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Airlines M&A image Airlines M&A » By The Online Investor Staff, updated Fri., Mar. 29, 3:22 AM Recent mergers and acquisitions in the Airlines M&A category.

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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Company Name: 
XPO Inc
Stock buyback: 
XPO buyback
Website: 
www.xpo.com
Sector: 
Airlines
Number of ETFs Holding XPO: 
60
Total Market Value Held by ETFs: 
$2.25B
Total Market Capitalization: 
$14.27B
% of Market Cap. Held by ETFs: 
15.76%
 

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Buy (3.46 out of 4)
55th percentile
(ranked higher than approx. 55% of all stocks covered)

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