August 10, 2015 - Industry News
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.
Tags: Economy, XPO Logistics, Echo Global Logistics, Fleet Earnings
May 4, 2015 - Industry News
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.
Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport
February 18, 2015 - Industry News
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.
Tags: Earnings, XPO Logistics
February 10, 2015 - Industry News
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.
Tags: Mergers & Acquisitions, XPO Logistics
September 15, 2014 - Industry News
PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.
Tags: XPO Logistics
July 29, 2014 - Industry News
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.
Tags: Logistics, Mergers & Acquisitions, XPO Logistics
February 24, 2014 - Industry News
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 - Industry News
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.
Tags: XPO Logistics, Pacer International
January 27, 2014 - Industry News
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.
Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International
January 6, 2014 - Industry News
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.
Tags: Intermodal, Mergers & Acquisitions, XPO Logistics, Pacer International, Drivers, Cross-Border Trucking
December 30, 2013 - Industry News
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.
Tags: Landstar, Mergers & Acquisitions, XPO Logistics
November 5, 2013 - Industry News
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 - Industry News
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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