XPO Logistics Sets New Growth Targets After Setbacks in 2018
XPO Logistics reported lower profits and overall flat revenue in the first quarter of 2019, but the company’s CEO drew an optimistic picture of the business going forward with $1.1 billion in new business added so far this year and more than $4 billion in active bids in its sales pipeline.
Ina Daly Thrives in Male-Dominated Profession
Arizona’s Ina Daly has become a staple in the truck driving competition arena. Not only has she proved her skills as a driver for XPO Logistics, but she also has shown she belongs in the male-dominated industry.
2019 Top 50 Logistics Companies
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.
XPO Logistics Terminates COO Ken Wagers
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.
XPO’s Brad Jacobs Hits Brakes on M&As
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.
XPO Denies Memphis Plant Closing Is Retaliation
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.
XPO Logistics Reports Disappointing Earnings
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.
XPO Logistics to Close Maryland Warehouse
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.
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.
XPO Logistics Unveils LTL Optimization Plan
XPO Logistics will begin a four-point plan to optimize less-than-truckload operations.
November 13, 2018