Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
Express-1 Expedited Solutions
Express-1 Expedited Solutions
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11 Sep 2014
Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
26 Feb 2014
Encouraged by signs of a stronger U.S. economy and recent acquisitions, XPO Logistics is raising its revenue run rate target for 2014 to $2.75 billion, almost triple the $1 billion run rate the company achieved in 2013.
11 Dec 2013
XPO Logistics is strengthening its expedited business and its technology infrastructure by acquiring two supply-chain subsidiaries from Landstar System, NLM and A3i.
04 Mar 2013
No sooner had fast-growing freight broker XPO Logistics hit its first ambitious annual revenue run rate target of $500 million than CEO Bradley S. Jacobs raised the level for 2013 to $1 billion.
26 Oct 2012
Bradley S. Jacobs is closing in on a goal he set when he took over XPO Logistics last year — raising the company’s revenue run rate to $500 million by 2013.
22 Dec 2011
The parent of Concert Group Logistics said Wednesday the U.S.
02 Sep 2011
The shareholders of Express-1 Expedited Solutions approved a $150 million private equity investment and a change in management and name for the company.
18 Aug 2011
With a $150 million investment in Express-1 Expedited Solutions awaiting shareholder approval, “career CEO” Bradley S.
18 Aug 2011
Greater reliance on high volume customers paying lower rates drove second quarter profit down 39.2 percent year-over-year at Express-1 Expedited Solutions, despite higher revenue.
15 Jun 2011
A private investment group is spending $150 million to take over ownership of freight broker Express-1 Expedited Solutions and installing lead investor Bradley S. Jacobs as the chairman and CEO.
