XPO - Analysis & News - XPO Logistics, Inc, Seeking Alpha

Xpo logistics inc. Market Cap 14.5 Billion. XPO Logistics, Inc. engages in the provision of supply chain solutions. It operates through the Transportation and Logistics segments. The Transportation segment includes freight brokerage, last mile, less-than-truckload, full truck load, and global forwarding services. The Logistics segment refers to supply chain or contract logistics, which offers customized solutions, temperature-controlled warehousing, omnichannel logistics e-fulfillment, and transportation management. The company was founded by Michael Welch and Keith Avery in May 1989 and is headquartered in Greenwich, CT. Country: United States. 09/17/18 • Niloofer Shaikh. XPO Logistics' (NYSEMKT:XPO) retail logistics volume rose 20% Y/Y in August, primarily driven by consumer demand for e-commerce and omnichannel retail fulfilment. Troy Cooper, president of XPO Logistics, said, "We're ramping up for the holiday season and another significant increase in e-commerce activity. We expect to add 8,000 seasonal jobs before November - a significant increase over last year's holiday hiring. Our modern warehouses are filled with automation that is an attractive choice for workers and helps us to be as productive as possible for our customers." 08/31/18 • Leo Nelissen. XPO beat both EPS and sales expectations in the second quarter. The company continues to show tremendous results in an environment of strong economic growth and accelerating (online) retail sales. Even though the company's stock is not a bargain, I expect the stock price to continue its rally. XPO Logistics has been greatly expanding its operations around the world. As E-Commerce continues to grow the company's services become demanded more often. The company is experiencing great growth, but shares have already appreciated and may not offer a good value at this time. Truck driver shortage could pressure margins. 08/07/18 • SA Editor Clark Schultz. • SA Editor Clark Schultz. Oppenheimer is singing the praises of XPO Logistics (XPO -0.4% ) after the company's "top to bottom" Q2 outperformance. Analyst Scott Schneeberger points to XPO's double-digit organic growth and $1B worth of new annual business wins. Schneeberger on XPO: "It's closed $2.1B (annual revenue) in 1H18 ( $1.1B in 2Q18), which follows $2.8B in 2017. This extends the probability of elevated organic growth in coming quarters/years as these new contracts ramp on a lag. Pairing XPO's momentum with the potential for sizable, accretive acquisitions on the horizon, we reiterate our Outperform rating." Oppenheimer has a 12-month to 18-month price target of $119 on XPO. The 52-week high is $115.49.