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XPO (and Express-1) Report Fourth Quarter and Full Year 2011 Results

ATeam

ATeam

Senior Member
Retired Expediter
XPO Logistics Reports Fourth Quarter and Full Year 2011 Results


Excerpt:
  • The Express-1 business generated total revenue of $20.3 million, a 10.1% improvement from the same period in 2010. The increase in revenue primarily reflects growth in cross-border-Mexico and temperature-controlled transactions. Gross margin percentage was 20.9%, compared with 19.5% in 2010. Express-1’s operating income was $1.8 million for the quarter, a 94.2% increase from the same period last year. The increase in operating income for the quarter primarily reflects a more disciplined focus on pricing and lower incentive compensation.

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(Full disclosure: Diane and I own shares of XPO)
 
Last edited:
moose

moose

Veteran Expediter
Not to mention much better overall economy, all across industry business improvement, the mild winter,
AND higher FSC charges/profits.(do to a simple higher fuel prices).
& so on.

question is, how much of it they give back to the share holders (wrong),
vs stabilizing the carrier for a just in case scenario (right).
when the industry is doing well, many are doing even better,
when the industry is hurting, a few are doing Excellent .
with our fragile economy, a stabilized carrier will soar when & if the bottom fall off.
(look what Hartland Express did in '09 )


BTW, did anyone noticed what BOLT just did ? :) !!!
 
paullud

paullud

Veteran Expediter
ntimevan said:
Ok i'll bite what did Bolt do now ?
Click to expand...

They finished buying Strike Logistics. I would make sure to request the rate confirmations on loads just to make sure they aren't passing loads through the brokerage to take more money from you.

Sent from my ADR6400L using EO Forums
 
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