News / XPO chief bullish as he eyes $1 billion turnover and targets more acquisitions

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Emerging US truck broker and freight forwarder XPO Logistics is on the cusp of hitting the $1bn a year revenue mark, chairman and chief executive Bradley Jacobs told The Loadstar yesterday, shortly after the company reported its third-quarter results.

“We are currently at a run rate of a little over $900m, and with our most recent acquisition of 3PD, we will move past an annual revenue run rate in excess of $1bn in the next quarter,” he said.

Annual revenue run rate ...