This Slide: #14 of 28 |
Slide #14. XPO Logistics — Optima Service Solutions, LLC
Acquirer:
XPO Logistics (NYSE:XPO)
Acquiree:
Optima Service Solutions, LLC
Details:
XPO Logistics, Inc. ("XPO Logistics," "XPO" or "the company") (NYSE:XPO) today announced that it has acquired Optima Service Solutions, LLC ("Optima"), a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.
XPO is a provider of freight transportation services. Co.'s North American Less-than-Truckload (LTL) segment provides its customers with geographic density and day-definite regional, inter-regional and transcontinental LTL freight services, including cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. In Co.'s Brokerage and Other Services segment shippers create the truckload demand and Co. places their freight with qualified carriers, pricing its service on either a spot or contract basis, and this segment also includes last mile logistics for heavy goods sold through e-commerce, omnichannel retail and direct-to-consumer channels.
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