The first quarter of this year was a record in terms of revenue for XPO Logistics, which reported a $4.77bn turnover, propelled by its strong growth in its truck brokerage business.
This compared with revenues of $3.86bn for the first three months of last year. Adjusted ebitda for Q1 this year grew to $443m from $333m a year ago.
The company’s transport division, which includes truck brokerage, full-truckload and less-than-truckload (LTL) operations, …
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Source: The Loadstar