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A freight transportation company that moves less-than-truckload (LTL) shipments—where multiple customers' goods share one trailer—across North America and Europe, serving tens of thousands of shippers with day-definite delivery to nearly every U.S. zip code. It traces its roots to Express-1 Expedited Solutions, founded in 1989, which entrepreneur Brad Jacobs acquired in 2011 and rebuilt into today's XPO. The name comes from the "XPO" stock ticker the company already carried, kept as a short, memorable brand.
XPO appoints Michael Kneeland to board of directors effective July 27, 2026
Kneeland is non-executive chairman of United Rentals and former CEO of that company from 2007 to 2019.
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Michael Kneeland was appointed to XPO's board of directors on July 24, 2026, effective July 27, 2026.
He will serve an initial term until the 2027 annual meeting of stockholders.
As a non-employee director, he receives an annual cash retainer of $80,000 and an annual RSU grant of $190,000 in value.
On July 27, 2026, he received a prorated grant of 388 RSUs vesting on January 4, 2027.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 8.01 Other Events · 9.01 Financial Statements and Exhibits
XPO, Inc. refinances existing term loan B with new $385M Term Loan B and $500M Term Loan A facilities.
On May 29, 2026, XPO, Inc. entered into Amendment No. 11 to its existing Term Loan B Credit Agreement, creating a new 2026 Term Loan B Facility with an initial principal amount of $385 million.
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XPO also entered into a new Senior Secured Term Loan A Credit Agreement providing a $500 million Term Loan A Facility, drawn in full on the closing date.
Proceeds from both new facilities will be used to refinance all indebtedness under the existing Term Loan B Credit Agreement and pay related transaction costs.
The 2026 Term Loan B Facility matures on February 1, 2031, and the Term Loan A Facility matures on May 29, 2029, with a possible spring to 91 days before the maturity of the 2028 Notes under certain conditions.
Both facilities are secured by liens on substantially all of XPO's assets and those of its guarantor subsidiaries, with customary exceptions.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
XPO stockholders elect all director nominees and approve KPMG ratification and executive compensation at 2026 annual meeting
All seven director nominees were elected: Mario Harik, Bella Allaire, J. Wes Frye, Michael G. Jesselson, Allison Landry, Irene Moshouris, and Johnny C. Taylor, Jr., each receiving over 105 million votes for.
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XPO, Inc. held its 2026 annual meeting of stockholders on May 19, 2026.
Stockholders ratified the appointment of KPMG LLP as independent auditor for fiscal year 2026 with 110,661,351 votes for and 252,095 against.
The advisory vote on executive compensation was approved with 105,514,627 votes for and 1,094,492 against.
The report was filed under Item 5.07 to disclose the results of these stockholder votes.
5.07 Submission of Matters to a Vote of Security Holders