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The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [20] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [21] Beginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely a less-than-truckload (LTL ...
Its capabilities could be combined with Con-way Freight's Mexico network and Menlo Worldwide Logistics's border-based logistics operations. The acquisition created a business unit with over US$500 million in annual revenues for truckload freight. [4] On October 31, 2015, XPO, Inc., headquartered in Greenwich, Connecticut, acquired Con-way ...
The idea for Menlo Logistics was developed in the late 1980s. At that time, CF Inc.’s director of marketing, John Williford, presented the idea for the company's creation — an organization that offered warehouse, inventory, and transportation management as well as full integration of supply chain links through customized systems and software — to upper management.
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.
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In 2009, Con-way Freight reported revenues of over $2.6 billion. [4] In 2015, Con-way Inc., including Con-way Freight and sibling company Con-way Truckload, was acquired by XPO, Inc., a primarily non-asset logistics company from Greenwich, Connecticut, in a deal worth $3.5 billion. [5]
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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.