STG Logistics made a big bet on the market for transloading freight last month, acquiring XPO Logistics’ intermodal unit in a $710 million cash transaction. However, the headlines from the day were framed mostly from XPO’s perspective as that company executes a breakup strategy focused on increasing shareholder value.
But what the deal provides STG should not be overlooked.
Vertical integration eliminates capacity concernsChicago-based STG is a containerized logistics provider offering services...
https://www.freightwaves.com/news/stg-ceo-sees-perfect-storm-of-opportunities-in-xpo-deal