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Filed in XPO Logistics

Thursday, August 06, 2015

XPO Logistics, a non asset-based 3PL, reported strong second quarter earnings last night, with total gross revenue rising 109.3 percent annually to $1.2 billion and net revenue up 317.2 percent to $508.6 million. Even with the gross revenue and net revenue gains, XPO had a $78.8 million net loss compared to a net loss of $13.8 million for the second quarter of 2014.
Posted on 08/06 at 09:44 AM
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Tuesday, June 09, 2015

Following its April announcement that it planned to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion, non asset-based 3PL XPO Logistics said yesterday that the acquisition has been made official.
Posted on 06/09 at 08:34 AM
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Monday, June 01, 2015

Non asset-based 3PL XPO Logistics has upped its equitable ante, announcing today it has entered into definitive agreements to raise $1.26 billion through entering into definitive agreements with the Ontario Teachers’ Pension Plan, GIC-Singapore’s sovereign wealth fund, and Public Sector Pension Investment board, with the net proceeds to be used by XPO to fund its ongoing growth strategy, the company said.
Posted on 06/01 at 10:05 AM
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Tuesday, May 05, 2015

Non asset-based 3PL XPO Logistics reported solid first quarter earnings last night, with total gross revenue seeing a 148.9 percent annual gain at $703.0 million and net revenue up 349.0 percent to $262.2 million. Despite the significant gains in total gross revenue and net revenue, the company had a $14.7 million quarterly net loss, which marked an improvement compared to a $28.3 million net loss a year ago.
Posted on 05/05 at 09:16 AM
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Wednesday, April 29, 2015

Since its inception in September 2011, non asset-based 3PL XPO Logistics has made several acquisitions. And that process it has established itself as a player in myriad markets through its growth by acquisition strategy. Yesterday, it took things on the acquisition front to a new level, announcing it plans to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion.
Posted on 04/29 at 08:54 AM
News3PLXPO LogisticsFreight Brokerageglobal logisticsPermalink

Tuesday, February 10, 2015

XPO Logistics announced late yesterday it has acquired New York, New York-based UX Specialized Logistics, a North American provider of last mile logistics services for major retail chains and e-commerce shippers.
Posted on 02/10 at 10:44 AM
News3PLXPO LogisticsExpeditedlast-mile deliveryPermalink

Friday, September 12, 2014

Non asset-based 3PL XPO Logistics said this week that three global blue chip institutions––PSP Investments, Singapore’s sovereign wealth fund called GIC, and the Ontario Teachers’ Pension Plan–– have invested a cumulative $700 million into XPO, which company officials said will be used to accelerate its growth strategy and allocated mainly for unspecified acquisitions.
Posted on 09/12 at 08:53 AM
NewsXPO LogisticsFreight BrokerageXPOPermalink

Wednesday, September 03, 2014

Non asset-based 3PL XPO Logistics said yesterday it formally completed its acquisition of New Breed Logistics, a non asset-based 3PL focusing on contract logistics services, for roughly $615 million.
Posted on 09/03 at 09:43 AM
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Friday, May 02, 2014

First quarter gross revenue for XPO Logistics—at $282.4 million—was up 147.7 percent annually, while net revenue saw a 259.1 percent increase to $58.4 million.
Posted on 05/02 at 10:44 AM
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Tuesday, April 01, 2014

Following its January announcement that it entered into a definitive agreement to acquire Dublin, Ohio-based Pacer International, a freight transportation and logistics services provider and the third largest provider of intermodal services in North America, non asset-based 3PL XPO Logistics said today that the deal has been completed.
Posted on 04/01 at 08:35 AM
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