XPO
XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit
XPO Logistics
XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.
September 11, 2020XPO Reports Net Loss in Q2; Revenue Slides
XPO Logistics said second-quarter revenue fell 17.4% to $3.5 billion from $4.2 billion for the same period in 2019. (XPO Logistics)
XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.
July 30, 2020XPO’s Brad Jacobs Says Company Open to Future Acquisitions
XPO Logistics Inc.
With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit.
May 12, 2020Former XPO Executive to Become Next Postmaster General
Priority mail packages sit on a conveyor belt at the USPS Merrifield processing and distribution center in Virginia in December 2018. (Andrew Harrer/Bloomberg News)
A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.
May 7, 2020XPO to Cease Operations at Pennsylvania Warehouse
XPO Logistics via YouTube
XPO Logistics will cease operations at its warehouse in Bethel Township, Pa., this month, according to a notice it filed March 11 with the Pennsylvania Department of Labor & Industry.
May 4, 2020XPO Backs Away From Possible Sale, Spinoffs of Units
XPO Logistics
XPO Logistics Inc. said the current economic environment has compelled it to step back from earlier plans to explore the sale or spinoff of some of its assets.
March 20, 2020XPO to Acquire Majority of Kuehne + Nagel’s UK-Based Contract Logistics Operations
XPO Logistics
XPO Logistics is acquiring the majority of the United Kingdom-based contract logistics operations of Kuehne + Nagel, according to a March 9 news release.
March 10, 2020XPO to Lay Off 304 Workers at Texas Distribution Center
(XPO Logistics)
XPO Logistics Inc. will lay off 304 workers at an AllianceTexas distribution center in April, according to a notice filed with the Texas Workforce Commission.
February 14, 2020XPO Partners With Susan G. Komen
XPO Logistics Inc.
XPO Logistics Inc. said it will partner with Susan G. Komen, a nonprofit breast cancer organization, in a campaign to raise awareness about the disease.
October 25, 2019Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board
XPO Logistics
Transportation and logistics giant XPO Logistics has announced the appointment of Aris Kekedjian, a longtime GE executive, to its board of directors.
October 18, 2019