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Mario Harik, XPO's former chief information officer, who also serves as the company's president, was appointed as CEO. [24] In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. [33] [22] In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. [34]
Penchant Software is a provider of planning, tracking and execution software for logistics companies and continues to be based in Minneapolis. [5] Optima Service Solutions- On November 15, 2013, XPO, Inc. acquired Optima Service Solutions of Roswell, GA, expanding the last mile offerings of its 3PD unit. [6]
For a short period between 2015 and 2016, the company was owned by XPO, Inc. and known as XPO, Inc. Truckload. In 2016, it was acquired by Canadian logistics company TFI International who returned it to its pre-2007 operations as a standalone truckload company under its original name, CFI. TFI sold the company to Heartland in 2022.
XPO Logistics, Inc (NYSE: XPO) shared preliminary results for the third quarter of FY22 and long-term targets. XPO expects revenue of $3.04 billion, below the consensus of $3.1 billion. It expects ...
XPO Logistics, Inc. Chairman and CEO Brad Jacobs joins Yahoo Finance Live to discuss why the company is spinning off its freight brokerage, European, and intermodal businesses.
The end of XPO Logistics, Inc. (NYSE: XPO) as the transport and logistics industries have come to know it may be at hand. The $17 billion giant has begun entertaining possible acquisition offers ...
On September 9, 2015, Con-way Inc. (including Con-way Freight) was acquired by XPO, Inc. [8] Roughly a year later, on October 27, 2016, XPO, Inc. completed the sale of Con-way Truckload, its recently acquired full-truckload division (3,000 tractors, 7,500 trailers, and 29 locations) from Con-way Freight to the Canadian based TFI International ...
XPO Logistics (NYS: XPO) reported earnings on July 30. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 30 (Q2), XPO Logistics whiffed on revenues and ...