XPO Logistics
Business, Logistics

XPO Acquires UX Logistics for $59 Million

XPO Logistics

XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.

Transport Topics
February 10, 2015
Business, Logistics

New Technology Will Transform Trucking, Jacobs Says

FORT LAUDERDALE, Fla. — Bradley Jacobs, CEO of XPO Logistics, has a vision that many of trucking’s 2014 challenges will be removed by technological breakthroughs such as driverless trucks and drone deliveries combined with advanced analytics.

Rip Watson | Special to Transport Topics
November 18, 2014
Business, Logistics

XPO Logistics Loss Narrows as Revenue, Margins Climb

XPO Logistics

XPO Logistics Inc. narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved.

Transport Topics
November 6, 2014
Business, Logistics

XPO Says $700 Million Funding Will Speed Acquisitions

XPO Logistics Inc

XPO Logistics Inc. said three investors have agreed to a $700 million infusion of equity that will enable the company to accelerate its revenue and profitability growth plans.

Rip Watson | Special to Transport Topics
September 12, 2014
Business, Logistics

XPO Completes Acquisition of Logistics Firm New Breed

XPO Logistics

XPO Logistics said it has completed the acquisition of specialized logistics firm New Breed Holding Co. for $615 million.

Transport Topics
September 2, 2014
Business, Logistics

XPO Logistics Trims 2Q Loss, Plans Acquisition

XPO Logistics

XPO Logistics said it narrowed its second-quarter loss and announced an agreement to acquire New Breed Holding Co. for about $615 million.

Transport Topics
July 29, 2014
Business, Logistics

XPO Reports Fourth-Quarter Loss

XPO Logistics reported a fourth-quarter loss of $10.6 million, or 37 cents per share, compared with a loss of $9.3 million, or 57 cents per share, a year ago. Revenue increased about 137% to $257.2 million.

Transport Topics
February 25, 2014
Business, Logistics

XPO Says It Will Sell Stock, Issues Preliminary 4Q Report

XPO Logistics Inc. said it plans to offer 15 million shares to finance the cash portion of its previously announced purchase of Pacer International Inc. for $335 million.

Transport Topics
January 27, 2014
Business, Logistics

XPO to Buy Pacer for $335 Million to Expand in Intermodal Sector

XPO Logistics Inc. has agreed to purchase Pacer International Inc., the nation’s third-largest truck-rail intermodal freight operator, for $335 million in a deal that underscores the growing importance of that market segment.

January 13, 2014
Business, Logistics

XPO to Buy Pacer for $335 Million

Sean Lamb/Wikimedia

XPO Logistics Inc. said it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million.

Transport Topics
January 6, 2014

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