Logistics company argues that it has improved conditions at warehouse one year after its purchase.
Update: Latest labor action brings attention to drayage drivers as NFI says union is trying to “force” representation on drivers.
The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed by a softer 2019 that should still be 12% above the 2012-7 cycle. New price targets were also issued.
XPO already has an extensive tuition-free training program in-house. This move expands it out the front door.
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.
Amazon is scaling up its asset side on both last mile delivery and linehaul, pursuing a low-cost strategy of leased vehicles, independent contractors, and power-only deals with enterprise carriers.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
XPO’s Last Mile business in Canada previously had been serviced out of retail stores. Now it has its first facility.
Every day during the race, XPO Logistics is in charge of moving the mini-city that makes up the backbone of the Tour de France.
XPO Logistics announced this morning that it will be adding augmented reality to its Ship XPO platform, giving end customers the opportunity to visualize how items such as sofas, beds and appliances, will look inside their home.
Stifel resumed coverage of major 3PLs on Monday with a flurry of analyst notes: we report J. Bruce Chan’s key findings on XPO Logistics, CH Robinson, and Echo Global.
On June 18, XPO Logistics announced their partnership with Nestlé as the two plan to construct “a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park (SLPEMG) in Leicestershire, UK.”
The company even managed to cut purchased transportation costs, which is the opposite of what many others experienced.
XPO Logistics is the latest transportation company to offer customers an online freight marketplace, bringing big investment and the company’s own ready-made list of shippers and carriers to fire back at the upstarts
A decision by an NLRB administrative law judge this year was mostly negative for XPO in its relationship with the Teamsters.
The spot market is normalizing; XPO’s Brad Jacobs talks jazz and M&A; China COSCO’s purchase of OOCL might be held up; railroad Teamsters want NAFTA changes; weak spot rates for container ships pulling down contract negotiations; Xi looks for a way out of the trade war.
Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana; air cargo markets may see slower growth; Covenant stock hits a 52 week high.
Volkswagen invests $25B in EVs; Tesla exposed to neodymium supply shocks; FedEx to announce earnings today; Union Pacific plans $127M capex in Arkansas; Maersk says Canadian container trade growth will outpace U.S. in 2018.
Drivers say they’re employees, though their classification is as a contractor
Elon Musk says 100k Tesla Semis annually by 2022; Mexican cargo theft doubles YOY; the 2019 Mercedes-Benz Sprinter is awesome; click through for the rest of today’s digest.
