|This Slide: #22 of 82|
Slide #22. XPO Logistics — NLM
XPO Logistics (NYSE:XPO)
XPO Logistics, Inc. ("XPO Logistics," "XPO" or "the company") (NYSE:XPO) today announced that it has entered into a definitive agreement with Landstar System, Inc. to acquire NLM, the largest provider of web-based expedited transportation management in North America. A second technology product, A3i, is included in the planned acquisition. The acquisition is expected to be immediately accretive to earnings, exclusive of any synergies with the company's existing expedite business.
XPO Logistics is a global provider of supply chain solutions to various companies. Co. has two reporting segments: Transportation and Logistics. Co.'s Transportation segment facilitates the movement of raw materials, parts and finished goods. Co.'s transportation services include less-than-truckload, truck brokerage and other transportation services. Co.'s Logistics segment provides a range of services including warehousing and distribution, order fulfillment and personalization, cold-chain logistics, packaging and labeling, aftermarket support, inventory management and supply chain optimization.
XPO SEC Filing Email Alerts Service
Open the XPO Page at The Online Investor »
Strong Buy (3.56 out of 4)