demonstrates the company…