Latest posts about XPO Logistics
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New business wins pace strong Q1 for XPO Logistics
May 4, 2017
Revenue for the quarter, at $3.54 billion, was down 0.3 percent annually, although it was up $122.6 million when excluding the first quarter 2016 revenue from its former North American truckload unit
Transportation Trends and Best Practices: The Battle for the Last Mile
May 2, 2017
Established carriers and logistics services providers are clashing with tech-savvy newcomers to gain market share in this critical, final piece in the e-commerce puzzle. Final Mile Delivery Trends, Last mile transportation trends 2017, Final Mile Delivery
New Jersey-based XPO drivers file for Teamster representation
March 16, 2017
The 33 XPO drivers filing for representation were formerly part of Con-way Freight, the less-than-truckload unit of Con-way, whom XPO acquired in late 2015.
Less-Than-Truckload: “Upbeat” outlook for 2017
February 28, 2017
While LTL executives are bullish on the new administration’s “America First” emphasis, shippers should expect rate increases in the 3% range amid a “rational” pricing landscape.
XPO Logistics posts strong Q4 and full-year 2016 earnings results
February 23, 2017
Fourth quarter revenue headed up ten percent annually to $3.68 billion. And net income came in at $27.3 million, or $0.22 per share, which was well ahead of a net loss of $62.8 million, or a loss of $0.58 per share, for the same period a year ago.
XPO Logistics Finishes 2016 on a Record High
February 23, 2017
Coming into Tuesday's fourth-quarter financial report, XPO investors were hoping that the logistics specialist would be able to reverse year-ago losses and enjoy solid revenue growth, XPO's results were even better than many had expected, building some momentum coming into 2017.
Truckers Call on Trump for a More Efficient Transportation Infrastructure
January 25, 2017
Trump’s initial statements on infrastructure, and the prevalent bipartisan view in favor of infrastructure improvement to spur job growth, could result in a significant increase in private investment opportunities, however, private investment will depend in part on the needs of state and local governments.
Top transportation executives weigh in on NAFTA
January 9, 2017
Although only a few more days remain until Donald Trump is sworn in as the 45th President of the United States, there have been more than a few days since the election to ponder what happens next, when Trump’s campaign rhetoric and subsequently since the election Twitter speak, take up permanent resident in the oval office.
Where Big Logistics Corporations Are Placing Their Startup Bets
December 16, 2016
The logistics industry is a capital intensive business, and M&A and investment activity says a lot about the technologies companies are betting their futures on, especially UPS and FedEx who are the most active companies in this space.
Michaels Stores turns to XPO for major Christmas Tree distribution strategy
December 15, 2016
While many stories focused on the holiday season with a logistics slant tend to focus on things like delivery methods and the e-commerce supply chain, a recent collaboration between third-party logistics and freight transportation services provider XPO logistics and arts and crafts retail chain Michaels Stores has a bit of a different approach.
XPO Logistics reports record third quarter earnings results
November 3, 2016
Total quarterly revenue for Greenwich, Conn.-based XPO was up 57.2 percent annually to $3.7 billion, and net income was $13.8 million, or earnings per share of $0.11, which was up sharply from a net loss of $93.4 million or $0.94 per share a year ago.
XPO Logistics Hits New Records for Net Income, Free Cash Flow
November 3, 2016
Coming into Wednesday's third-quarter financial report, XPO investors were looking for considerable improvement in the company's financials, and they weren't disappointed with what they saw.
XPO Logistics sells North American truckload business to TransForce
October 28, 2016
XPO Logistics said has sold its truckload business to TransForce Inc., a Montreal-based transportation and logistics services provider, for roughly $558 million in cash, subject to customary payments.
XPO Logistics Divests North American Truckload Operation to Transforce for $558 Million
October 27, 2016
$558 million strategic sale of assets will reduce debt, increase return on capital and improve long-term growth profile.
XPO Logistics Stock to Soar, Problems for FedEx
October 27, 2016
FedEx has thrived behind the growth in e-commerce, but the problem for FDX stock is that XPO Logistics is quickly becoming a big name in the e-commerce space.