XPO Logistics

By Jeff Berman · August 18, 2016
Roughly two weeks after announcing record-breaking second quarter earnings results, freight transportation and logistics services provider XPO Logistics said yesterday it has taken significant steps to reduce its debt load, with the pricing of a $1.,642 billion refinancing of its existing term loan agreement.
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By LM Staff · August 16, 2016
An examination of the breadth of services today’s third-party logistics providers (3PLs) have to offer and how shippers can create a long-lasting, mutually-beneficial relationship with today’s more multi-faceted service partners. Custom digital issue for the third party logistics providers highlighting how to create lasting relationships with providers.
By Jeff Berman · August 4, 2016
Adjusted EBITDA for XPO at $354.9 million was up from $79.7 million a year ago, which was a company record. And along with posting its first-ever quarterly profit the company also set new records with $261 million in cash flow from operations and $170 million of free cash flow.
By John D. Schulz · August 3, 2016
Shippers are benefiting from temporary excess capacity in the truckload market, but analysts say this condition is temporary. The driver situation, increasing regulations, and inventory sell-offs all point to a tighter capacity situation in 2017 and beyond. State of Transportation 2016, Trucking update news
By Jeff Berman · July 8, 2016
Done properly, transportation and supply chain is invisible within a good company, which keeps the focus on what that company makes and not how they get it to the stores
By John D. Schulz · June 7, 2016
Ever-changing regulations are making it risky for U.S. companies engaged in cross-border trade endeavors, experts say. However, savvy shippers are paying better attention to the details and are finding solutions that save time, money and frustration.
By Jeff Berman · May 4, 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.
By Jeff Berman · March 9, 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.
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · February 8, 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.
By Jeff Berman · February 1, 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.
By John D. Schulz · 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?
By Jeff Berman · November 5, 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.
By John D. Schulz · November 5, 2015
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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From the August 2016 Issue
Ship owners are investing in optimization, but now the shipper has a role to play in helping an operator innovate by adjusting their own operations and aligning to be a desirable partner.
Ocean Cargo Roundtable: What’s in store for 2017?
Quarterly Trucking Transportation Market Update: Is the Party Over?
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