Ads
related to: xpo freight near me phone number
Search results
Results From The WOW.Com Content Network
XPO LTL facility in Tomah, Wisconsin, formerly a Con-way Freight terminal XPO is the second largest provider of less-than-truckload services in North America. [ 39 ] [ 40 ] LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. [ 41 ]
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 ...
In December 2020, XPO, Inc. announced that it would spin off its global contract logistics segment into a separate company. [10] In March 2021, XPO announced the new name of the firm as GXO Logistics Inc. [11] The spin-off was completed on August 2, 2021, [3] with American businessman Brad Jacobs named as Non-Executive Chairman, Malcolm Wilson as CEO; formerly the CEO of XPO, Inc. European ...
(Reuters) - Trucking company XPO Inc won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets.
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.
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 ...