News / XPO Logistics sprints ahead on its M&A spree, and CEO Jacobs now eyes profits

26/02/2014

US forwarder XPO Logistics more than doubled its revenues last year, following six acquisitions, although net losses also more than doubled, to $48.5 million.

Management announced the $335 million acquisition of US intermodal operator Pacer International in January, and expects to acquire another $400 million of ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber