XPO Logistics
Government, Business, Logistics

Republicans Will Allow Export-Import Bank to Expire Under Senate Plan

Chris Kleponis/Bloomberg News

The U.S. Export-Import Bank’s charter will lapse next week if the Republican-led Congress follows a path outlined by Senate Majority Leader Mitch McConnell that would delay a vote on reauthorizing the bank until July.

Bloomberg News
June 25, 2015
Business, Logistics

XPO Logistics Acquires Norbert Dentressangle Shares

XPO Logistics

XPO Logistics Inc. announced it has acquired control of French logistics operator Norbert Dentressangle SA by acquiring the 67% ownership stake held by founder Norbert Dentressangle and his family.

Transport Topics
June 8, 2015
Business, Logistics

XPO Plans Note Sale Linked to Acquisitions

XPO Logistics

XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.

Transport Topics
June 1, 2015
Special Coverage, Business, Logistics

Texas Lawmaker Backs State Programs That Promote Natural Gas, Alternative Fuels

Michael G. Malloy/Transport Topics

DALLAS — A Texas state lawmaker said he backs incentives that increase the use of natural gas and other alternative transportation fuels.

Michael G. Malloy | Web Editor
May 7, 2015
Business, Logistics

XPO Logistics Agrees to Acquire Bridge Terminal Transport; Posts Narrow 1Q Loss

TT File Photo

XPO Logistics reached an agreement to buy yet another transportation provider May 4 and posted first-quarter financial results with a narrowing loss even as revenue soared.

Jonathan S. Reiskin | Associate News Editor
May 4, 2015
Business, Logistics

XPO Goes Global in $3.5 Billion Deal

XPO Logistics Inc. last week made its first foray into the global market with an agreement to buy French company Norbert Dentressangle SA for $3.53 billion, the latest move in the consolidation trend in the logistics sector.

May 4, 2015
Business, Logistics

XPO Logistics Agrees to Buy Norbert Dentressangle for $3.53 Billion

XPO Logistics

XPO Logistics Inc. agreed to buy French logistics company Norbert Dentressangle SA for $3.53 billion to expand in the global sector, a move that will nearly triple the U.S. company’s revenue.

Rip Watson | Senior Reporter
April 28, 2015
Business, Logistics

XPO Narrows Loss, Boosts Revenue, Sets Targets

XPO Logistics

XPO Logistics Inc. narrowed its fourth-quarter loss to $9.9 million, excluding a charge related to an equity offering, while continuing its path of rapid revenue growth.

Transport Topics
February 18, 2015
Business, Logistics

XPO Acquires UX Logistics for $59 Million

XPO Logistics

XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.

Transport Topics
February 10, 2015
Business, Logistics

New Technology Will Transform Trucking, Jacobs Says

FORT LAUDERDALE, Fla. — Bradley Jacobs, CEO of XPO Logistics, has a vision that many of trucking’s 2014 challenges will be removed by technological breakthroughs such as driverless trucks and drone deliveries combined with advanced analytics.

Rip Watson | Senior Reporter
November 18, 2014

Pages