XPO Logistics has acquired Optima Service Solutions for $26.6 million.
Trucking Freight Brokers
News & Analysis
15 Nov 2013
11 Nov 2013
Recent acquisitions and strong in-house growth powered a 173.3 percent leap in total revenue at XPO Logistics to $194 million in the third quarter.
05 Sep 2013
Property brokers and freight forwarders will have 60 days from Oct.
30 Aug 2013
The acquisition of 3PD Holding by XPO Logistics seems a detour from the fast-growing logistics company’s relentless pursuit of truck freight brokerage business. But XPO Chairman and CEO Bradley S. Jacobs says 3PD, a last-mile delivery logistics operator, not only complements XPO’s freight brokerage business but will open new routes deeper into shipper customer supply chains.
22 Jul 2013
Transportation group PTA Holdings plans to acquire a Midwestern intermodal trucking company, the company said July 22.
19 Jul 2013
Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012.
15 Jul 2013
XPO Logistics has agreed to pay $365 million to acquire all of the common stock of 3PD, a non-asset, third-party provider of heavy goods, last-mile logistics in North America.
13 May 2013
Though focused on building XPO Logistics' truck brokerage business, CEO Bradley S. Jacobs hasn't ignored the company's Express-1 division, the fifth-largest expedited trucking company.
09 May 2013
Shippers attending the 2013 NASSTRAC Shipper Conference and Transportation Expo in Orlando last month mentioned little trouble finding a truck when they need one, and at a price they’re willing to pay. But they have to work harder to get that truck, and they’re more likely to find it through a logistics provider or broker.
09 May 2013
XPO Logistics reported a net loss of $14.5 million in the first quarter of 2012, compared with a net loss of $2.7 million in the first quarter of 2012.