XPO Logistics, Inc. is a premium third-party logistics (3PL) provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations.
XPO's suite of premium logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and premium truckload brokerage services through Bounce Logistics, Inc. XPO's compatible divisions share the same values in providing first-class service through a results-driven workforce. XPO customers have access to a comprehensive suite of premium logistics services, while leveraging integrated networks, systems, skill sets and industry expertise. All three divisions are SmartWay Transport partners, demonstrating company-wide commitment to environmentally friendly operations.
Established in 1989, Express-1, Inc. is a North American expert in expedited solutions offering a unique business platform utilizing a non-asset based expedited transportation process. Express-1 is known for handling emergency shipments with the utmost competent care. Express-1 hires fleets of exclusive, independent contractors to serve customers in the United States, Canada and Mexico, and focus on high-value, time-critical and priority shipments. Most shipments are larger in dimension or weight than those of typical overnight carriers and/or require immediate pick-up and delivery. These needs differentiate Express-1's expedited services from overnight and truckload transportation methods.
Bradley Jacobs becomes Chairman and CEO of former Express-1 Expedited Solutions
XPO Logistics, Inc. (NYSE Amex: XPO) completed the previously announced equity investment led by Jacobs Private Equity, LLC. Under the terms of the transaction, Jacobs Private Equity and minority co-investors will invest an aggregate of up to $150 million in cash in the Company, including an investment by Jacobs Private Equity of up to $135 million, in each case including amounts payable upon exercise of warrants.
More News And Updates At: http://bestotc.com/18038/stock-alerts/xpo-crwe-iin-xwes-brcd-stock-revie...