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.
Thirty-four drivers at the XPO Logistics facility in Albany, N.Y., have filed for representation with the Local 294 chapter of the International Brotherhood of Teamsters, the union has announced.
Trucking and logistics provider XPO Logistics Inc. on Wednesday reported income and revenue hit a record-high of any quarter during the third quarter of 2017. C.H. Robinson and Hub Group, however, did not fare as well.
XPO Logistics has announced plans to nearly double its current last-mile footprint to 85 service hubs by late 2018.
XPO Logistics' profit during the second quarter was 11.7% higher than a year ago, as a separate report said the company is looking to greatly expand its business in the next year or two. In contrast, USA Truck saw its second quarter loss more than double as revenue declined.