Recent Updates — XPO

XPO reported third-quarter 2026 results with diluted earnings per share of $1.53, compared to $0.68 in the prior-year period. Adjusted diluted EPS reached $1.70, up from $1.07. Revenue increased 12.4% year-over-year to $2.37 billion, driven by a 17.4% rise in North American Less-Than-Truckload segment revenue to $1.47 billion and a 5.0% increase in European Transportation revenue to $900 million. Operating income more than doubled to $288 million from $164 million, while net income rose to $181 million from $82 million. The company generated $415 million in operating cash flow and completed $150 million in share repurchases during the quarter. XPO is a leader in asset-based less-than-truckload freight transportation in North America.

XPO, Inc. filed an 8-K on July 30, 2026, under Item 7.01 to furnish an investor presentation for Q2 2026. The company reported consolidated revenue of $2.36 billion and adjusted EBITDA of $434 million, representing year-over-year increases of 13% and 25%, respectively. North American LTL operations achieved a record adjusted operating ratio of 79.9%, improving by 300 basis points, with adjusted diluted EPS rising 56% to $1.70. For full-year 2026, management provided planning assumptions including gross capex of $500 million to $600 million and an adjusted effective tax rate of 23% to 24%. XPO operates in the transportation and logistics industry, providing less-than-truckload (LTL) and full truckload services.

XPO, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. The company generated revenue of $2.355 billion, a 13.2% increase from $2.08 billion in the prior year period. Diluted earnings per share rose to $1.36 from $0.89, while adjusted diluted EPS increased to $1.70 from $1.05. Operating income reached $271 million compared to $198 million previously, and net income was $162 million versus $106 million. The North American Less-Than-Truckload segment drove growth with revenue of $1.428 billion and adjusted operating income of $287 million. XPO operates in the freight transportation industry, providing asset-based less-than-truckload logistics services.

XPO, Inc. appointed Michael Kneeland to its Board of Directors, effective July 27, 2026. Kneeland, the non-executive chairman of United Rentals and former CEO of the same company, joins the board as a non-employee director. His compensation includes an annual cash retainer of $80,000 and an annual restricted stock unit grant valued at $190,000. The appointment expands the company's board to eight members, seven of whom are independent. XPO, Inc. is a freight transportation provider specializing in asset-based less-than-truckload (LTL) services in North America.