XPO Logistics

Business, Logistics, Top 50

2019 Top 50 Logistics Companies

XPO Logistics truck With XPO putting a hold on acquisitions, others have taken the opportunity to challenge the company for logistics supremacy. (TT File Photo)

XPO Logistics remains ­firmly entrenched atop Transport Topics' 2019 Top 50 Logistics Companies rankings after a meteoric rise fueled by a string of high-profile acquisitions over the last eight years. Read about the full rankings.

Daniel P. Bearth | Staff Writer
April 8, 2019
Business, Logistics

XPO Logistics Terminates COO Ken Wagers

XPO Logistics has terminated COO Ken Wagers Wagers via XPO Logistics; Ann Arbor headquarters by Transport Topics

XPO Logistics Inc. has terminated Chief Operating Officer Ken Wagers, a high-profile executive hired away from Amazon.com less than a year ago, according to an XPO filing with the Securities and Exchange Commission on March 11.

Daniel P. Bearth | Staff Writer
March 11, 2019
Government, Business, Logistics, Top 50

XPO’s Brad Jacobs Hits Brakes on M&As

XPO Logistics XPO Logistics CEO Brad Jacobs (Christopher Goodney/Bloomberg News)

After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.

Thomas Black | Bloomberg News
February 19, 2019
Government, Business, Logistics, Top 50, TCA

XPO Denies Memphis Plant Closing Is Retaliation

XPO Logistics XPO Logistics

XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.

Paul Schott | Connecticut Post (Bridgeport, Conn.)
February 19, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck XPO Logistics via YouTube

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Staff Writer
February 14, 2019
Business, Logistics, TCA

XPO Logistics to Close Maryland Warehouse

XPO Logistics An XPO Logistics warehouse (XPO)

XPO Logistics will close its 571,000 square-foot warehouse on Harford County’s Perryman peninsula in Maryland by the end of March, a company spokesperson confirmed Jan. 29.

David Anderson | The Aegis (Bel Air, Md.)
February 1, 2019
Government, Business, TCA

XPO Accepts Violation in Fatal Accident Involving Granite Slabs

XPO Logistics has agreed to accept a serious violation and pay a fine of more than $10,000 in connection with a June 25 accident that claimed the lives of two workers.

Tim Fenster | Lockport (N.Y.) Union-Sun & Journal
January 23, 2019
Business, Logistics, Top 100

XPO Logistics Unveils LTL Optimization Plan

XPO Logistics truck XPO Logistics

XPO Logistics will begin a four-point plan to optimize less-than-truckload operations.

Transport Topics
November 13, 2018
Business, Logistics

XPO Logistics Posts Higher Revenue, Profits in Third Quarter

XPO Logistics triple trailer RaymondClarkeImages/Flickr

XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Technology, Logistics, Autonomous, Top 50

XPO Logistics to Use 5,000 Robots in Warehouses

XPO robotics in warehouse XPO Logistics

XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.

Daniel P. Bearth | Staff Writer
October 9, 2018