XPO Logistics will not sell its truckload division, but use the former Con-way Truckload to increase its U.S.-Mexico cross-border business.
29 Jan 2016
XPO Logistics is moving rapidly to reorganize the less-than-truckload business acquired from Con-way last fall, cutting back-office and management positions while rolling out new technology for dockworkers and truck drivers.
27 Jan 2016
Departures, both voluntarily and otherwise, in the wake of XPO Logistics’ takeover of Con-Way last year are leading to a migration of some executives to XPO's rival YRC Worldwide and leaving others in limbo.
18 Jan 2016
XPO plans to put the former Con-way Freight's outsourced linehaul work up for bid for the first time in years, part of a broader plan to seek greater savings in its logistics and transportation businesses, chairman and CEO Bradley S. Jacobs said.
02 Dec 2015
The surge in acquisitions keeps building, as truckload carrier Transport America, acquired last year by TransForce, buys logistics company Optimal Freight.
21 Nov 2015
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.