Transportation M&A » By The Online Investor Staff, updated Tue., Apr. 13, 8:46 AM
Recent mergers and acquisitions in the Transportation M&A category.
| This Slide: #22 of 82 |
Slide #22. XPO Logistics — NLM
Acquirer:
XPO Logistics (NYSE:XPO)
Acquiree:
NLM
Details:
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 »
|
||||||||||||||||||||||||
Open the XPO Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Strong Buy (3.56 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
Analysts' Target Price: XPO Stock Forecast Based on Zacks ABR data; powered by Xignite |
