XPO

Business, Logistics, Top 50, Top 100

XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit

XPO Logistics truck XPO Logistics

XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.

September 11, 2020
Business, Logistics

XPO Reports Net Loss in Q2; Revenue Slides

XPO Logistics truck 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.

Jerry Hirsch | Contributing Writer
July 30, 2020
Business, Top 50, Top 100

XPO’s Brad Jacobs Says Company Open to Future Acquisitions

XPO 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.

Dan Ronan | Associate News Editor
May 12, 2020
Government, Business, Logistics, Top 50, Top 100

Former XPO Executive to Become Next Postmaster General

Louis DeJoy, a former XPO executive, will be the 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, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Cease Operations at Pennsylvania Warehouse

An XPO Logistics truck 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.

Daniel Urie | The Patriot-News (Harrisburg, Pa.)
May 4, 2020
Business, Top 50, Top 100

XPO Backs Away From Possible Sale, Spinoffs of Units

XPO 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.

Roger Gilroy | Senior Reporter
March 20, 2020
Business, Logistics

XPO to Acquire Majority of Kuehne + Nagel’s UK-Based Contract Logistics Operations

XPO Logistics truck 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, 2020
Business, Logistics, Top 50, Top 100, TCA

XPO to Lay Off 304 Workers at Texas Distribution Center

XPO Logistics truck on city street (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.

Paul O'Donnell | The Dallas Morning News
February 14, 2020
Business, Top 50, Top 100

XPO Partners With Susan G. Komen

XPO, Susan G. Komen partner 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, 2019
Business, Logistics, Top 100, TCA

Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board

XPO adds Aris Kekedjian to its 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.

Paul Schott | The Advocate (Stamford, Conn.)
October 18, 2019

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