The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.
XPO announced Tuesday it has hired Wall Street analyst Ali Faghri to head its strategy initiatives.
The contract logistics provider sees a solid demand for the next five years.
Deal flow slowed in 2022, but there were still a number of transactions that changed trucking’s landscape during the year.
Recapitulación de las transacciones más impactantes del año
Ambiciones inalteradas mientras la compañía pasa de ser una empresa pura a ser “predominantemente una empresa norteamericana de LTL”.
Even though the final piece of XPO’s breakup has been put on hold, the company’s bullish growth ambitions for less-than-truckload have not changed.
XPO becomes the latest less-than-truckload carrier to announce voluntary furloughs.
XPO es el último en ofrecer despidos voluntarios
Management from one of the nation’s largest truck brokerages is ready to take on the industry alone.
