Comment / XPO plays the get-out-of-jail card

ID 176613086 © Serhii Reshetylov | Dreamstime.com

Shameless bragging rights. It was a month ago when, in the wake of a new record in the $61-a-share area*, we wrote: “No speed limit for XPO, the 2023 leader“.

That was quite brave.

(*Look now, its value-accretive story adjusted for various spin-offs to derive XPO trends from the old XPO Logistics, is shown in the table below. Notably, with XPO + RXO + GXO pro-forma at $156 on an aggregate basis, we are also about three bucks a share above record XPO Logistics pre-break-up.)

Ever since 10 ...