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.
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.
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