News / XPO Logistics decides to keep Con-way full-truckload unit to capitalise on growing US-Mexico traffic

XPO Logistics has revealed that will retain the full-truckload (FTL) business unit of Con-way Freight, which it acquired at the end of October.

The $3bn acquisition was motivated by the potential from merging Con-way’s less-than-truckload (LTL) operations with XPO’s own, to make it the second-largest LTL operator in North America.

Following the acquisition, XPO chief executive Bradley Jacobs confirmed to The Loadstar that “we have had a number of unsolicited inbound calls from competitors interested in acquiring the FTL business; and we have to consider these ...