Whopping $50bn FedEx Freight? Or?
Running the numbers
Seldom, do three executives – CEO Harik, CFO Wismans, CSO Faghri – answer the multiple questions that came from the audience more exhaustively.
Their success, preceded by a formidable performance on the stock market since Friday of LTL rival ArcBest, hasn’t led to a new record for the old “XPO Logistics”, the one pro-forma umbrella company under which GXO + RXO + XPO operated and whose pro-forma aggregate value now ($50.48+$17.95+ $78.03=$146.46) is still slightly below previous all-in-one XPO Logistics records.
But $8.8bn-market-cap ...
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