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XPO Logistics

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September 15, 2014 - Industry News

XPO Logistics Getting $700 Million for Acquisitions

PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.

Tags: Fleets, XPO Logistics

July 29, 2014 - Industry News

XPO Logistics Posts Smaller Loss, Purchases New Breed Logistics

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: Fleets, Logistics, Mergers & Acquisitions, XPO Logistics

February 24, 2014 - Industry News

XPO Logistics Loss Doubles, Company Focusing on Long-Term Growth

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 Prices Stock Offering at $25 Per Share

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 Announces Stock Sale, Reveals Preliminary Earnings Report

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

XPO Logistics Purchasing Intermodal Provider Pacer International

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 Completes Acquisition of NLM

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 Loss Widens Despite Huge Jump in Revenue

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.

Tags: Fleets, Earnings, XPO Logistics

August 16, 2013 - Industry News

XPO Logistics Completes Acquisition of 3PD

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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