News / Acquisitions accelerate XPO Logistics into the fast lane as revenues rocket

XPO Logistics “remains on course” to deliver an earnings before interest, tax, depreciation and amortisation (EBITDA) of $1.25bn this year, after this week posting $249m for the first quarter.

“The first quarter is seasonally our slowest in terms of revenues,” chief executive Brad Jacobs told The Loadstar. “But the $249m adjusted EBIDTA was higher than we had budgeted for, so we are in a very high trajectory and are very confident.”

He says that although the third quarter is traditionally the strongest for the ...