XPO Logistics
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
Business, Logistics

XPO Weighs in on Optimizing Packaging

XPO Logistics

XPO Logistics and Sealed Air teamed up last month to announce a new product for shippers, a partnership that could reopen the discussion about how efficient packaging can boost profits for trucking companies, experts said.

Ari Ashe | Staff Reporter
December 19, 2016
Business, Logistics

Teamsters Question Proposed New Stock Compensation Cap at XPO Logistics

XPO Logistics

The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company’s board of directors.

Transport Topics
December 5, 2016
Business, Logistics

XPO Logistics Sells Truckload Unit, Posts Record Third-Quarter Profit

The North American truckload landscape has shifted with XPO Logistics selling its Con-way Truckload business to Canadian transportation conglomerate TransForce Inc. for $558 million.

Daniel P. Bearth | Senior Features Writer
November 7, 2016

Pages