Private equity's quiet takeover of US short-line railroads
Let’s delve into this classic rollup thesis
Of all the corporate love affairs we have covered in the past, XPO Logistics is the most noteworthy.
And there’s no denying we would want not one, but 100 or 1,000 Brad Jacobs leading the show in transport and logistics.
But with break-up 2.0, post-GXO, approved yesterday by the board of directors – the newly created entity RXO will be separated from XPO Logistics – the XPO Logistics stock story also leaves a big question mark over execution, if sustainable value creation ...
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