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XPO Logistics

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.”

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XPO Logistics Earnings Miss Expectations

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.