XPO hauls in another set of record results and zooms in on takeover targets

XPO Logistics this week reported another set of record quarterly results as it whittles down its possible acquisition targets to around a dozen.
Chief executive Brad Jacobs told The Loadstar the 3PL was now in a different phase in its M&A strategy.
“The base case scenario of doing a couple of deals by the end of this year remains on track – a year ago there was a couple of hundred potential targets; that has now …

The post XPO hauls in another set of record results and zooms in on takeover targets appeared first on The Loadstar.

Source: The Loadstar

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