XPO

Less-than-truckload carrier XPO said it would add capacity to meet the increased demand created by Yellow’s departure.

Less-than-truckload carrier XPO saw shipments and tonnage surge in July as a competitor shut down.

Less-than-truckload carrier XPO said its chief financial officer is leaving and that it has filled the role internally.

Canada and Mexico are seeing tremendous growth as a result of nearshoring efforts. This has generated significant interest in cross-border capabilities.

XPO announced the completion of a capacity expansion project in the Western part of its network.

Less-than-truckload carrier XPO reported another modest tonnage decline in May, which was in line with trends at Saia and much better than Old Dominion’s report.

In the fast-paced world of freight transportation, a carrier’s success is determined by its ability to deliver goods damage-free and on-time. But it all starts and ends with the people behind the scenes who make it all happen.

Less-than-truckload carrier XPO reported better-than-expected first-quarter results and said it remains on track to achieve long-term profitability targets.

Quarterly earnings at stand-alone brokerage RXO were healthy compared to the performance of most companies in the freight sector.

XPO fills vacant chief operating officer role with an Old Dominion veteran.

“We think about these investments as long term. We’re not making them for the next few quarters, we’re making them for the next few years and beyond,” said XPO’s Ali Faghri.

Less-than-truckload carrier XPO said it added 30-year industry veteran Wes Frye to its board as it pursues a six-year financial improvement plan.

XPO’s growth strategy includes a wider net for capturing volume, but the less-than-truckload carrier is adamant it will remain price disciplined.

XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.

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.

Piece-level tracking gives XPO employees and customers real-time visibility for tracking LTL shipments.

XPO Logistics is the latest logistics company to partner with Google Cloud, which is quickly gaining traction in the supply chain world.

XPO Logistics released a sustainability report that hones in on recruiting underrepresented groups and using optimization to reduce emissions.

Companies across the logistics industry will need to start considering their carbon footprint as new regulations come down and consumers start voting with their dollars.

Over the last decade, XPO Logistics has spent hundreds of millions of dollars investing in the development of advanced transportation technology with the use of “the brightest technology minds out there.”

This swift rise in online shoppers has stressed an already-taxed industry, increasing the demands on less-than-truckload (LTL) carriers significantly.

The American Trucking Associations (ATA) predicts the industry will be a record 80,000 drivers short in the next year.

During a year characterized by historically tight capacity, shippers should enter peak season prepared for even harsher conditions.

Experts expect demand to continue to outpace supply through at least the first quarter of 2022.

The Teamsters backed the actions and praised the “brave” drivers; the court suggested XPO might have had a strong case.

The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.

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.

Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?

Companies will demand a full, scalable suite of services from their partners over the next few years, leading to widespread consolidation and the emergence of a handful of clear leaders with considerable market share.

GXO Logistics looks to capitalize on favorable macro trends.

CIO named for soon-to-be-spun-off company

XPO is known as a digital broker that collaborates with its customers to develop innovative technologies.

In today’s edition of The Daily Dash, C.R. England sues a law firm involved in a staged-accident scheme. Plus, XPO thinks 2021 is only going to get better, and Forward Air makes an acquisition and a divestiture.

Get caught up on every session from the FreightWaves Health & Pharma Supply Chain Summit here.

Deutsche Bank’s December geofencing data suggests LTL volumes continued the positive trends seen in the first two months of the fourth quarter.

XPO Logistics garners a spot on FreightWaves’ FreightTech 25 list.

In today’s edition of The Daily Dash, Swift Transportation founder Jerry Moyes has taken over as CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.

How long will Brad Jacobs stay on after split and spinoff of logistics business?

Shippers that trust their technology also trust their technology provider. That’s why XPO’s Connect platform resonates with shippers.

In today’s edition of The Daily Dash, September saw an increase in truck driver drug test failures; TRATON makes a final offer for Navistar; and Waymo pulls back the curtain on its autonomous technology.

Erik Caldwell, Last Mile president for XPO Logistics, and FreightWaves President George Abernathy talk about the consumer demand and the last mile in the keynote event for the FreightWaves Last Mile Logistics Summit.

In today’s edition of The Daily Dash, electric driveline manufacturer Hyliion officially became a public company on Friday. Plus, Uber Freight secures $500 million in funding and trucking’s recovery continued in September.

Downloads of XPO’s driver app Drive XPO have doubled this year, and more than 25,000 carriers have joined its XPO Connect platform as both technologies have seen rapid growth.

In today’s edition of The Daily Dash, the third-quarter financial report from BMO suggests positive financial momentum for carriers, and a Tennessee freight brokerage continues record growth despite the COVID-19 pandemic.

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.

We discuss the different strategies FedEx and XPO use to build shareholder value.

Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.

XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.

We discuss how the coronavirus is affecting freight flows from China with special guest Lori Ann LaRocco from CNBC. Earnings season is also in full swing, and it looks like XPO has taken more than a few steps toward its ultimate breakup. Then, it’s off to the battle between the Tesla Cybertruck and the Nikola […]

Anthony and Zach break down the less-than-truckload sector and talk about its connection with truckload along with giving a quick update on the latest economic and freight market trends.

Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed

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.

Brad Jacobs enters rich, leaves richer

One year after a sharply negative report sent shares plunging, XPO stock has more than recovered

Meet David Faulkenberry, FreightWaves final mile market expert, who joins the company’s deep bench after a storied career at XPO Logistics, 3PD, HomeDirect, GeoLogistics and more.

XPO Logistics stays ahead of macro weakness as net income, EPS jump in q3

XPO Logistics may be getting back in the M&A game

XPO unit, class of drivers and helpers reach $5.5 million settlement to end three-year legal fight over job classification

XPO second-quarter results allays analyst concerns as it navigates through a tough top-line

Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’

As a shipper of choice, Nestle wins plaudits for its willingness to partner and its fondness for innovation.

FedEx and Amazon part ways on US air services with both probably the better off for it

Third-party logistics providers will see their growth dented by the threatened tariffs on Mexican imports. The question is by how much?

The two leading shareholder advisory firms have said they will support an International Brotherhood of Teamsters proposal to separate the chairman and CEO positions at XPO Logistics, Inc. (NYSE:XPO) and appoint an independent director as chair. If that happens, it could eliminate the dual role now performed by Brad Jacobs, the company’s founder. Glass Lewis […]

Company behind rivals in its pricing position, Jacobs says

Good execution has CEO Jacobs in ebullient mood.

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.

Was this a battle of wills at the very top?

It won’t make it here.

Jacobs now must manage through loss of $600 million of his largest customer’s business.

Decision triggered by changes in Verizon Wireless product distribution.

Move prompted by customer ending Aberdeen business.

An Eaton clutch defect leads to a recall of International truck models and other OEMs may have to follow suit, plus Amazon Air takes off and intermodal growth being driven by inland ports.

Review that began in May expanded to examine allegations at Memphis DC

The National Academies of Science has identified seven core research areas that it said could help DOT determine possible changes to truck size and weight.

Google Search becomes part of XPO’s last-mile tracking portfolio.

Operations to vary depending on pilot markets.

Drivers at XPO Logistics, Inc.’s (NYSE:XPO) facility in Cinnaminson, N.J., an eastern suburb of Philadelphia, have agreed to join Teamsters union Local 107, the Teamsters said.

XPO’s seasonal numbers are up 20% from last year. Those sorts of needs is why Amazon has a unique program for a unique group of people.

In December 2017, XPO was considered an acquisition target by Amazon and Home Depot. We argue that there is a much better fit with this massive and storied trucking operation.

After strong fourth-quarter earnings results, weather and other external forces are expected to weigh on earnings reports in the first quarter, resulting in a mixed bag for public companies.

Spireon is hoping to solve trailer tracking issues for mixed fleets that require customization with its FL Flex modular trailer tracking solution.

XPO had strong earnings for the fourth quarter. Here’s what a pair of analysts had to say about the company.

FMCSA has made two recent changes to hours-of-service and ELD compliance that affects the agricultural community.

The U.S. Postal Service could deploy autonomous vehicles as soon as 2025, according to a paper prepared by the Postal Service to explore possible use cases for autonomous technologies. USPS and the University of Michigan are working on a self-driving mail delivery truck, the Autonomous Rural Delivery Vehicle (ARDV), the paper said.

The U.S. Senate is set to pass a self-driving vehicle bill, and like similar legislation in the U.S. House passed early in September, it excludes commercial vehicles. The Senate bill will not include vehicles larger than 10,000 pounds, Reuters reported.

Elon Musk has been teasing the world for nearly a year about his Tesla electric semi. Information has been coming out mostly via cryptic messages and tweets from Musk himself, but no definitive announcement. But Wednesday, Musk tweeted that the semi will be unveiled on Oct. 26 in Hawthorne, CA.

Brad Jacobs sits down with Jim Cramer and talks trucking, XPO, and the state of the economy. He makes a provocative prediction that will turn some heads that we could see fully autonomous trucks in less than a decade.