XPO Logistics Plans to Split Into Two Companies
XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.
Coronavirus Likely Altered Supply Chains Permanently, XPO’s Chowdhury Says
Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.
XPO Posts Revenue Increase, Net Income Decrease in Q3
XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
Executives Discuss Long-Term Effects of Pandemic on Supply Chain
Executives from C.R. England and XPO Logistics said their customers are looking for stable, nimble and innovative partners to help them navigate an economic environment that remains uncertain several months into the COVID-19 pandemic. Watch the video from the TT/CQ Roll Call Symposium.
XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit
XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.
September 11, 2020XPO Reports Net Loss in Q2; Revenue Slides
XPO Logistics swung to a loss as revenue declined sharply in the second quarter because of the COVID-19 pandemic.
XPO’s Brad Jacobs Says Company Open to Future Acquisitions
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.
Former XPO Executive to Become Next Postmaster General
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, 2020XPO to Cease Operations at Pennsylvania Warehouse
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.
XPO Backs Away From Possible Sale, Spinoffs of Units
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.