I'm not advocating for new terminals necessarily. I was trying to point out that a lot of the existing terminals are in desperate need of maintenance and some may even need expansion.
But from what is known so far about current upper management/ownership , there's little to no chance of reinvestment into the infrastructure of XPO's freight division.
In the few years that XPO has been at the helm , Old Dominion has been a goal. In that time OD has added new terminals , updated their tractors , raised their pay , watched their share price rise , and managed to stay competitive. Similarly , in my neck of the woods , FedEx has done the same ( even added a terminal in an area where XPO closed a terminal )
Old Dominion is more relevant comparison because their main business is freight. What is XPO's main business? What is the goal of XPO? To make money? For who? The largest shareholder?