XPO Logistics

Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.

While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking sector wrestling with fragile freight rates and loose capacity; XPO Logistics to layoff 243 employees; Mexico’s auto manufacturers restarts factories, but a few are still waiting; World Trade Bridge officers intercept narcotics worth more almost $1 million.

Opponents of increasing size standards for trucks fear permanent changes post-pandemic.

An exclusive interview with Deutsche Bank’s Amit Mehrotra on what COVID-19 means to transport stocks.

Recommendations include electronic invoicing, advance appointments, emergency sick leave.

Selection from private sector feeds speculation of potential privatization of federal agency.

XPO Logistics Inc. (NYSE: XPO) on Monday reported first-quarter revenue of $3.86 billion, down from $4.12 billion in the first quarter of 2019, as the COVID-19 pandemic in mid-March derailed what had been a relatively good quarter. Net income was $21 million for the quarter, compared with $43 million for the same period in 2019, […]

XPO’s Brad Jacobs says 2020 is most likely a lost year.

Tyson Foods plans to pay drivers and essential personnel $60 million in “thank you” bonuses for service during the pandemic.

XPO increases paid sick leave by two weeks for employees affected by the coronavirus.

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.

Know what is happening right now.

This week we make a clean sweep of the headlines and all the freight and logistics action. It’s a tough balancing act, getting it all in a single live episode of What the Truck?!?, but if anyone can do it, Dooner and Prevost can. Just look at how we demonstrate the power of gravity with […]

XPO Logistics Inc. will lay off more than 300 workers at its Fort Worth distribution center in April, according to a notice filed with the Texas Workforce Commission TWC. According to the notice, XPO plans to lay off a total of 304 workers at its AllianceTexas facility, located at 3300 Eagle Parkway in Fort Worth. […]

The response from CEO Jacobs is always the same: Splitting it up will achieve better shareholder value.

Darren Prokop writes about the volatility in trucking, and how ecommerce may help less-than-truckload carriers recover in 2020.

Many measures of activity were weaker but the bottom line improved.

The majority of executives expect growth exceeding 10% and are actively pursuing deals.