XPO D
D
XPO
116.965
USD
-1.76
(-1.48%)
Market Closed
Volume
42,163
EPS
3
Div Yield
-
P/E
36
Market Cap
13,779,241,834
News
Title: XPO
Sector: Industrials
Industry: Trucking
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. We estimate LTL shipping makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.