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.
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.
11 Feb 2015
Last-mile logistics services are rapidly evolving as consumers increasingly by goods online, including bigger, heavier goods. XPO Logistics acquired its fourth last-mile company, UX Specialized Logistics, this week.
12 Jan 2015
Total Quality Logistics increased total revenue 31.3 percent in 2014 to $2.1 billion as the U.S. economy grew faster and shippers came up short on truck capacity.