This probably wasn’t the way Brad Jacobs wanted to start the show.
In its first reporting quarter since spinning off its logistics business in August to become a transportation-centric company, XPO Logistics Inc. delivered profit results late Tuesday that Jacobs, XPO’s chairman and CEO, called “mixed” but which analysts and investors might call disappointing.
XPO’s (NYSE:XPO) North American freight brokerage division killed it in the quarter, delivering 62% year-on-year gains in gross and net...
https://www.freightwaves.com/news/ltl-profit-setbacks-mar-xpos-coming-out-party