XPO Logistics-Teamsters Battleground Shifts to New Haven
The International Brotherhood of Teamsters is duking it out with XPO Logistics on a new front recently after 73 employees petitioned to remove Local 443 as their representative.
XPO Logistics to Hire 20% More Seasonal Staff
Logistics giant XPO Logistics reported it would hire more than 6,000 seasonal workers for its U.S. contract operations during the holiday season.
October 22, 2017Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits
Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.
XPO Pilot Testing Last-Mile Web Service
XPO Logistics is testing a web service that allows people who purchased appliances, furniture or other large items to track deliveries and receive e-mail or text message alerts about whether the driver is on time or delayed due to traffic or weather.
XPO Redoubling E-Commerce Efforts, Will Expand U.S. Network Through 2018
XPO Logistics Inc. will double its last-mile warehouses to capitalize on the rapid growth of e-commerce in North America, the company announced Sept. 12.
XPO Net Income Sets Record; CEO Eyes Major Acquisitions in US, Europe
XPO Logistics reported that profits increased 11% in the second quarter, setting new records in net income and revenue on the back of growth in last-mile e-commerce and contract logistics.
XPO Hires Christopher Synek as President of North American Transportation Division
XPO Logistics has hired Christopher Synek as president of transportation in North America, running the brokerage, expedited trucking, intermodal marketing, drayage and global forwarding businesses.
July 26, 2017XPO Reports Higher 2Q Revenue, Operating Income; Plans Another Stock Offering
XPO Logistics reported that revenue and operating income will be higher compared to a year ago, in a preview of the formal release of the company’s second-quarter results Aug. 2. Meanwhile, XPO also alerted the U.S. Securities and Exchange Commission that it plans to issue 11 million new shares of stock at a date that it will specify later.
Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
XPO Logistics Poised to Pursue Acquisitions Again
XPO Logistics Inc.’s CEO is on the hunt for takeover targets again after taking a two-year pause.