Category: News

XPO Reports Higher 2Q Revenue, Operating Income; Plans Another Stock Offering

XPO Logistics reported that revenue and operating income will be higher compared to a year ago, in a preview of the formal release of the company’s second-quarter results Aug. 2. Meanwhile, XPO also alerted the U.S. Securities and Exchange Commission that it plans to issue 11 million new shares of stock at a date that it will specify later.