News / XPO Logistics moves into final mile deliveries with biggest acquisition to date

© Khunaspix Dreamstime.

XPO Logistics is on the verge of completing the largest acquisition of its short and colourful history with an agreement to buy Atlanta-based 3PD for $365m, set to be completed in the third quarter of the year, if cleared by antitrust regulators.

“This deal is transformational for us,” XPO Logistics chairman and chief executive Bradley Jacobs told The Loadstar. “Most of the freight we haul is from a factory or distribution centre to a retail store – now we are able ...