XPO Logistics
Business, Logistics

XPO Logistics Earns $42.6 Million, First-Ever Profit

XPO Logistics

XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.

Transport Topics
August 4, 2016
Business, Logistics

XPO Rebuffs Teamsters Effort to Press US, Global Union Issues

Teamsters

The Teamsters and European labor representatives attempted to force a meeting with XPO Logistics CEO Bradley Jacobs to discuss union issues but were rebuffed by the company at its annual meeting.

Transport Topics
May 11, 2016
Business, Logistics

XPO, Estes Agree to Pay $13 Million to Settle DOD Overcharge Claims

XPO Logistics

XPO Logistics Inc. and Estes Express Lines have agreed to pay a total of $13 million to settle overcharge claims in connection with the Defense Transportation Coordination Initiative program, a federal contract that was meant to lower military logistics costs.

Rip Watson | Senior Reporter
May 9, 2016
Business, Logistics

XPO, Estes Agree to Settle Defense Contract Overcharge Suit

TT File Photos

XPO Logistics and Estes Express have agreed to pay a total of $13 million to settle overcharge claims in connection with the Defense Transportation Coordination initiative, a federal contract that was meant to lower logistics costs.

Transport Topics
May 4, 2016
Business, Logistics

XPO First-Quarter Loss Narrows Slightly; Expeditors Profit Declines

TT File Photos

XPO Logistics slightly reduced its first-quarter loss, excluding one-time costs, to $9.8 million, or 8 cents per share, while earnings slipped 9% to $96.6 million, or 53 cents, as airfreight and ocean forwarding results weakened.

Rip Watson | Senior Reporter
May 3, 2016
Business, Logistics

XPO Logistics Adds to Presence in Britain

XPO Logistics Inc. has landed food service deals with two companies in the United Kingdom, most recently with retailer Iceland, XPO said March 15.

Transport Topics
March 15, 2016
Business, Logistics

XPO Becomes Logistics Manager for Trinity Health

XPO Logistics is expanding its presence in the health care industry by landing a contract as the third-party logistics provider for Trinity Health, the two companies said March 9.

Jonathan S. Reiskin | Associate News Editor
March 9, 2016
Business, Logistics

XPO Posts Wider 4Q Loss, Sees Progress on Con-way Integration

XPO Logistics

XPO Logistics’ fourth-quarter earnings report last week provided the first real glimpse into its long-term financial performance after the 2015 acquisition spree that quadrupled revenue and saw it scoop up Con-way Inc., its largest asset and a major potential profit center.

Rip Watson | Senior Reporter
February 29, 2016
Business, Logistics

XPO Logistics Reports Fourth-Quarter Loss of $62.8 Million

XPO Logistics

XPO Logistics Inc. reported fourth-quarter results that included a loss of $62.8 million, or 58 cents per share, and a glimpse of less-than-truckload performance at the former Con-way Freight unit that was acquired in October.

Rip Watson | Senior Reporter
February 25, 2016
Business, Logistics

XPO Files Federal Civil Suit Against R+L Carriers

XPO Logistics

XPO Logistics, including the former Con-way Freight, filed a six-count civil complaint against R+L Carriers in U.S. District Court in Detroit, alleging that R+L acted illegally in raiding employees from XPO.

Jonathan S. Reiskin | Associate News Editor
February 22, 2016

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