Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

XPO Inc XPO

Consumer Cyclical Financial Services Advertising Agencies
XPO, Inc. is a provider of freight transportation services. The Company moves goods through its customers supply chains in North America and Europe. It operates through two segments: North American Less-Than-Truckload (LTL), and European Transportation. The North American LTL segment provides shippers with geographic density and day-definite domestic and cross-border services to the United States (U.S.), as well as Mexico, Canada, and the Caribbean. It also includes trailer manufacturing operations. The European Transportation segment offers a range of services, such as truckload, LTL, truck brokerage, managed transportation, last mile, freight forwarding and multimodal solutions, including road-rail and road-short sea combinations. It serves a base of customers in consumer, trade, and industrial markets. The Company offers XPO Connect, a cloud-based digital platform for transportation procurement that encompasses a freight optimizer system, shipper interface and carrier interface.


NYSE:XPO - Post by User

XPO Inc
Bullboard Posts
User Avatar Image
(0)
•••
Post by RionsRunon Jan 29, 2016 8:22pm
112 Views
Post# 24507795

XPO Logistics cuts 190 jobs to streamline operations

XPO Logistics cuts 190 jobs to streamline operations
~$50M in annualized savings in the three months since Con-way acquired.
 
Jan 29 2016, 16:43 ET | About: XPO Logistics, Inc (XPO) | By: Carl Surran, SA News Editor  Contact this editor with comments or a news tip
XPO Logistics (NYSE:XPO) says it is cutting ~190 jobs to address redundancies resulting from its acquisition of the Con-way trucking business last October.XPO expects the reductions, mostly in administrative and back office positions, to cut costs by more than $20M/year and boost perating profit by $170M-$210M over two years.XPO says it has realized ~$50M in annualized savings in the three months since it acquired Con-way.
 
 
https://seekingalpha.com/news/3067856-xpo-logistics-cuts-190-jobs-streamline-operations?uprof=45#email_link
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities