XPO to pick up the pace of LTL rate hikes, Jacobs says
Company behind rivals in its pricing position, Jacobs says
Company behind rivals in its pricing position, Jacobs says
Good execution has CEO Jacobs in ebullient mood.
Eight years since he burst on the scene with a $150 million acquisition of a then 22-year-old company called Express-1 Expedited Solutions, Brad Jacobs today sits astride a $17 billion per year multi-national behemoth.
Company accelerates re-purchases as it had planned.
Was this a battle of wills at the very top?
It won’t make it here.
Jacobs now must manage through loss of $600 million of his largest customer’s business.
Decision triggered by changes in Verizon Wireless product distribution.
Move prompted by customer ending Aberdeen business.
An Eaton clutch defect leads to a recall of International truck models and other OEMs may have to follow suit, plus Amazon Air takes off and intermodal growth being driven by inland ports.
Review that began in May expanded to examine allegations at Memphis DC
The National Academies of Science has identified seven core research areas that it said could help DOT determine possible changes to truck size and weight.
Google Search becomes part of XPO’s last-mile tracking portfolio.
Operations to vary depending on pilot markets.
Drivers at XPO Logistics, Inc.’s (NYSE:XPO) facility in Cinnaminson, N.J., an eastern suburb of Philadelphia, have agreed to join Teamsters union Local 107, the Teamsters said.
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.
In December 2017, XPO was considered an acquisition target by Amazon and Home Depot. We argue that there is a much better fit with this massive and storied trucking operation.
After strong fourth-quarter earnings results, weather and other external forces are expected to weigh on earnings reports in the first quarter, resulting in a mixed bag for public companies.
Spireon is hoping to solve trailer tracking issues for mixed fleets that require customization with its FL Flex modular trailer tracking solution.
XPO had strong earnings for the fourth quarter. Here’s what a pair of analysts had to say about the company.