XPO Logistics

Five or 10 years ago, a truckload carrier would have looked askance at acquiring an LTL carrier. Truckload carriers were comfortable shipping directly from the shipper to the consignee at a minimal fixed cost, a model that runs counter to the multistop terminal networks of LTL carriers. The...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest financial news and developments at XPO Logistics Inc (NYSE: XPO), some good news for our own team and more. The High Five 1. XPO Logistics announced updated financial goalposts...

XPO Logistics (NYSE: XPO) announced Wednesday updated financial goalposts following the planned spinoff of its logistics unit, which it now expects to complete during the third quarter. The company increased its outlook for adjusted earnings before interest, taxes, depreciation and amortization (...

This weekend's Barron's cover story presents the results of the latest Barron's Big Money Poll. Other featured articles show which food stocks are worth bite and which real estate stocks have room to run. Also, see the prospects for a high-profile biotech, a logistics play, a video...

XPO Logistics Inc (NYSE: XPO) will close a distribution center in Jenkins Township, Pennsylvania, and eliminate all 111 jobs at the facility, the Greenwich, Connecticut-based giant said in a recent filing with the state. XPO made the decision after an unidentified customer chose to use another...

Brad Jacobs, chairman, and CEO of XPO Logistics (NYSE: XPO), is committed to improving the diverse culture XPO is striving to build for its employees, but doing so requires listening to employees, he said during the keynote address of FreightWaves' Virtual 3PL Summit on Tuesday morning. "There is...

The first part of a new transportation management system (TMS) from Bulkloads is now available. The new offering, Doc Scanning, includes a document library for carriers to send documents to shippers and brokers through the Bulkloads app, allowing the documents to be retrieved through the website....

Just nine years ago, XPO Logistics Inc. (NYSE: XPO) was a $150 million-a-year expeditor whose new owner, Brad Jacobs, had designs to dominate the freight brokerage sector. Yet as Jacobs became comfortable with the freight industry, he realized his ambitions were too modest. So XPO expanded into...

XPO Logistics Inc. (NYSE: XPO) reported late Oct. 28 gains in third-quarter net income, operating income and adjusted diluted earnings per share despite year-on-year declines in revenue, a sign that technology-driven productivity gains offset continued weakness in macroeconomic activity, especially...

Pat Gillihan, a freight brokerage industry veteran from XPO Logistics (NYSE: XPO) and Covered Logistics and Transportation, joined Chicago-based brokerage Transportation One as its chief revenue officer, the company announced October 23. Transportation One's core business is full truckload...

Michael R. Welch, who co-founded the company that would eventually become XPO Logistics, Inc. (NYSE: XPO) died September 27 in Stevensville, Michigan, following a long illness. His exact age could not be determined, but he was believed to be in his mid-50s. His death was confirmed in a statement...

CNBC's Mike Santoli made the case that M&A activity is poised to surge throughout 2017. But don't expect Brad Jacobs, the CEO of XPO Logistics Inc (NYSE: XPO), to take part in any deals. According to a Bloomberg report, XPO's business completed more than 500 different transactions over the past...

Shares of XPO Logistics Inc (NYSE: XPO), a transportation and logistics company that provides supply chain solutions, has lost more than 40 percent of its value over the past year, but many Wall Street analysts remain optimistic on the stock's outlook. Brian Ossenbeck of JPMorgan initiated coverage...

XPO Logistics Inc (NYSE: XPO) recently reported a mix second-quarter print in which it lost $0.16 per share – more than the $0.07 loss expected while adjusted EBITDA of $79.7 million was ahead of the $48.1 million analysts were expecting. XPO Logistics also raised its long-term revenue...

In the wake of upbeat presentations last week at Oppenheimer's 8th Annual Industrial Growth Summit in New York City, the firm has become more optimistic about the stocks of logistic services providers. In particular, the Oppenheimer analysts favor FedEx (NYSE: FDX), Landstar System (NASDAQ: LSTR...