Brad Jacobs, the CEO of XPO, said he sees 3D printing as a major disruptive force looming over the horizon in the transportation sector.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
La adquisición de la unidad intermodal completa el puzzle de la empresa de logística en contenedores de Chicago
STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.
Old Dominion said Tuesday it has already added capacity at seven locations in its network. The recent expansions trend ahead of its 2022 guidance, which called for growth at eight to 10 terminals.
Se ha completado el primer paso para crear un LTL puro
XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.
Kaylee Nix and Grace Sharkey host an hour-long episode of Great Quarter, Gals to celebrate International Women’s Day.
The company will become a stand-alone LTL carrier in North America.
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.”
Contract logistics giant GXO sees numerous growth opportunities for years to come.
This swift rise in online shoppers has stressed an already-taxed industry, increasing the demands on less-than-truckload (LTL) carriers significantly.
Strong revenue and EPS numbers spark an after-hours share rally.
XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.
XPO adds two terminals and 50 dock doors to its North American network.
The American Trucking Associations (ATA) predicts the industry will be a record 80,000 drivers short in the next year.
Los transportadores que modificaron su identidad a través de fusiones y adquisiciones en el último año
Several asset-based carriers changed their course through M&A in 2021.
This week: CFI employees raise holiday funds for local charities; XPO joins other industry professionals for Wreaths Across America Day; and Gopuff gives toward Kentucky tornado relief.
Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
