Less-than-truckload shipments increased marginally in the first nine months of 2015, as freight revenue plummeted, thanks largely to the drop in fuel surcharges, SJ Consulting Group says.
04 Nov 2015
Riding a flurry of acquisitions, XPO Logistics’ third-quarter earnings this year exceeded company targets and Wall Street expectations.
23 Oct 2015
XPO Logistics Chairman and CEO Brad Jacobs spoke with Alessandra Barrett, senior content editor, at the JOC Inland Distribution Conference in Memphis, Tennessee, about his company’s fast growth through about $7 billion in acquisitions this year. Jacobs, a keynote speaker at the conference is close to completing the acquisition of U.S. trucking and logistics company Con-way for $3 billion.
09 Oct 2015
Under XPO, Con-way Freight will offer economy as well as priority service, and XPO will pursue opportunities to leverage trucking networks on both sides of the Atlantic, Jacobs told the JOC Inland Distribution Conference.
09 Oct 2015
After a flurry of acquisitions the past four years, XPO Logistics, the fastest-growing company in trucking and logistics, is going to take a breather to integrate backroom services and take hundreds of millions of dollars of cost out of its operations.
02 Oct 2015
To own or not to own assets: that is the question facing third-party logistics and transport operators in a world where the supply and cost of shipping capacity, on land at least, is increasingly uncertain. XPO Logistics believes it has an answer: Do both.
29 Sep 2015
XPO Logistics’ pending purchase of less-than-truckload carrier Con-way is the latest sign that the lines between asset-light third-party logistics providers and asset-based motor carriers are blurring, XPO Chairman and CEO Bradley S. Jacobs said Monday.
12 Sep 2015
XPO's experience with Norbert Dentressangle, a major logistics company and truck operator in Europe, informed its decision to buy Con-way and operate a "blended capacity mix" of owned, contracted and independent trucks and carriers, Chairman and CEO Bradley S. Jacobs said.
10 Sep 2015
XPO Logistics doesn’t take little steps. The $3 billion acquisition of Con-way, the second largest less-than-truckload operator as well as a major U.S. non-asset logistics player and truckload hauler, is not only transformational for XPO, but possibly for the LTL industry as a whole.
04 Sep 2015
Hervé Montjotin, who led Norbert Dentressangle before its acquisition by XPO Logistics earlier this year, has abruptly resigned from the position of CEO of XPO Logistics Europe.
05 Aug 2015
XPO Logistics raised its 2019 revenue target to $23 billion, more than triple its $9 billion revenue run rate in mid-2015. A "two-pronged" pipeline of potential acquisitions in North America and Europe will help XPO meet that goal, CEO Bradley S. Jacobs said.
09 Jun 2015
XPO Logistics closed on the acquisition of 67 percent of European 3PL Norbert Dentressangle, adding the $5.5 billion company to its fold. The question is, what will XPO buy next?