News / XPO Logistics eyes new acquisition following strong Q1 result - while robots roam the facilities

XPO Logistics could agree its next acquisition as early as this month, chief executive Bradley Jacobs told The Loadstar in the aftermath of delivering record quarterly results yesterday.

“The timeline for agreeing our next acquisition is between three weeks and nine months,” he said.

In a later call with financial analysts, Mr Jacobs explained that XPO’s main criteria for takeover targets was firms with similar business lines that are mostly asset-light with relatively low CapEx requirements, although he added that that didn’t ...