Transportation & Logistics Company XPO Wins Bid To Acquire 28 Service Centers Of Bankrupt Yellow Corp., Sees EPS Accretion
Transportation & Logistics Company XPO Wins Bid To Acquire 28 Service Centers Of Bankrupt Yellow Corp., Sees EPS Accretion
XPO Inc (NYSE:XPO) disclosed winning an auction for 28 service centers of Yellow Corporation and its subsidiaries across the U.S. for around $870 million.
XPO Inc（紐約證券交易所代碼：XPO）透露，以約8.7億美元的價格贏得了Yellow Corporation及其在美國各地的28個服務中心的拍賣。
The auction, held on November 28, 2023, includes the assumption of three asset leases. This also comprises the right to designate, in consultation with Yellow, additional contracts that are related exclusively to the acquired assets, for 45 days following the consummation of the buyout.
拍賣於2023年11月28日舉行，包括三項資產租賃的假設。這還包括與Yellow協商，在收購完成後的45天內指定與所收購資產有關的額外合同的權利。
The buyout is at par with XPO's LTL 2.0 growth plan and is expected to be accretive to adjusted EBITDA and dilutive to adjusted EPS from continuing operations per share in 2024.
此次收購符合XPO的LTL 2.0增長計劃，預計將在2024年增加調整後的息稅折舊攤銷前利潤，稀釋至調整後的每股持續經營業務每股收益。
XPO projects the Yellow Asset Acquisition to be accretive to adjusted diluted earnings from continuing operations per share from 2025.
XPO預計，從2025年起，黃色資產收購將增加調整後的每股持續經營攤薄收益。
As of Q3-end, XPO had cash and cash equivalents of $335 million.
截至第三季度末，XPO的現金和現金等價物爲3.35億美元。
Yesterday, the company reported November 2023 operating metrics, with LTL tonnage per day decreasing 0.4% YY on a decline of 4.1% in weight per shipment and a rise of 3.8% in shipments per day.
昨天，該公司公佈了2023年11月的經營指標，每日零擔噸位同比下降0.4％，每批貨物的重量下降了4.1％，每天的出貨量增長了3.8％。
While announcing the November operating metrics, Mario Harik, chief executive officer said, "We're continuing to make good progress on a number of fronts in the fourth quarter despite the soft freight market...And our yield ex-fuel growth is tracking ahead of expectations for the quarter, with continued strength heading into 2024."
首席執行官馬里奧·哈里克在宣佈11月份的運營指標時表示：“儘管貨運市場疲軟，但我們在第四季度繼續在多個方面取得良好進展... 我們的除燃料外收益增長超出了本季度的預期，進入2024年將持續保持強勁勢頭。”
Price Action: XPO shares closed lower by 4.31% at $84.95 on Tuesday.
價格走勢：XPO股價週二收盤下跌4.31％，至84.95美元。