XPO Logistics
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
Business, Logistics

XPO Logistics Suit Claims YRC Poached Execs, Stole Trade Secrets

YRC Freight

XPO Logistics Inc. filed suit against YRC’s Freight unit, claiming that the company poached seven management employees, including two vice presidents, and stole trade secrets around the time that XPO was completing the acquisition of Con-way Inc.

Rip Watson | Senior Reporter
February 8, 2016
Business, Logistics

XPO Logistics Makes More Job Cuts at LTL Unit

XPO Logistics

XPO Logistics said it has cut another 190 jobs, primarily at its less-than-truckload unit, to save more than $20 million annually.

Transport Topics
January 29, 2016
Business, Logistics

XPO Units Face New Worker Classification Suit

Brad Jacobs, CEO of XPO Logistics

A California law firm has asked a state court to certify a class action suit against Pacer Cartage and two other XPO Logistics businesses, claiming that the carriers misclassified drivers as independent contractors in the latest such case in the nation’s largest state.

Transport Topics
January 12, 2016

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