

XPO Inc
(NYSE:XPO)
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.
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![]() Susie LeeHouse (D-NV) | $1K - $15K | stock | Sale | Aug 13, 2021 | Jul 27, 2021 | House |