XPO Logistics
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
Business, Logistics

XPO Logistics Reports 3Q Profit, Reversing Last Year's Losses

XPO Logistics

XPO Logistics reported a profit in the third quarter compared with a loss last year, another sign that the company has rebounded from the losses it suffered from since 2013.

Ari Ashe | Staff Reporter
November 3, 2016
Business, Logistics

XPO Logistics Sells Truckload Business to TransForce for $558 Million

XPO Logistics

XPO Logistics has sold the Con-way Inc. truckload business to TransForce Inc. for $558 million in cash, a move that involved negotiations between two of the Top 10 companies on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.

Ari Ashe | Staff Reporter
October 27, 2016
Business, Logistics

XPO Logistics and Hewlett Packard to Lay Off 70 Employees in Iowa

XPO Logistics

XPO Logistics Inc. and Hewlett Packard Co. plan to lay off about 70 employees in Iowa on Oct. 31 after the two companies ended a contract and parted ways.

Transport Topics
October 21, 2016
Business, Logistics

XPO to Open 571,000 Square-Foot Facility in Maryland

XPO Logistics

XPO Logistics has signed a lease for a recently completed 571,000-square-foot building in Perryman, Maryland, that is expected to bring hundreds of jobs to the county in the growing e-commerce field, Harford County Executive Barry Glassman said.

Allan Vought | The Aegis (Bel Air, Md.)
October 7, 2016
Business, Logistics

Flexport Raises $65 Million in Venture Capital to Expand Operations

Flexport CEO Ryan Petersen, photo by Bloomberg News

San Francisco startup Flexport Inc. raised $65 million in venture capital to expand U.S. and global operations, the company announced Sept. 26.

Transport Topics
September 29, 2016
Business, Logistics

Appeals Court Rejects XPO Bid to Invalidate Texas Union Vote

XPO Logistics

The 5th Circuit Court of Appeals has rejected XPO Logistics’ bid to throw out an unfavorable union representation vote at Laredo, Texas, during 2014.

Transport Topics
September 28, 2016
Business, Logistics

XPO Logistics Continues to Restructure Debt

XPO Logistics

XPO Logistics has priced $1.64 billion in refinancing of its existing term loan, as part of an effort to improve cash flow by reducing annual interest costs by about $40 million.

Transport Topics
August 17, 2016

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