Offshore Drilling Stocks: Mixed Performances in March
As of March 29, Ensco’s stock price has dropped 1.1% since the beginning of the month. The stock is trading 53.7% lower than its 52-week high.
In 2017, XPO was the second-largest LTL (less-than-truckload) group in the country.
Currently, 17 analysts are covering XPO Logistics, 16 of which rated the company as a “buy.”
In 2013, XPO acquired National Logistics Management for $87.0 million, making XPO Logistics a leader in expedited shipments in the US.
The average duration of an XPO logistics contract with a customer is five years.
XPO uses a proprietary technology called Rail Optimizer for its intermodal services.
XPO provides global forwarding services for domestic, international, and cross-border shipments and views this as a $150.0 billion industry.
XPO Logistics (XPO) has the largest road transportation fleet in Europe.
XPO has an LTL network of 283 facilities in the country and 12 in Canada.
By the end of 2017, XPO Logistics operated 55 XPO last-mile hubs in North America and expects to grow this network to 85 hubs in 2018.