The second lowest reading yet for JOC Truckload Capacity Index reflects lower truck counts at some of the largest U.S. carriers in the fourth quarter. The actual drop in capacity is likely deeper, as carrier bankruptcies hit a three-year high in the quarter.
13 May 2013
Though focused on building XPO Logistics' truck brokerage business, CEO Bradley S. Jacobs hasn't ignored the company's Express-1 division, the fifth-largest expedited trucking company.
09 May 2013
XPO Logistics reported a net loss of $14.5 million in the first quarter of 2012, compared with a net loss of $2.7 million in the first quarter of 2012.