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?
01 Jun 2015
XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion bond sale to help finance its latest acquisitions and prepare for more.
05 May 2015
Fresh off the announcement of yet another acquisition, XPO Logistics’ hunger can’t be sated with CEO Bradley Jacobs eying more deals in Europe and North America.
04 May 2015
XPO Logistics will nearly triple its drayage capacity through the acquisition of Bridge Terminal Transport for $100 million.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.
19 Feb 2015
Multimodal logistics operator XPO sees opportunities as well as challenges in the West Coast container pileup, as shippers struggle to move freight inland.