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.
