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XPO Logistics acquires Con-Way!

Discussion in 'Con-Way' started by double yellow, Sep 9, 2015.

Page 1 of 10
  1. Sep 9, 2015 #1
    double yellow

    double yellow Road Train Member

    5,946
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    Aug 28, 2011
    State of Jefferson
    0
    double yellow, Sep 9, 2015
    double yellow, Sep 9, 2015
    #1
    paul_4lp, RoadRooster, Cw5110 and 1 other person Thank this.
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  3. Sep 9, 2015 #2
    TruckDuo

    TruckDuo Road Train Member

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    Oct 21, 2012
    Chicago, IL
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    Wow !
     
    TruckDuo, Sep 9, 2015
    TruckDuo, Sep 9, 2015
    #2
    RoadRooster Thanks this.
  4. Sep 9, 2015 #3
    Cw5110

    Cw5110 Heavy Load Member

    875
    925
    Oct 19, 2013
    Georgia
    0
    Speechless right now more money more loads. I just hope its worth it all.
     
    Last edited: Sep 9, 2015
    Cw5110, Sep 9, 2015
    Cw5110, Sep 9, 2015
    #3
    RoadRooster Thanks this.
  5. Sep 9, 2015 #4
    upnorthwpg

    upnorthwpg Road Train Member

    1,619
    2,278
    Sep 23, 2011
    0
    This may be a good thing... Xpo is a massive logistics company with a great financial footprint. We were only one of two remaining major ltl companies not owned by a logistics company. They have tons of cash, hell three billion cash for us? It may be a good thing.
     
    upnorthwpg, Sep 9, 2015
    upnorthwpg, Sep 9, 2015
    #4
    paul_4lp and RoadRooster Thank this.
  7. Sep 9, 2015 #5
    double yellow

    double yellow Road Train Member

    5,946
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    Aug 28, 2011
    State of Jefferson
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    Bradley Jacobs will be the new CEO -- he's a real interesting guy and many think of him as a business superstar. He dropped out of Brown in the 70's to broker oil, founded a waste management company in the 80s & sold it in the 90's for $2 billion, then founded a little company called United Rentals in 1997. In 2011 he took control of XPO and in those 4 years its stock has gone from ~3 to 35.

    Douglas Stotlar, he is not...


    The question not addressed in business bio's is how his employees view him.
     
    double yellow, Sep 9, 2015
    double yellow, Sep 9, 2015
    #5
    paul_4lp, crazeydude and RoadRooster Thank this.
  8. Sep 9, 2015 #6
    Surfer Joe

    Surfer Joe Heavy Load Member

    960
    1,086
    Feb 27, 2011
    Cape Ann, Massachusetts
    0
    More idol worship from the tory.
    Bradley Jacobs you are most definitely not.
     
    Surfer Joe, Sep 9, 2015
    Surfer Joe, Sep 9, 2015
    #6
  9. Sep 9, 2015 #7
    Cat sdp

    Cat sdp . .

    19,866
    64,132
    Apr 8, 2012
    Orion's Belt
    0
    Time will tell .... But I'm betting that the average driver/lease operator is not going to make more $$$.
     
    Cat sdp, Sep 9, 2015
    Cat sdp, Sep 9, 2015
    #7
    Mike2633, Starboyjim, daf105paccar and 5 others Thank this.
  10. Sep 10, 2015 #8
    Getsinyourblood

    Getsinyourblood Road Train Member

    1,249
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    Jul 5, 2014
    Retired. North Texas
    0
    Wow. 3 billion dollars according to cnbc this morning. Hope you guys own the stock. The sale is a 32% premium of Wednesday's closing stock price.
     
    Getsinyourblood, Sep 10, 2015
    Getsinyourblood, Sep 10, 2015
    #8
    Mann0567 Thanks this.
  11. Sep 10, 2015 #9
    77smartin

    77smartin Road Train Member

    2,183
    3,021
    Apr 3, 2011
    I dunno.
    0
    Bradley Jacobs is a baller.
     
    77smartin, Sep 10, 2015
    77smartin, Sep 10, 2015
    #9
    paul_4lp, double yellow and TruckDuo Thank this.
  12. Sep 12, 2015 #10
    FLATBED

    FLATBED Road Train Member

    6,665
    5,499
    Sep 14, 2008
    Back behind the Wheel and out of the OFFICE
    0
    XPO raised $1.26 BILLION in Equity back in June for future investment , expansion and purchases as well as completing the purchase of BTT , Bridge Terminal Transport
     
    FLATBED, Sep 12, 2015
    FLATBED, Sep 12, 2015
    #10
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