Filed in XPO Logistics
Wednesday, May 04, 2016
Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.
Posted on 05/04 at 10:49 AM
XPO Logistics •
Wednesday, March 09, 2016
Non asset-based 3PL XPO Logistics and Trinity Health, an Indiana-based, multi-institutional Catholic healthcare system with hospitals in 21 states, said today they have rolled out plans to build a $26 million, state-of-the-art Trinity Health supply distribution center in Fort Wayne Indiana.
Thursday, February 25, 2016
Total gross fourth quarter revenue for XPO saw a 302.3 percent annual increase to $3.3 billion, with net revenue up 419.8 percent to $1.6 billion, and for the full-year 2015 XPO had total revenue of $7.6 billion for a 223.5 percent annual increase.
Posted on 02/25 at 10:16 AM
XPO Logistics •
Wednesday, February 10, 2016
In an 8-K filing with the Securities Exchange Commission this week, third-party logistics and freight transportation services provider XPO Logistics said it plans to retain the truckload business it acquired through its $3 billion October 2015 acquisition of freight transportation and logistics services provider Con-way Inc.
Monday, February 08, 2016
A recent Wall Street Journal report stated that third-party logistics and freight transportation services provider XPO Logistics shut down seven freight terminals that were part of the Con-way Inc. less-than-truckload (LTL) network, Con-way Freight. Con-way was acquired by XPO for $3 billion last year.
Monday, February 01, 2016
Third-party logistics and freight transportation services provider XPO Logistics said late last week that it has commenced a workforce reduction for its less-than-truckload (LTL) unit, which it acquired from Con-way, when XPO acquired Con-way last year.
Thursday, November 19, 2015
Is the U.S. manufacturing economy at the start of an extended slowdown, or just a brief correction to draw down inventory? And if the economy is slowing, is the U.S. trucking industry on the verge of entering a profit-killing era of overcapacity as it was during the Great Recession of 2008-2010?
Thursday, November 05, 2015
With the ink now dry from XPO Logistics’ acquisition of Con-way Inc. now dry, the company’s plan for how it plans to integrate Con-way into its plans is coming into fuller focus.
Posted on 11/05 at 11:03 AM
XPO Logistics •
Fast-growing XPO Logistics, an entity that didn’t even exist five years ago, is growing revenue at a faster pace than even the Greenwich, Conn.-based conglomerate expected on the heels of finalizing its $3 billion purchase of Con-way Inc.
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Friday, October 30, 2015
Following an announcement made on September 9, when it said it planned to acquire Con-way, an Ann Arbor, Mich.-based provider of transportation and logistics services, including its flagship less-than-truckload group Con-way Freight, Con-way Truckload, and its global 3PL unit Menlo Logistics, for $3 billion, non asset-based 3PL XPO Logistics said today the deal has officially been completed.