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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.

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.

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.

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.

XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto.

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.

XPO Logistics has joined with food and drink giant Nestle to create a 638,000-square foot distribution center that will feature robotics and state of the art automation in Leicestershire, United Kingdom. The center is scheduled to be completed in 2020.

XPO Logistics this year plans to spend more than $90 million to purchase 770 new tractors for its less-than-truckload network in North America.

XPO Logistics Inc. is so popular among hedge funds that 10 of them have more than 5% of their disclosed equity investments in the stock.