XPO Logistics acquires Con-Way!

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

  1. double yellow

    double yellow Road Train Member

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  2. TruckDuo

    TruckDuo Road Train Member

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  3. Cw5110

    Cw5110 Heavy Load Member

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    Speechless right now more money more loads. I just hope its worth it all.
     
    Last edited: Sep 9, 2015
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  4. upnorthwpg

    upnorthwpg Heavy Load Member

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    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.
     
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  5. double yellow

    double yellow Road Train Member

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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.
     
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  6. Surfer Joe

    Surfer Joe Heavy Load Member

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    More idol worship from the tory.
    Bradley Jacobs you are most definitely not.
     
  7. Cat sdp

    Cat sdp . .

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    Time will tell .... But I'm betting that the average driver/lease operator is not going to make more $$$.
     
  8. Getsinyourblood

    Getsinyourblood Road Train Member

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    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.
     
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  9. 77smartin

    77smartin Road Train Member

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    Bradley Jacobs is a baller.
     
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  10. FLATBED

    FLATBED Road Train Member

    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
     
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