XPO founder Brad Jacobs is acquiring SilverSun Technologies as a platform to make acquisitions in a yet-to-be-announced industry.
XPO Executive Chairman Brad Jacobs participated in a town hall on Day 2 of the F3: Future of Freight Festival in Chattanooga, Tennessee.
Brad Jacobs, who founded XPO and its spinoffs, didn’t provide any details on what his next venture is going to focus on.
Mario Harik will succeed Brad Jacobs following the spinoff of XPO’s brokerage business. Jacobs will become XPO’s executive chairman.
La demanda sigue siendo sólida, aunque los problemas de oferta frenan la capacidad de LTL, dicen los ejecutivos en las giras de inversionistas
XPO executives tell investors why they chose to downsize the company, and vow to significantly boost LTL capital spending.
The company will pursue smaller rivals that lack scale to meet increasingly demanding requirements, GXO’s CFO says.
Brad Jacobs, the CEO of XPO, said he sees 3D printing as a major disruptive force looming over the horizon in the transportation sector.
Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
Cambridge Capital’s Ben Gordon details the roots of his “scrappy underdog” mentality, past investments and FreightTech’s recent defining and not-so-defining moments.
This week: Central States Mfg. donates wreaths for veteran nonprofit, OOIDA kicks off “Truckers for Troops”, Love’s raises funds for veterans with specialty tumblers and XPO’s CEO challenges the company to hire more active and veteran military employees.
The company’s first reporting quarter post-spinoff could have gone better.
Company plans to double LTL trailer capacity and add 900 dock doors.
The IT maven segues into an operations-driven role while keeping the CIO job.
The longtime IT executive assumes the role immediately in an “acting” capacity. The move is seen as extremely unusual because tech execs are not viewed as being operations-savvy LTL bosses.
“I think the difference in distinctions between the digital players and the — whatever you call the nondigital players, has become almost nonexistent,” said XPO CEO Brad Jacobs in its earnings call.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
GXO Logistics looks to capitalize on favorable macro trends.
XPO Logistics announced a 5 million-share equity offering on Monday. Half of the stock would be a new issuance from the company with the other half being sold by an affiliate of Brad Jacobs, XPO’s chairman and CEO.
The company says it will continue to work with shareholders as it evaluates future compensation plans.
The Teamsters union is seeking executive compensation reform at XPO.
The first-ever deal with Apple is part of $4 billion in logistics contracts for XPO since the year began.
Company boosts its full-year EBITDA range, and discloses 11-year, $1.8 billion logistics contract with unidentified customer.
Jacobs says 10% U.S. GDP growth is not out of the question in 2021.
CIO named for soon-to-be-spun-off company
XPO Logistics sees strong momentum coming off an excellent fourth quarter.
Brokerage steals the spotlight at XPO amid a record revenue performance and strong 2021 earnings guidance.
Cawston, Chowdhury are tapped for top positions at the new company.
In today’s edition of The Daily Dash, what comes next for Brad Jacobs and XPO? Plus, Transport America positions for the future and U.S. Xpress seeks answers to improving driver efficiency.
Firm to create two independent companies with each trading on the NYSE.
XPO is `very comfortable with where we are’ heading into 2021, Jacobs says.
News could restart the spin-off process for all four business units.
XPO’s Jacobs said facilities will be two of the most highly automated ever built.
LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
In today’s edition of The Daily Dash, FreightWaves introduces enhancements to SONAR; XPO’s Brad Jacobs discusses diversity, automation and more; and Schneider invests in a new tech platform.
XPO chairman & CEO Brad Jacobs said more efforts will be made within the company to address racial equality and ensure equal opportunities for employees as part of a wide-ranging Q&A session at FreightWaves’ 3PL Summit.
The majority of executives expect growth exceeding 10% and are actively pursuing deals.
Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.
XPO has made spin-offs the new buzzword in logistics for 2020.
Michael Welch dies. Had co-founded forerunner firm to what is now XPO Logistics
XPO Logistics may be getting back in the M&A game
XPO second-quarter results allays analyst concerns as it navigates through a tough top-line
XPO Logistics, Inc. (NYSE:XPO) was prepping late last year for a massive acquisition, one that Chairman and CEO Brad Jacobs said Tuesday would have effectively doubled XPO’s $17 billion a […]
We do things a little differently here at FreightWaves, and our events are no exception. To help prepare you for the week ahead, we’ve compiled a top 10 list of […]
Eight years since he burst on the scene with a $150 million acquisition of a then 22-year-old company called Express-1 Expedited Solutions, Brad Jacobs today sits astride a $17 billion per year multi-national behemoth.
Company accelerates re-purchases as it had planned.
Keynotes will include Gary Vaynerchuk, David Rowan, Andrew Clarke, Shelley Simpson, and Brad Jacobs.
After an unprecedented acquisition spree, XPO Logistics focused on IT. Here, robots move smartphones in an XPO facility.
Join us as we explore how to make disruptions a thing of the past and look at emerging trends.
