XPO

The end of XPO Logistics, Inc. (NYSE: XPO) as the transport and logistics industries have come to know it may be at hand. The $17 billion giant has begun entertaining possible acquisition offers for four of its units: its two North American and two European transport and logistics businesses....

XPO Logistics Inc. (NYSE: XPO) Chairman and CEO Brad Jacobs has said the protracted decline in U.S. industrial production, which has shrunk the revenue streams of every less-than-truckload (LTL) carrier, will leave three types of LTL firms in its wake: the laggards that aren't able to counteract...

On Dec. 13, 2018, short-selling firm Spruce Point Capital Management LLC took XPO Logistics Inc. (NYSE: XPO) to the woodshed in one of the harshest attacks ever directed at a publicly traded transportation and logistics company. XPO, Spruce Point wrote in a 69-page report, relies on asset sales,...

Brad Jacobs, chairman and CEO of transport and logistics provider XPO Logistics, Inc., (NYSE: XPO) appears to have reopened the door to mergers and acquisitions (M&A) activity, if only just a crack. Jacobs told analysts at Morgan Stanley & Co. (NYSE: MS) in a recent meeting that he is now...

Good day, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk wants to streamline the logistics of delivering the automaker's vehicles. Starting next quarter, the company will ship cars to local delivery centers and allow customers to pick them up at their convenience, according to website Electrek, which...

The last-mile delivery unit of XPO Logistics, Inc. (NYSE: XPO) and a class of nearly 3,800 workers under contract with the XPO unit's trucking service providers have agreed to a $5.5 million settlement to resolve allegations the unit violated California labor laws by denying the workers proper...

For the past several quarters, XPO Logistics, Inc. (NYSE: XPO) has been consigned to the figurative "penalty box" by analysts who've seen its pristine track record, and its credibility, marred by consecutive subpar results that had not been expected. Judging by Wall Street's reaction August 2 to...

XPO Logistics, Inc. (NYSE: XPO) reported Thursday a year-over-year decline in second-quarter revenue, and scaled back its top-line forecast for the year due to the impact of lower truckload brokerage rates and unfavorable currency swings. At the same time, XPO posted a 10.7 percent margin increase...

Shareholders of XPO Logistics, Inc. (NYSE: XPO) on Wednesday defeated a Teamsters union proposal to separate the chairman and CEO posts and appoint an independent director to serve as the company's chair, a proposal that could have removed XPO Founder, Chairman and CEO Brad Jacobs from the chairman...

XPO Logistics, Inc. (NYSE: XPO) was prepping late last year for a massive acquisition, one that Chairman and CEO Brad Jacobs said Tuesday would have effectively doubled XPO's $17 billion a year size "in short order," before it shifted gears and launched a sizable stock repurchase plan...

Customers of XPO Logistics, Inc.'s (NYSE: XPO) less-than-truckload (LTL) business should brace themselves for a more rapid-fire pace of rate hikes, if comments made Thursday by XPO Chairman and CEO Brad Jacobs are any indication. Jacobs also said that XPO "made a mistake" by relying...

XPO Logistics, Inc. (NYSE: XPO) did its best in the first quarter to make investors forget about the quarter that had come before. The transport and logistics giant reported first-quarter revenue of $4.12 billion, slightly below the $4.19 billion in the year-earlier period. Adjusted earnings...

Transport and logistics provider XPO Logistics, Inc., (NYSE: XPO), apparently making good on commitments to buy back significant blocks of common stock at depressed prices, has in the past 60 days reduced its outstanding shares by 17 million or 15 percent – coming on the heels of an initial...

It seems odd that arguably the world's most powerful company would get bent out of shape over one executive's departure. But Kenneth Wagers was not just any executive, and he didn't go to just any company. At Amazon.com, Inc. (NASDAQ: AMZN), Wagers, known to nearly everyone as "...

XPO Logistics Inc (NYSE: XPO) recently reported a mix second-quarter print in which it lost $0.16 per share – more than the $0.07 loss expected while adjusted EBITDA of $79.7 million was ahead of the $48.1 million analysts were expecting. XPO Logistics also raised its long-term revenue...