XPO Logistics

XPO has had its debt rating upgraded by S&P Global Ratings.

Brad Jacobs’ latest venture, QXO with it plans to roll up a diffuse network of building product suppliers through acquisitions, has just armed itself with a lot more cash to do so. At its most basic, QXO is a logistics play: put a growing amount of assets of a fragmented building supply chain ecosystem under […]

Brad Jacobs is stepping down as executive chairman of XPO and RXO.

LTL carrier XPO had its debt rating cut by S&P..

Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies.

GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021.

RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.

Some less-than-truckload carriers reported weaker tonnage trends in August but continued to capture increases in yields.

The Teamsters had a good few months at the end of 2023 in their organizing efforts, racking up several victories.

C.H. Robinson’s newly created office to support its strategic initiatives is a key step in CEO Dave Bozeman’s plan to revive the struggling brokerage giant.

XPO’s Anthony Hoereth discussed the company’s strategic plan and investments that are driving a historic surge in LTL service levels.

XPO founder Brad Jacobs is acquiring SilverSun Technologies as a platform to make acquisitions in a yet-to-be-announced industry.

Brad Jacobs, who founded XPO and its spinoffs, didn’t provide any details on what his next venture is going to focus on.

RXO was flat between the first and second quarters, and that proved to be a turnoff for investors in the 3PL.

An NLRB action is being viewed by the Teamsters as providing an incentive for companies to consider independent contractors as employees.

FreightWaves’ State of Freight for July focused on a potential Yellow shutdown and a looming strike at UPS.

XPO’s Miami-area facility had a contract between the Teamsters and the company, but the union has been voted out.

Outgoing Old Dominion CEO Greg Gantt made his final appearance at the UBS conference and looked back on the company’s road to the top of the heap.ODFL

Sticking to earlier forecasts, RXO’s chief strategy officer sees the 3PL’s market share growing and increased volume year on year.

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.