XPO Logistics

New technology, capital, and business models have changed the competitive landscape.

It’s a bold plan and FreightWaves’ Mark Solomon has plenty of experience covering XPO to give us a unique perspective.

Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed

Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.

Brad Jacobs enters rich, leaves richer

Report urges balanced approach to zero-emissions logistics.

J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.

XPO’s IT investments help offset weak macro environment for freight

One year after a sharply negative report sent shares plunging, XPO stock has more than recovered

Saia, Old Dominion fourth quarter updates show that one may be gaining at the expense of the other

Plan, then plan some more as the ability of a 3PL to handle the holidays becomes test for handling the rest of the year.

Meet David Faulkenberry, FreightWaves final mile market expert, who joins the company’s deep bench after a storied career at XPO Logistics, 3PD, HomeDirect, GeoLogistics and more.

Tech-enabled last mile is still in early innings, and there are a number of competing strategies.

XPO Logistics stays ahead of macro weakness as net income, EPS jump in q3

Drone Delivery Canada’s sales agreement with Air Canada pays off as it reaches a deal to provide a drone platform at DSV Panalpina’s facility near Toronto.

Gillihan plans to build a process-driven sales floor that can scale.

Now Goldman thinks that ISM data won’t turn positive until Q2 2020.

A shortage of nickel may stall EV battery production’ car haulers cry the driver shortage blues; where will the value-added warehouse jobs come from?

Michael Welch dies. Had co-founded forerunner firm to what is now XPO Logistics

XPO Logistics may be getting back in the M&A game

XPO unit, class of drivers and helpers reach $5.5 million settlement to end three-year legal fight over job classification

XPO second-quarter results allays analyst concerns as it navigates through a tough top-line

XPO Logistics posts flat second-quarter revenue, exceeds estimates on EPS, cash flow

Incentive to get safety advocates, Congress on board

XPO shareholders reject Teamsters union proposal to split company’s chairman and CEO roles.

Real estate services concern Cushman & Wakefield (NYSE: CWK) has hired Tray Anderson, a top executive at supply chain management consultancy Fortna, to run its logistics and industrial services operation for the Americas. Anderson replaces John Morris, who has left the company. Before joining Cushman & Wakefield (C&W), Anderson ran global supply chain strategy at […]

XPO Logistics, Inc. (NYSE:XPO) was prepping late last year for a massive acquisition, one that Chairman and CEO Brad Jacobs said Tuesday would have effectively doubled XPO’s $17 billion a year size “in short order,” before it shifted gears and launched a sizable stock repurchase plan in a bid to capitalize on the equity’s low […]

Good execution has CEO Jacobs in ebullient mood.

Eight years since he burst on the scene with a $150 million acquisition of a then 22-year-old company called Express-1 Expedited Solutions, Brad Jacobs today sits astride a $17 billion per year multi-national behemoth.

Hundreds of truck drivers across the Midwest volunteered their time to deliver hay bails to farmers affected by flooding in the MIdwest.

Human Rights Campaign survey shows most, least LGBTQ-friendly companies

XPO adds IT functionality to core business.

Wagers’ position goes, and so does he.

The credit metrics for XPO have weakened but are still good enough for a BB rating.

Protecting market share is part of the battle over longer trucks.

Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.

Share buybacks a better use of capital, Jacobs asserts.

Move prompted by customer ending Aberdeen business.

FedEx promises fast action to fix FedEx Express’ TNT Express network.

It’s an aggressive push by Deutsche to rebut the suggestion that XPO has serious accounting issues.

Even the Port’s director agrees something needs to be done; East Coast port notches new record; ATA crows about California victory.

Keynotes will include Gary Vaynerchuk, David Rowan, Andrew Clarke, Shelley Simpson, and Brad Jacobs.

Labor continues to rumble in warehousing sector; Autonomous truck demos one thing, but roadworthy vehicle is another.

A number of analysts have stepped forward and issued counterarguments to a negative report on Thursday about XPO, and the company itself has announced a share buyback program.

XPO Logistics has disputed the content of a report from Spruce Point Capital Management, a noted short-seller of stocks, that claims XPO has “perpetuated a massive financial scheme on the public.”

Shares fall sharply amid possible downward earnings revision for ‘19

After an unprecedented acquisition spree, XPO Logistics focused on IT. Here, robots move smartphones in an XPO facility.

As far as investors are concerned, the trade war is effectively back on.

Company faces backlash over allegations of poor treatment of workers in Memphis.

XPO Logistics is rolling out four new LTL optimization technologies and has announced a fast-track and free process for military members and veterans to receive their CDL.

XPO stock dragged down by soft Q3 results, M&A impatience.

XPO to roll out suite of I.T. improvements for LTL unit.

The new tool will allow machine learning to accept and interpret counteroffers from carriers, and decide if they’re too high or just right.

Rating agency Moody’s Investors Service said it upgraded its ratings on about $3.2 billion debt issued by XPO Logistics, Inc., (NYSE: XPO) citing a “positive operating environment” in 2019 for transport and logistics companies, as well as XPO’s strong performance.

Also in the pickup: IMO meets with 2020 on the horizon; Rhine levels are causing plants to shut down; C.R. England and its charitable cause

The plant at the heart of the story was acquired by XPO a few years ago. The company reportedly was stunned by the allegations in the article.

West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.

XPO Logistics was named to the Fortune Future 50 list of U.S. public companies while KeepTruckin and Transfix were both honored by Forbes as two companies likely to achieve unicorn status.

Differences remain in what is best path for drivers to follow, but all agree that port congestion is a problem that needs fixing.

Additional robotic deployment comes as XPO readies for seasonal rush.

Logistics company argues that it has improved conditions at warehouse one year after its purchase.

Update: Latest labor action brings attention to drayage drivers as NFI says union is trying to “force” representation on drivers.

The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed by a softer 2019 that should still be 12% above the 2012-7 cycle. New price targets were also issued.

XPO already has an extensive tuition-free training program in-house. This move expands it out the front door.

XPO’s seasonal numbers are up 20% from last year. Those sorts of needs is why Amazon has a unique program for a unique group of people.

Amazon is scaling up its asset side on both last mile delivery and linehaul, pursuing a low-cost strategy of leased vehicles, independent contractors, and power-only deals with enterprise carriers.

After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).

XPO’s Last Mile business in Canada previously had been serviced out of retail stores. Now it has its first facility.

Every day during the race, XPO Logistics is in charge of moving the mini-city that makes up the backbone of the Tour de France.

XPO Logistics announced this morning that it will be adding augmented reality to its Ship XPO platform, giving end customers the opportunity to visualize how items such as sofas, beds and appliances, will look inside their home.

Stifel resumed coverage of major 3PLs on Monday with a flurry of analyst notes: we report J. Bruce Chan’s key findings on XPO Logistics, CH Robinson, and Echo Global.

On June 18, XPO Logistics announced their partnership with Nestlé as the two plan to construct “a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park (SLPEMG) in Leicestershire, UK.”

The company even managed to cut purchased transportation costs, which is the opposite of what many others experienced.

XPO Logistics is the latest transportation company to offer customers an online freight marketplace, bringing big investment and the company’s own ready-made list of shippers and carriers to fire back at the upstarts

A decision by an NLRB administrative law judge this year was mostly negative for XPO in its relationship with the Teamsters.

The spot market is normalizing; XPO’s Brad Jacobs talks jazz and M&A; China COSCO’s purchase of OOCL might be held up; railroad Teamsters want NAFTA changes; weak spot rates for container ships pulling down contract negotiations; Xi looks for a way out of the trade war.

Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana; air cargo markets may see slower growth; Covenant stock hits a 52 week high.

Volkswagen invests $25B in EVs; Tesla exposed to neodymium supply shocks; FedEx to announce earnings today; Union Pacific plans $127M capex in Arkansas; Maersk says Canadian container trade growth will outpace U.S. in 2018.

Drivers say they’re employees, though their classification is as a contractor

Elon Musk says 100k Tesla Semis annually by 2022; Mexican cargo theft doubles YOY; the 2019 Mercedes-Benz Sprinter is awesome; click through for the rest of today’s digest.

Stifel presented reasons why it doesn’t make sense for Home Depot to buy XPO Logistics, but they still think there’s a 31% upside on XPO Stock over twelve months.

XPO Logistics stock shot up to ~$90 on a rumored acquisition by Home Depot, and some analysts think the price will rise much, much higher.

Uber Freight has added two new features to its app that it believes will help truckers find loads quicker and reduce empty miles.

The Alliance for Driver Safety & Security, aka the Trucking Alliance, has adopted four technologies that the AAA Foundation for Traffic Safety says is critical to reducing large truck crashes.