XPO Logistics
Business, Logistics

XPO Logistics Employees Reject Unionization at Two Illinois Facilities; OK It in Trenton, N.J.

Employees at XPO Logistics Inc.’s less-than-truckload facilities in Aurora and Elgin, Ill., voted against representation by the Teamsters union, the company said April 17.

Transport Topics
April 17, 2017
Business, Logistics

Why XPO's Billionaire CEO Brad Jacobs Is Putting Dealmaking on Hold

XPO Logistics

Brad Jacobs made a fortune during a decadeslong wave of mergers and acquisitions. Now he’s putting dealmaking on hold and focusing his attention on expanding XPO Logistics Inc. from the inside.

Tom Metcalf | Bloomberg News
April 11, 2017
TCA

Midwestern Grocery Chain Countersues XPO, Alleges $12 Million in Damages

XPO Logistics

Midwestern grocery chain Schnuck Markets has filed a counter lawsuit against XPO Logistics, the warehouse operator it hired to run its Kinloch, Mo., facility but then terminated for operational issues.

Samantha Liss | St. Louis Post-Dispatch
April 3, 2017
TCA

Penske Logistics Replaces XPO as Operator of Contentious Missouri Warehouse

Penske Logistics

Schnuck Markets Inc. has hired Penske Logistics as the new operator of its NorthPark distribution center in Kinloch, Missouri, the Midwestern grocery chain said March 24.

March 27, 2017
Business, Logistics

Push by Drivers to Unionize at XPO Spreads to New Jersey

Teamsters

The efforts of XPO Logistics less-than-truckload drivers to organize into unions have spread to Trenton, New Jersey, with 33 employees filing a petition with the National Labor Relations Board.

Transport Topics
March 21, 2017
Business, Logistics

XPO Logistics Inks Deal With Gower Furniture

XPO Logistics has secured a multimillion-pound, long-term agreement with Gower Furniture, a supplier of kitchens to the trade and retail sectors in the United Kingdom, XPO announced March 6.

Transport Topics
March 8, 2017
Business, Logistics

XPO Posts First Full-Year Profit Since Jacobs Took Helm in 2011

XPO Logistics

XPO Logistics posted its first full-year profit with Bradley Jacobs at the helm of the organization and also was profitable in the final quarter owing to strength in the less-than- truckload division.

Jonathan S. Reiskin | Associate News Editor
February 27, 2017
Business, Logistics

XPO Logistics Notches First Full-Year Profit Since 2011

Jacobs courtesy of XPO Logistics

XPO Logistics posted its first full-year profit of the Brad Jacobs era, with net income of $63.1 million, or 53 cents a share, compared with a $245.9 million loss in 2015, or $2.65, the company said Feb. 21.

Jonathan S. Reiskin | Associate News Editor
February 22, 2017
Business, Logistics

XPO Lands Cummins Logistics Contract

XPO Logistics

XPO Logistics has won a contract to manage the primary parts distribution center in Memphis, Tennessee, for diversified manufacturer Cummins Inc., XPO said Jan. 11.

Transport Topics
January 12, 2017
Business, Logistics

Overcoming Teamsters Opposition, XPO Shareholders OK Higher Exec Compensation

XPO Logistics

XPO shareholders overwhelmingly approved a plan Dec. 20 to increase the maximum number of shares the company can issue to executives as compensation, to 2.5 million shares from 500,000, easily overcoming opposition from the International Brotherhood of Teamsters.

Transport Topics
January 3, 2017

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