XPO Logistics

After almost five years of sometimes frantic merger and acquisition activity, XPO Logistics this week finally rewarded its investors by delivering its first quarter of net profit.

The US-headquartered logistics firm, which has seen rapid expansion over the past few years with a series of high-profile takeovers, posted a net profit of $42.6 for the second quarter, on revenues of $3.7bn, a 203% growth on the same period last year.

In second quarter of 2015 it posted a net loss of $75.1m, ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.