After several years of building a logistics giant through rapid-fire acquisitions, XPO Logistics now says it’s looking into the possible sale or spin-off of one or more business units – anything but the core less-than-truckload business – as part of a “review of strategic alternatives.”
XPO Logistics has announced an expanded benefits package for new parents and expectant mothers, offering free, supplemental care for such employees.
XPO Logistics has launched an internal review of company culture and policies after allegations surfaced of poor workplace conditions and discrimination against pregnant employees at one of its warehouses in Memphis, Tenn.
The results from a survey commissioned by XPO Logistics found that as many as 37% of consumers in the U.S. plan to purchase heavy goods like furniture and appliances online.
XPO Logistics now offers last mile tracking of heavy goods deliveries through Google Search, simplifying the process for customers.
By harnessing the power of artificial intelligence and better algorithms, XPO logistics plans to optimize its less-than-truckload business.
Despite “robust organic growth” thanks to e-commerce and freight brokerage, XPO Logistics’ third-quarter earnings came in lower than analysts’ expectations, as the company cut its earnings forecast due to the collapse of a large UK customer.
XPO Logistics Inc. has landed on the Fortune Future 50 list of U.S. public companies determined by the business magazine as having the best prospects for long-term growth.
For its second quarter, XPO Logistics reported increased revenue, net income, adjusted EBITDA, and cash flow.
XPO Logistics wants to use new visualization technology to help customers decide if heavy goods, such as furniture or appliances, are what they expected before the items get delivered.