XPO Logistics

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.
By Jeff Berman · 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.
By Jeff Berman · October 22, 2015
LM recently caught up with XPO Logistics Chairman and CEO Brad Jacobs to discuss the Con-way deal, market conditions, and future plans.
By Jeff Berman · October 8, 2015
On the heels of announcing it plans to acquire freight transportation and logistics services provider Con-way Inc. for $3 billion, XPO Logistics may be considering selling off Con-way Truckload, the company’s truckload arm.
By Jeff Berman · August 6, 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.

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From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
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