Company details

XPO Logistics, Inc.

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XPO Logistics, Inc. (NYSE: XPO) is a leading, non-asset based, third-party logistics service provider, on track to become one of the fastest-growing companies of its kind in North America. The company operates in three areas of business: expedited transportation (Express-1, Inc.), freight forwarding (Concert Group Logistics, Inc.), and freight brokerage. XPO Logistics provides these services to more than 4,000 customers in the retail, commercial, manufacturer and industrial sectors through a network of relationships with ground, ocean and air carriers.

Following a significant investment in the company by Jacobs Private Equity, LLC in September 2011, XPO Logistics initiated a three-part growth strategy: selective acquisitions of non-asset based logistics companies that would benefit from greater scale and potential access to capital; organic growth through the opening of a significant number of new locations in North America; and the optimization of operations, including the leveraging of scale.