XPO Logistics announced plans to invest around $90 million in 770 new tractors for its less-than-truckload fleet in 2018.
Trucking and logistics provider XPO Logistics Inc. reported records for first quarter profit and revenue due to increasing e-commerce business.
XPO Logistics has appointed former Amazon executive Kenneth Wagers as its chief operating officer, succeeding Troy Cooper who has been promoted to the position of president.
XPO Logistics has introduced a cloud-based freight marketplace called XPO Connect that is designed to give shippers visibility across freight modes to improve the efficiency of the supply chain.
A lawsuit filed on behalf of three truck drivers against XPO Logistics Cartage in California alleges that they did not receive proper wages and benefits due to being classified as independent contractors instead of employees.
Most trucking companies so far this earnings reporting season are reporting big gains in profits in both the fourth quarter of last year as well as for all of 2017. This is due in large part to tax reform legislation, and numbers released Wednesday were no exception.
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.