February 8, 2016
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.
Every few months, it seems, we report on a strike or protest at the ports about the alleged practice of "misclassifying" drivers as owner-operators rather than employees. Deborah Lockridge has the latest update on this issue in her "All That's Trucking" blog.
January 29, 2016
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.
November 9, 2015
XPO Logistics has appointed Tony Brooks as president of its less-than-truckload business, effective Nov. 11.
November 4, 2015
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.
September 9, 2015
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.
August 10, 2015
Two varied freight transportation and logistics providers recently reported second quarter earnings, with one showing a big leap in business following two purchases while the other moved into the red, but only slightly.
May 4, 2015
Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.
February 18, 2015
XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.
February 10, 2015
XPO Logistics Inc. announced it has acquired UX Specialized Logistics, a North American provider of last mile logistics services for major retail chains and e-commerce companies.
September 15, 2014
PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.
July 29, 2014
XPO Logistics posted a smaller net loss in the second quarter of the year compared to a year ago, while announcing an acquisition along with the completion of an earlier purchase.
February 24, 2014
The Connecticut-based operation reported total revenue skyrocketed to $702.3 million in 2013 from $278.6 million in 2012, but it losses jumped to $48.5 million from $20.3 million during the same time
February 3, 2014
XPO Logistics has announced the pricing of public offering of 15 million shares of its common stock at a price of $25 per share and has granted the underwriters a 30-day option to purchase up to an additional 2.25 million shares.
January 27, 2014
XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.
January 6, 2014
Trucking and related services provider, XPO Logistics, has entered into an agreement to acquire Pacer Internation, the third largest provider of intermodal transportation services in North America.
December 30, 2013
XPO Logistics Inc. announced that it has completed its previously announced acquisition of NLM from Landstar System Inc. The company funded the $87 million cash transaction through its ABL facility and available cash, including approximately $13.4 million of cash acquired on closing.
November 5, 2013
XPO Logistics, which provides freight brokerage, expedited transportation and logistics services, has announced financial results for the third quarter showing total revenue was $194 million, a 173.3% increase from the same period in 2012.
August 16, 2013
XPO Logistics Inc. has completed its previously announced acquisition of 3PD Holding Inc. in a transaction valued at approximately $365 million. The company financed the acquisition and related fees and expenses with the net proceeds of its recent $220.5 million public offering of common stock, together with cash on hand.
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