XPO Logistics News Updates

Business

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.

October 26, 2017
Business, Logistics

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, 2017
Business, Logistics, Top 50

Logistics 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.

October 11, 2017
Business, Technology

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.

September 29, 2017
Business, Logistics

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.

September 12, 2017

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.

August 2, 2017
Business, 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, 2017
Business

XPO 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.

July 17, 2017
Business, Equipment, Logistics

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.

July 13, 2017
Business, Logistics

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.

July 3, 2017