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XPO Logistics expands global reach, agrees to acquire Norbert Dentressangle SA for $3.53 billion
April 29, 2015
Since its inception in September 2011, non asset-based 3PL XPO Logistics has made several acquisitions. And that process it has established itself as a player in myriad markets through its growth by acquisition strategy. Yesterday, it took things on the acquisition front to a new level, announcing it plans to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion.
Three large institutional investors make $700 commitment to XPO Logistics
September 12, 2014
Non asset-based 3PL XPO Logistics said this week that three global blue chip institutions––PSP Investments, Singapore’s sovereign wealth fund called GIC, and the Ontario Teachers’ Pension Plan–– have invested a cumulative $700 million into XPO, which company officials said will be used to accelerate its growth strategy and allocated mainly for unspecified acquisitions.
Total Quality Logistics opens up first office in Alabama
July 17, 2014
Cincinnati-based non-asset freight broker and third-party logistics (3PL) services provider Total Quality Logistics (TQL) recently announced it has opened a new sales office in Daphne, Alabama.
TransCore report cites annual gains in spot market volumes and revenues
May 16, 2012
At a time when truckload capacity remains fairly tight and is expected to remain that way, freight brokerages appear to be reaping the benefits. That was a central theme in a recent report issued by TransCore,
XPO Logistics is on the right track
February 22, 2012
Logistics Management Group News Editor interviewed Bradley S. Jacobs, chairman and CEO of XPO Logisitcs about XPO's fourth quarter earnings and the company's growth and acquisition strategies.
TQL relocates Chicago office, plans to add staff
October 18, 2011
Freight broker and third-party logistics (3PL) services provider Total Quality Logistics (TQL) said this week it has relocated its Chicago office to the West Loop area of the city.
Transplace, Celtic International team up to create combined logistics services and intermodal entity
October 14, 2011
Taking steps to expand its extensive logistics services menu for shippers, non asset-based third-party logistics (3PL) services provider Transplace said this week it has joined forces with Chicago-based intermodal marketing company (IMC) Celtic International to “form a leading North American logistics provider,” according to company officials.
Total Quality Logistics opens up 10th satellite office
September 26, 2011
Freight broker Total Quality Logistics (TQL) recently announced it has opened a new satellite office in Dayton, Ohio.
Jacobs-led investor group preps to take helm at Express-1 Expedited Solutions
June 21, 2011
Earlier this month, an investment group led by Bradley S. Jacobs, an entrepreneur and founder and owner of Jacobs Private Equity LLC, and Express-1 Expedited Solutions, a non-asset-based third party logistics (3PL) transportation services provider, said they have entered into an agreement in which Jacobs and a group of co-investors will invest up to $150 million in cash in Express-1.
