Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
Cambridge Capital’s Ben Gordon details the roots of his “scrappy underdog” mentality, past investments and FreightTech’s recent defining and not-so-defining moments.
A manager’s comments regarding possible closure of the facility if the Teamsters won is cited by an NLRB administrator as a reason for a new vote.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
The union must now negotiate a contract with XPO, a process that can take a long time.
President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.
This week: Central States Mfg. donates wreaths for veteran nonprofit, OOIDA kicks off “Truckers for Troops”, Love’s raises funds for veterans with specialty tumblers and XPO’s CEO challenges the company to hire more active and veteran military employees.
Continuous moves might be way underutilized; oil prices aren’t helping on the spot rate market; and the Santa 18 Act could do a lot for youths interested in trucking.
The company’s first reporting quarter post-spinoff could have gone better.
Big volumes of container traffic are hitting GXO’s facilities, Wilson says.
Company plans to double LTL trailer capacity and add 900 dock doors.
The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.
From resource groups to driving electric trucks, learn four ways your company can build a more inclusive environment for women.
During a year characterized by historically tight capacity, shippers should enter peak season prepared for even harsher conditions.
The winning attorney doesn’t think the award is big enough to constitute a nuclear verdict.
This week: Maersk moves seven containers of medical supplies to India for $1 a pop; Razor’s new landing gear helps a veteran monument replica move across the U.S.; and XPO continues to support breast cancer walks.
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 IT maven segues into an operations-driven role while keeping the CIO job.
