XPO Logistics reached an agreement to buy yet another transportation provider May 4Â and posted first-quarter financial results with a narrowing loss even as revenue soared.
May 4, 2015Business, Logistics
XPO Logistics Agrees to Acquire Bridge Terminal Transport; Posts Narrow 1Q Loss
Business, Logistics
XPO Goes Global in $3.5 Billion Deal
XPO Logistics Inc. last week made its first foray into the global market with an agreement to buy French company Norbert Dentressangle SA for $3.53 billion, the latest move in the consolidation trend in the logistics sector.
May 4, 2015Business, Logistics
XPO Logistics Agrees to Buy Norbert Dentressangle for $3.53 Billion
XPO Logistics Inc. agreed to buy French logistics company Norbert Dentressangle SA for $3.53 billion to expand in the global sector, a move that will nearly triple the U.S. company’s revenue.
April 28, 2015Business, Logistics
XPO Narrows Loss, Boosts Revenue, Sets Targets
XPO Logistics Inc. narrowed its fourth-quarter loss to $9.9 million, excluding a charge related to an equity offering, while continuing its path of rapid revenue growth.
February 18, 2015Business, Logistics
XPO Acquires UX Logistics for $59 Million
XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.
February 10, 2015Business, Logistics
New Technology Will Transform Trucking, Jacobs Says
FORT LAUDERDALE, Fla. — Bradley Jacobs, CEO of XPO Logistics, has a vision that many of trucking’s 2014 challenges will be removed by technological breakthroughs such as driverless trucks and drone deliveries combined with advanced analytics.
November 18, 2014Business, Logistics
XPO Logistics Loss Narrows as Revenue, Margins Climb
XPO Logistics Inc. narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved.
November 6, 2014Business, Logistics
XPO Says $700 Million Funding Will Speed Acquisitions
XPO Logistics Inc. said three investors have agreed to a $700 million infusion of equity that will enable the company to accelerate its revenue and profitability growth plans.
September 12, 2014Business, Logistics
XPO Completes Acquisition of Logistics Firm New Breed
XPO Logistics said it has completed the acquisition of specialized logistics firm New Breed Holding Co. for $615 million.
September 2, 2014Business, Logistics
XPO Logistics Trims 2Q Loss, Plans Acquisition
XPO Logistics said it narrowed its second-quarter loss and announced an agreement to acquire New Breed Holding Co. for about $615 million.
July 29, 2014