Sign up for The Wire Newsletter!

XPO Logistics Ready To Buy Again

Discussion in 'General Expediter Forum' started by DollarSign, Sep 14, 2017.

  1. DollarSign
    Wisdomatic

    DollarSign Veteran Expediter Owner/Operator

    Joined:
    Jun 27, 2011
    Messages:
    2,159
    Trophy Points:
    380
    Ratings:
    +2,318 / 4 / -0
    Carrier:
    Load One
    Vehicle:
    Sprinter
    I was watching Tv and flipping channels and saw Brad Jacobs. Mr. Jacobs said that coming soon they could acquire someone up to $7 to $8 billion dollars without adding debt to the company. He also said it could be soon. Wonder what's next and who?
     
  2. Worn Out Manager
    Amused

    Worn Out Manager Veteran Expediter Owner/Operator US Air Force

    Joined:
    Apr 5, 2015
    Messages:
    4,357
    Trophy Points:
    620
    Ratings:
    +10,079 / 25 / -1
    Carrier:
    CROSS ROADS
    Vehicle:
    '15 Transit 350
    We're safe, that's not nearly enough to cover Crossroads

    Sent from my XT1710-02 using EO Forums mobile app
     
    • Like Like x 1
    • Funny Funny x 1
    • ntimevan

      ntimevan Veteran Expediter Owner/Operator

      Joined:
      Jul 2, 2010
      Messages:
      8,200
      Trophy Points:
      855
      Ratings:
      +15,579 / 18 / -2
      Carrier:
      Road Runner
      Vehicle:
      promaster
      OVM Mfg..... only if a Cash sale ....

      my Poking sticks are donated by OVM Mfg. of Bison , SD.
       
      • Like Like x 3
      • Funny Funny x 1
    • Ragman
      EO4ME

      Ragman Veteran Expediter Driver

      Joined:
      Dec 29, 2009
      Messages:
      12,596
      Trophy Points:
      955
      Ratings:
      +15,413 / 11 / -3
      Carrier:
      Semi-Retired
      Vehicle:
      Straight truck
      [​IMG]
       
      • Like Like x 8
    • piper1
      Adorable

      piper1 Veteran Expediter Owner/Operator

      Joined:
      Sep 22, 2007
      Messages:
      1,783
      Trophy Points:
      330
      Ratings:
      +1,324 / 4 / -0
      269_001.jpg Fixed it for ya.
       
      • Like Like x 4
      • Funny Funny x 4
      • Winner Winner x 1
    • danthewolf00
      Batty

      danthewolf00 Veteran Expediter

      Joined:
      Jul 15, 2008
      Messages:
      1,656
      Trophy Points:
      210
      Ratings:
      +474 / 1 / -1
      So who's the biggest trucking company besides xpo and panther/abf?
       
    • DollarSign
      Wisdomatic

      DollarSign Veteran Expediter Owner/Operator

      Joined:
      Jun 27, 2011
      Messages:
      2,159
      Trophy Points:
      380
      Ratings:
      +2,318 / 4 / -0
      Carrier:
      Load One
      Vehicle:
      Sprinter
      He could go into a different direction. Maybe not into expedite. The key words were "up to" that dollar amount. Could be anyone. Just thought it was interesting.
       
      • Like Like x 1
    • Steady Eddie

      Steady Eddie Veteran Expediter Owner/Operator

      Joined:
      Oct 31, 2004
      Messages:
      4,824
      Trophy Points:
      455
      Ratings:
      +4,275 / 5 / -2
      Carrier:
      Load One
      Think bigger. Non-Expedite.


      Sent from my iPhone using EO Forums
       
      • Agree Agree x 1
    • danthewolf00
      Batty

      danthewolf00 Veteran Expediter

      Joined:
      Jul 15, 2008
      Messages:
      1,656
      Trophy Points:
      210
      Ratings:
      +474 / 1 / -1
      Airplanes? Or a very large trucking company.
       
      • Like Like x 1
    • Treadmill
      Caffeine Fix

      Treadmill Veteran Expediter Owner/Operator

      Joined:
      Jan 1, 2008
      Messages:
      2,219
      Trophy Points:
      430
      Ratings:
      +3,182 / 6 / -1
      Carrier:
      Load One
      Vehicle:
      2017 Sprinter
      Could it possibly be Landstar?
       
    • Worn Out Manager
      Amused

      Worn Out Manager Veteran Expediter Owner/Operator US Air Force

      Joined:
      Apr 5, 2015
      Messages:
      4,357
      Trophy Points:
      620
      Ratings:
      +10,079 / 25 / -1
      Carrier:
      CROSS ROADS
      Vehicle:
      '15 Transit 350
      Ceva or Roadrunner.

      Sent from my XT1710-02 using EO Forums mobile app
       
    • Steady Eddie

      Steady Eddie Veteran Expediter Owner/Operator

      Joined:
      Oct 31, 2004
      Messages:
      4,824
      Trophy Points:
      455
      Ratings:
      +4,275 / 5 / -2
      Carrier:
      Load One
      My first thought was LandStar, will need a few others to fulfill that dollar amount. LandStar fits his plan.


      Sent from my iPhone using EO Forums
       
      • Like Like x 1
    • Moot
      Confused

      Moot Veteran Expediter Owner/Operator

      Joined:
      Dec 26, 2005
      Messages:
      10,461
      Trophy Points:
      1,005
      Ratings:
      +6,682 / 4 / -1
      Carrier:
      Panther
      Vehicle:
      Transit 350 Long/Tall Ecoblast
      Think Europe, although Land Star being a non-asset based company certainly could be a target. I'm amazed his buying spree continues after paying 3 billion for Con-Way.
       
      • Agree Agree x 1
    • beachbum

      beachbum Veteran Expediter Owner/Operator

      Joined:
      May 24, 2011
      Messages:
      959
      Trophy Points:
      170
      Ratings:
      +399 / 1 / -0
      Carrier:
      Landstar
      I do know one thing, express America has lot less trucks leased on then 6 years ago. I could be wrong.

      Sent from my SAMSUNG-SM-G891A using EO Forums mobile app
       
      • Like Like x 1
      • Agree Agree x 1
    • DollarSign
      Wisdomatic

      DollarSign Veteran Expediter Owner/Operator

      Joined:
      Jun 27, 2011
      Messages:
      2,159
      Trophy Points:
      380
      Ratings:
      +2,318 / 4 / -0
      Carrier:
      Load One
      Vehicle:
      Sprinter
      I think before he sold CFI, XPO was at $5.1 billion in the hole. I think now there still over $4 billion! He did mention Europe about it takes so long to get goods and services to you.
       
      • Agree Agree x 1
    • xmudman

      xmudman Veteran Expediter Owner/Operator

      Joined:
      Jan 23, 2006
      Messages:
      2,388
      Trophy Points:
      430
      Ratings:
      +2,886 / 7 / -1
      Carrier:
      Seek First LLC
      Vehicle:
      E250
      DHL?
       
      • Like Like x 1
    • geo
      Bashful

      geo Veteran Expediter Charter Member Owner/Operator US Navy

      Joined:
      Nov 30, 1999
      Messages:
      2,500
      Trophy Points:
      265
      Ratings:
      +687 / 3 / -1
      Carrier:
      ceva retired
      Vehicle:
      Sprinter
      when eagle log was bought out, Apollo, bought out 3 companies at same time, and took one letter from each of companies to make name ceva, e is for eagle, a . is for apolla, c and v don't know who they are , they never said
       
    • Moot
      Confused

      Moot Veteran Expediter Owner/Operator

      Joined:
      Dec 26, 2005
      Messages:
      10,461
      Trophy Points:
      1,005
      Ratings:
      +6,682 / 4 / -1
      Carrier:
      Panther
      Vehicle:
      Transit 350 Long/Tall Ecoblast
      DHL is a subsidiary of a German company but either part or the whole works could be a possible acquisition. Probably depend on Germany's legalities concerning foreign ownership.
       
    • DollarSign
      Wisdomatic

      DollarSign Veteran Expediter Owner/Operator

      Joined:
      Jun 27, 2011
      Messages:
      2,159
      Trophy Points:
      380
      Ratings:
      +2,318 / 4 / -0
      Carrier:
      Load One
      Vehicle:
      Sprinter
      Ask UPS about buying a Germany company. They were buying a air package company over there. That company was #2 or #3 behind DHL. That was a couple years ago, don't know if it went through. I do know it was tough.
       
    • Darmstadter
      Arthritic

      Darmstadter Expert Expediter

      Joined:
      Jul 6, 2009
      Messages:
      234
      Trophy Points:
      85
      Ratings:
      +12 / 0 / -0
      Carrier:
      XPO
      He never said that it would be one big acquisition. It could be several smaller ones.
      I wouldn't be surprised if it is Ceva. They were mentioned in an article a few months ago about being eyed by Geodis.
       
    Loading...

    Share This Page