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.
February 14, 2019XPO Logistics
Business, Logistics, Top 50, Top 100
XPO Logistics via YouTube
XPO Logistics Reports Disappointing Earnings
XPO Logistics via YouTube
Business, Logistics, TCA
An XPO Logistics warehouse (XPO)
XPO Logistics to Close Maryland Warehouse
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.
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.
January 23, 2019
Business, Logistics, Top 100
XPO Logistics
XPO Logistics Unveils LTL Optimization Plan
XPO Logistics
XPO Logistics will begin a four-point plan to optimize less-than-truckload operations.
November 13, 2018
Business, Logistics
RaymondClarkeImages/Flickr
XPO Logistics Posts Higher Revenue, Profits in Third Quarter
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.
October 31, 2018
Business, Technology, Logistics, Autonomous, Top 50
XPO Logistics
XPO Logistics to Use 5,000 Robots in Warehouses
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.
October 9, 2018
Business, Technology, Autonomous, Top 50, Top 100
XPO Logistics
XPO Logistics Set to Acquire 5,000 Robots From Peter Thiel-Backed Startup
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.
October 3, 2018
Business, Logistics, Top 100
XPO Logistics
XPO Logistics Expands Driver Training Program
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.
September 25, 2018
Business, Logistics, Top 100, Top 50
XPO Logistics
XPO Opens Final-Mile Distribution Hub in Toronto
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.
August 8, 2018
Business, Logistics
XPO Logistics CEO Brad Jacobs. (CNBC via YouTube)
XPO Logistics Posts Record Results in Second Quarter
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.
August 1, 2018Pages
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