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
Tags: Fleets, Earnings, XPO Logistics
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: Fleets, 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: Fleets, 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: Drivers, Cross-Border Trucking, Intermodal, Fleets, Mergers & Acquisitions, XPO Logistics, Pacer International
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, NLM
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.
Tags: Mergers & Acquisitions, XPO Logistics
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