XPO Logistics

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
Business, Technology, Autonomous, Top 50, Top 100

XPO Logistics Set to Acquire 5,000 Robots From Peter Thiel-Backed Startup

XPO logistics robot arm XPO Logistics

XPO Logistics Inc. will buy 5,000 warehouse robots from a Singapore startup backed by billionaire Peter Thiel as part of a deal that makes XPO the only logistics provider to use the technology in North America, the U.K. and eight other European countries.

Thomas Black | Bloomberg News
October 3, 2018
Business, Logistics, Top 100

XPO Logistics Expands Driver Training Program

XPO Logistics truck on city street XPO Logistics

XPO Logistics Inc. is joining the growing ranks of trucking and logistical companies offering its employees some kind of educational benefit to combat the nationwide shortage of truck drivers and technicians.The Greenwich, Conn.-based carrier announced on Sept. 25 it is starting “The Drive for Success,” a new national scholarship program for professional driver trainees.

Dan Ronan | Associate News Editor
September 25, 2018
Business, Logistics, Top 100, Top 50

XPO Opens Final-Mile Distribution Hub in Toronto

XPO XPO Logistics

XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto.

Transport Topics
August 8, 2018
Business, Logistics

XPO Logistics Posts Record Results in Second Quarter

XPO Logistics CEO Brad Jacobs XPO Logistics CEO Brad Jacobs. (CNBC via YouTube)

XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.

Daniel P. Bearth | Staff Writer
August 1, 2018

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