Wire
8:47 AM ET
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
GXO Logistics
$51.28
+1.14%
Open
$50.83
Prev close
$50.70
Day high
$51.72
Day low
$50.18
As of (UTC)
2026-07-02 12:45:07
Price history
52W High
$65.59
52W Low
$45.45
Avg vol 30d
0
$45.45
$65.59
52-week range · current $51.28 at 29%
1W
+2.58%
1M
+2.54%
3M
-3.28%
6M
-6.25%
YTD
-5.56%
1Y
+1.48%
5Y
-5.91%
Company
GXO Logistics Inc
Industry
Logistics & Transportation
IPO
Jul 22, 2021
Market cap
$5.77B
Shares out
115.05M
Latest quarter
Revenue
$3.30B
▲ +10.8% YoY
Net income
$4.00M
▲ +104.2% YoY
EPS (diluted)
$0.03
▲ +103.7% YoY
Op. cash flow
$31.00M
89%
Recent news
Recent SEC filings
Analyst consensus
Strong buy
Buy
Hold
Sell
Strong sell
Jun '26
May '26
Apr '26
Mar '26
Feb '26
Quarterly financials
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.30B | — | — | — | $2.98B | — | — | — | $2.46B | — | — | — | $2.32B | — | — | — | $2.08B | — | — | — |
| Operating income | $39.00M | — | — | — | -$56.00M | — | — | — | -$39.00M | — | — | — | $42.00M | — | — | — | $37.00M | — | — | — |
| Net income | $4.00M | — | — | — | -$96.00M | — | — | — | -$37.00M | — | — | — | $25.00M | — | — | — | $37.00M | — | — | — |
| Op. cash flow | $31.00M | — | — | — | $29.00M | — | — | — | $50.00M | — | — | — | $39.00M | — | — | — | $46.00M | — | — | — |
| EPS (diluted) | $0.03 | — | — | — | $-0.81 | — | — | — | $-0.31 | — | — | — | $0.21 | — | — | — | $0.32 | — | — | — |
| EPS (basic) | $0.03 | — | — | — | $-0.81 | — | — | — | $-0.31 | — | — | — | $0.21 | — | — | — | $0.32 | — | — | — |
| Total assets | $12.19B | $12.26B | $11.91B | $11.93B | $11.32B | $11.27B | $11.90B | $11.36B | $9.38B | $9.51B | $9.09B | $9.13B | $9.09B | $9.22B | $8.81B | $8.71B | $7.13B | $7.27B | $7.13B | $7.07B |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | $1.63B | $1.70B | $1.74B | — | — | — | — | — | — |
| Stockholder eq. | $2.97B | $2.98B | $2.96B | $2.98B | $2.90B | $3.04B | $3.14B | $2.93B | $2.90B | $2.95B | $2.82B | $2.81B | $2.72B | $2.68B | $2.60B | $2.56B | $2.38B | $2.39B | $2.34B | $2.91B |
Source: SEC EDGAR XBRL filings. Discrete quarter figures derived from each 10-Q (or 10-K for fiscal-year close). Negative values shown in red.
Data is provided for informational purposes only and is not investment advice. Quotes may be delayed by up to 5 minutes. SEC filing metadata is pulled from EDGAR; analyst consensus from Finnhub. Carrier Atlas is not a registered broker-dealer or investment adviser.
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CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%
KNX$77.37 -0.64%
WERN$43.82 +0.48%
MRTN$17.45 +0.58%
HTLD$15.16 -0.39%
USX$24.26 -0.57%
SNDR$36.40 -0.36%
JBHT$290.07 +0.22%
CVLG$44.83 +1.47%
ODFL$217.96 +0.63%
SAIA$418.15 -0.71%
ARCB$139.82 -2.59%
XPO$207.06 +0.86%
FWRD$14.09 +4.29%
HUBG$44.78 +2.26%
FDX$313.89 +0.24%
UPS$109.54 +1.90%
CHRW$191.27 +1.56%
LSTR$207.35 +0.26%
GXO$51.28 +1.14%
RXO$27.74 +0.54%
EXPD$166.81 +2.35%
RLGT$9.52 +0.63%
ZIM$25.23 -2.96%
MATX$203.92 +6.08%
SBLK$24.81 -0.64%
SFL$10.25 +0.49%
KEX$130.97 -3.68%
NSC$318.99 +1.40%
UNP$277.73 +2.11%
CSX$48.33 +1.68%
CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%