GXO Logistics

XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.

This week: DHL reaches its 2 billion COVID-19 vaccine delivery milestone, United Petroleum names its Driver of the Year and GXO donates over 20,000 pounds of food to families in Europe.

Los transportadores que modificaron su identidad a través de fusiones y adquisiciones en el último año

Several asset-based carriers changed their course through M&A in 2021.

Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.

GXO Logistics will open an e-commerce warehouse in Atlanta for MYXfitness, an at-home fitness brand.

Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.

Big volumes of container traffic are hitting GXO’s facilities, Wilson says.

Saks will leverage GXO’s logistics expertise to fulfill e-commerce orders from a new Pennsylvania fulfillment center.

The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.

Also on this week’s podcast: A shoutout to fuel surcharges.

Companies will demand a full, scalable suite of services from their partners over the next few years, leading to widespread consolidation and the emergence of a handful of clear leaders with considerable market share.

XPO Logistics announced a 5 million-share equity offering on Monday. Half of the stock would be a new issuance from the company with the other half being sold by an affiliate of Brad Jacobs, XPO’s chairman and CEO.

CIO named for soon-to-be-spun-off company