Fleet Management

XPO Logistics

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November 2, 2017 - Industry News

Earnings Watch: XPO Sets Record High; C.H. Robinson, Hub Group Post Declines

Trucking and logistics provider XPO Logistics Inc. on Wednesday reported income and revenue hit a record-high of any quarter during the third quarter of 2017. C.H. Robinson and Hub Group, however, did not fare as well.

Tags: XPO Logistics, C.H. Robinson, Hub Group, Fleet Earnings

September 12, 2017 - Industry News

XPO Plans to Double Last-Mile Network

Photo: XPO Logistics

XPO Logistics has announced plans to nearly double its current last-mile footprint to 85 service hubs by late 2018.

Tags: XPO Logistics, Delivery Fleets, Last Mile Delivery

August 2, 2017 - Industry News

XPO Profit Jumps As It Mulls More Acquisitions, USA Truck Losses Grow

XPO Logistics' profit during the second quarter was 11.7% higher than a year ago, as a separate report said the company is looking to greatly expand its business in the next year or two. In contrast, USA Truck saw its second quarter loss more than double as revenue declined.

Tags: XPO Logistics, Fleet Earnings

June 21, 2017 - Industry News

XPO LTL Drivers Rack Up 1 Billion Accident-Free Miles

The special commemorative awards given to each XPO 3MM distinguished driver. Photo: XPO Logistics

XPO Logistics has announced that its 12,575 less-than-truckload drivers have surpassed one billion miles with no preventable accidents since the company began tracking the statistic.

Tags: Accidents, LTL, Safe Driving, XPO Logistics

June 9, 2017 - Industry News

XPO Logistics Cracks Top 200 in Fortune 500 List

Image: XPO Logistics

XPO Logistics has moved up to number 191 on the Fortune 500 list, jumping from the 353rd spot last year when it was named the fastest growing company.

Tags: Fortune magazine, Revenues, XPO Logistics

June 1, 2017 - Industry News

NYC Renews Contract with XPO for Emergency Response Programs

Products in the warehouse that are part of the Emergency Supply Stockpile that XPO manages for NYCEM. Photo: XPO Logistics

The City of New York has renewed a contract with XPO Logistics, positioning the company as the logistics manager for NYC's Logistics Shelter Support and Commodity Distribution programs.

Tags: New York City, Emergency Planning, Weather, Logistics, XPO Logistics

May 25, 2017 - Industry News

XPO Opens Logistics Hub to Support Lifestyle Beauty Brand

Photo courtesy XPO Logistics

XPO Logistics announced the opening of a third regional distribution center in Camp Hill, Penn., to support specialty retailer European Wax Center.

Tags: New Facility, 3PL, XPO Logistics, Distribution Centers

May 24, 2017 - Industry News

XPO Logistics Offers Free Tuition and Income via Driving Schools

XPO veteran LTL driver Antoine Seegars is one of the company’s driving school instructors.  XPO’s LTL unit operates the schools at over 80 locations in the U.S. Photo: XPO Logistics

XPO Logistics is offering prospective truck drivers free tuition, part-time work and an opportunity for a full-time job with the company through its network of commercial driving schools.

Tags: CDL, Driver Training, Recruiting, XPO Logistics, Truck Driving Schools

May 12, 2017 - Industry News

XPO Expands Chicagoland Last-Mile Network

Photo: XPO Logistics

XPO Logistics has announced an expansion of its last-mile logistics network in the Chicagoland area, effectively doubling the capacity of the company’s market delivery center in Chicago.

Tags: Chicago, New Facility, XPO Logistics, Last Mile Delivery

May 10, 2017 - Industry News

XPO Logistics Wraps Rebranding of LTL Operations in North America

XPO LTL driver and truck show off the fleet's rebranded look. Photos: XPO Logistics

XPO Logistics Inc. has completed rebranding its North American less-than-truckload business.

Tags: XPO Logistics

May 3, 2017 - Industry News

Earnings Watch: XPO Logistics Glows while USA Truck, Celadon Deal with Woes

One of the biggest names in trucking reported first quarter earnings this week showing it had turned its fortunes around for the better, while losses grew at another fleet and a third’s financial problems were surrounded not only by questions of its accounting practices but also about its long-term survival.

Tags: Celadon Trucking Services, Celadon Group, USA Truck, XPO Logistics, Fleet Earnings

February 21, 2017 - Industry News

Earnings Watch: XPO Logistics Reports Annual Profit of $69 Million

XPO Logistics moved well into the black for the fourth quarter and full year 2016, with a number of fourth-quarter metrics setting company records as strong e-commerce offset weak intermodal numbers.

Tags: XPO Logistics, Fleet Earnings

January 13, 2017 - Industry News

XPO Scores Cummins Supply Chain Contract

Transportation and logistics solutions provider XPO Logistics has been awarded a supply chain contract from Cummins to support its global customer base with parts distribution.

Tags: Cummins, Logistics, XPO Logistics, Distribution

November 2, 2016 - Industry News

Earnings Watch: XPO, Roadrunner Report Improved Earnings

While many trucking operations have reported lower third quarter profits during this earnings season, there were two exceptions on Wednesday.

Tags: Economy, Roadrunner Transportation, XPO Logistics, Fleet Earnings

October 28, 2016 - Industry News

CFI Name Returns With TransForce Acquisition

The year before its acquisition by Con-way, CFI chairman and CEO Glenn Brown posed with the company’s original Kenworth T600 (right) and a 2006 version, celebrating the "Anteater's" 20th anniversary. Photo courtesy Kenworth

Longtime employees of TransForce’s new acquisition in Joplin, Mo., are proudly digging out their old CFI shirts, as the company founded in 1951 as Contract Freighters Inc. goes back to its roots and its name under its new ownership.

Tags: Mergers & Acquisitions, TransForce, XPO Logistics, CFI

October 27, 2016 - Industry News

XPO Logistics Sells Truckload Operations to TransForce

Photo: XPO

XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.

Tags: Con-way Truckload, Mergers & Acquisitions, TransForce, XPO Logistics

August 3, 2016 - Industry News

Earnings Watch: XPO Swings Into the Black, USA Reports Loss

Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.

Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings

June 15, 2016 - Industry News

Mergers, Acquisitions Dominate 3PL Market

Big mergers and acquisitions deals changed the third-party logistics market in 2016, with XPO Logistics leading the way with $100 million worth of deals.

Tags: Amazon.com, Trend Analysis, 3PL, Logistics, Mergers & Acquisitions, XPO Logistics

May 5, 2016 - Industry News

Earnings Watch: Roadrunner Profit Dives; XPO, USA Truck Report Losses

Loose capacity and a sluggish economy in the first quarter helped drive down earnings for Roadrunner, XPO and USA Truck.

Tags: Roadrunner Transportation, USA Truck, XPO Logistics, Fleet Earnings

February 24, 2016 - Industry News

Earnings Watch: XPO Reports Loss of Nearly $63 Million

Despite greatly increased revenue in the final quarter of last year and for all of 2015, the fleet that purchased Con-way last year reported bigger losses.

Tags: Economy, Con-Way, XPO Logistics, Fleet Earnings

February 8, 2016 - Industry News

XPO Sues YRC Freight for Poaching Executives

Image via XPO Logistics

XPO Logistics Freight is suing rival less-than-truckload carrier YRC Freight for allegedly hiring employees from the company in order to obtain important trade secrets.

Tags: Lawsuits, YRC Freight, XPO Logistics

January 29, 2016 - Industry News

XPO Logistics Cuts 190 Jobs From its LTL Business

XPO Logistics acquired Con-Way in October of last year. Image: XPO Logistics

XPO Logistics has eliminated about 190 non-sales positions in its less-than-truckload business, which it acquired when the company bought Con-way Inc. last year.

Tags: Layoffs, LTL, Con-way Inc., XPO Logistics

November 9, 2015 - Industry News

XPO Appoints New President of LTL Business

Tony Brooks Photo courtesy of XPO Logistics

XPO Logistics has appointed Tony Brooks as president of its less-than-truckload business, effective Nov. 11.

Tags: Leadership, LTL, People, Con-Way, XPO Logistics

November 4, 2015 - Industry News

Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls

XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit.

Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings

September 9, 2015 - Industry News

XPO Logistics to Buy Con-way in $3 Billion Deal

XPO Logistics announced late Wednesday that it is buying Con-way Inc. in a $3 billion deal that will make XPO the second largest LTL provider in North America and expand its global contract logistics platform.

Tags: 3PL, LTL, Mergers & Acquisitions, Con-way Inc., XPO Logistics

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