XPO Logistics expects to complete its next acquisition by the end of this year, chief executive Bradley Jacobs told The Loadstar yesterday.
The fast-growing US 3PL reported record annual results yesterday, which saw total group revenues come in at $15.3bn, up 4.7% from $14.6bn, while consolidated operating income rose 27.6% to $623m – meaning that its 4% underlying operating margin rose 70 basis points from 3.3% in 2016.
Net income rose to $340m from …

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Source: The Loadstar