XPO

In XPO Logistics' Q2 earnings call in July, CEO Brad Jacobs called out its technology investments for improving the company's operating ratio. "Our second-quarter adjusted operating ratio ex-real estate gains was our best operating ratio yet," he said. "In truck brokerage, we're continuing to...

Brad Jacobs hasn't been denied much during what has been one of the most accomplished business careers of the past 40 years. What Jacobs has wanted, he's taken, judging by his founding of five billion-dollar businesses, three of which became very successful publicly traded companies. Yet what has...

It's been a long time coming, but the market is on the verge of XPO (NYSE: XPO) spinning off its contract logistics business into GXO. On this week's Drilling Deep podcast, FreightWaves' Mark Solomon, a longtime observer of XPO, talks about the reasons behind the move and what it means for the new...

Today's shippers have found themselves grappling with a variety of secular tailwinds, namely e-commerce growth, automation and outsourcing. While each of these factors existed before the coronavirus pandemic rocked the logistics industry last year, the impact of a global pandemic has...

XPO Logistics Inc. (NYSE: XPO) said Tuesday that its board has approved the spinoff of the company's contract logistics operations, and that the company will begin trading on the New York Stock Exchange Aug. 2 under the symbol GXO. The announcement marks the culmination of an eight-month process...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest financial news and developments at XPO Logistics Inc (NYSE: XPO), some good news for our own team and more. The High Five 1. XPO Logistics announced updated financial goalposts...

XPO Logistics (NYSE: XPO) announced Wednesday updated financial goalposts following the planned spinoff of its logistics unit, which it now expects to complete during the third quarter. The company increased its outlook for adjusted earnings before interest, taxes, depreciation and amortization (...

Less than two months after announcing plans to divest potentially all of its operating segments, except for its less-than-truckload (LTL) offering, XPO Logistics, Inc. (NYSE: XPO) announced that an acquisition is in the works. In a March 9 press release, the company announced that it has entered...

XPO Logistics Inc. (NYSE: XPO) will lay off more than 300 workers at its Fort Worth distribution center in April, according to a notice filed with the Texas Workforce Commission TWC. According to the notice, XPO plans to lay off a total of 304 workers at its AllianceTexas facility, located at 3300...

XPO Logistics (NYSE: XPO) posted fourth-quarter earnings that in a tough freight market can't be viewed as anything but positive.  That has led some analysts to ask the question: If things are so good, why think about breaking up the company? Brandon Oglenski of Barclays, on XPO's earnings call...

The reorganization of XPO Logistics Inc (NYSE: XPO) announced in January guaranteed the status quo in one respect: The company wasn't going to sell off its less-than-truckload (LTL) division. The fourth-quarter earnings the company released late Monday suggested that is a solid strategy as XPO's...

On this week's Drilling Deep podcast, host John Kingston talks with FreightWaves Markets Editor Mark Solomon on the radical plan to turn giant XPO Inc. (NYSE: XPO) into a more focused LTL carrier and send its other parts off to different futures, no longer under CEO Bradley Jacobs. We'll also talk...

Brad Jacobs didn't build XPO Logistics Inc. (NYSE: XPO) the traditional way. He's not taking it apart the traditional way either. Utilizing a roll-up strategy unmatched in freight industry annals for speed, scale, and no shortage of doubters, Jacobs, the founder, chairman and CEO, took XPO in less...

On EP12, Kevin and Andrew sit with Director of Passport Research JP Hampstead to discuss what lies ahead for XPO Logistics Inc (NYSE: XPO), earnings season, and whether the market for online mattresses is sleepy or superior. Image Sourced from Pixabay

Good day, Getting to zero emissions in logistics will be a daunting prospect and will require significant shifts in global mind-sets, according to a report published for the World Economic Forum, which kicks off Tuesday in Davos, Switzerland. In the report, entitled "A Pragmatist's Guide to Zero-...