The longtime IT executive assumes the role immediately in an “acting” capacity. The move is seen as extremely unusual because tech execs are not viewed as being operations-savvy LTL bosses.
This week: XPO’s chief diversity officer describes the importance of its inclusion initiatives, UPS opens up its Fairway to the Future quiz in honor of the Ryder Cup and the St. Christopher Truckers Relief Fund celebrates a successful diabetes program with the CDC.
Sudden end to inbound deliveries in Albany will force shippers to seek alternatives.
“I think the difference in distinctions between the digital players and the — whatever you call the nondigital players, has become almost nonexistent,” said XPO CEO Brad Jacobs in its earnings call.
This week: XPO receives a 90 out of 100 score on Disability Equality Index, Shell Rotella announces custom rig winners and Schneider driver’s daughter brings home first U.S. female diving medal since 1988.
XPO Logistics said it will be closing a distribution center in San Antonio.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Also on this week’s podcast: A shoutout to fuel surcharges.
One aspect of the decision that may stick is a clear ruling that owner-operators on a lease are independent contractors, not employees.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
Is this the start of more union representation at XPO or just a head fake?
Companies will demand a full, scalable suite of services from their partners over the next few years, leading to widespread consolidation and the emergence of a handful of clear leaders with considerable market share.
Knight-Swift’s acquisition highlights the LTL industry’s sweet spot in the e-commerce supply chain, says a noted consultant.
Pay is rising under the two-year deal but union officials stress the formalization of procedures as the big win.
XPO Logistics announced a 5 million-share equity offering on Monday. Half of the stock would be a new issuance from the company with the other half being sold by an affiliate of Brad Jacobs, XPO’s chairman and CEO.
This week: Workforce Heroes teach students about trucking careers, ‘Grow at XPO’ launches 100th location and WIT teams up with CarriersEdge for Diversity and Inclusion Index.
XPO Logistics provided updated expectations for the second quarter and issued 2022 guidance for soon-to-be stand-alone logistics company GXO.
The Chicago brokerage adds a capital allocator and carrier expert to its C-suite.
The Teamsters union is seeking executive compensation reform at XPO.
The first-ever deal with Apple is part of $4 billion in logistics contracts for XPO since the year began.
