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Slide #28. XPO Logistics — Optima Service Solutions, LLC
XPO Logistics (NYSE:XPO)
Optima Service Solutions, LLC
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 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 truck brokerage, expedite, intermodal, drayage, last mile, less-than-truckload, full truckload, global forwarding and managed transportation. Co.'s Logistics segment services include warehousing, distribution and inventory management, omnichannel and e-commerce fulfillment, reverse logistics, cold chain solutions, packaging and labeling, factory support, aftermarket support and order personalization services.
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Strong Buy (3.53 out of 4)