I know some on this board hold XPO like I do. Here is a recent article from Investors.com (IBD).
https://www.investors.com/research/industry-snapshot/logisti…
Transportation logistics companies are the increasingly tech-focused intermediaries that connect businesses with shipping companies, placing goods needing to be moved into the vehicles best able to haul and deliver them. The result typically drives down costs, increases speed and promotes healthy circulation of world commerce.
But even after a quarter in which XPO Logistics (XPO) saw an e-commerce holiday windfall, and demand for international air shipments lifted Expeditors International (EXPD), Wall Street remains preoccupied with the road ahead — as in, way ahead — for logistics providers and the transportation companies they serve.
…
As warehouses and trucking fleets strain to handle the extra volume [from e-tailors], trucking and logistics companies have been able to charge more for shipping and related services. As for demand, the produce season was strong over the summer, as was the home-and-garden season. Brisk holiday-season e-commerce helped buoy the end of 2017.
“When a new wave of buyers moves to online shopping, it bodes well for our future growth in contract logistics and last mile,” Scott Malat, XPO’s chief strategy officer, said on the company’s fourth-quarter earnings call in February. Schneider, on its earnings call in February, cited a “growing customer pipeline of notable e-tailers” that it said would help improve margins and be an area of “intense focus” for this year.
Sales in XPO’s last-mile business in North America — the final step of delivery between trucking or rail terminals and end customers — grew 21% in Q4. The company also noted that it “took care of our customers by using our technology to find capacity in a challenging market.”
…
Mentions: Competion form Amazon. Impact of Tesla electric trucks. Millinial not wanting those types of jobs, automation. Rumored Home Depot buyout of XPO, etc.