Brad Jacobs

GXO Logistics CEO Malcom Wilson to retire

GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021, GXO announced Tuesday.

Wilson informed GXO’s board of directors that he plans to retire in 2025 but will continue to lead the company during the search for his successor, according to a news release.

“My time at GXO has been the highlight of my three decades in logistics,” Wilson said in a statement. “We have an outstanding organization that embraces new technologies, keeping us at the forefront of the...

https://www.freightwaves.com/news/gxo-logistics-ceo-malcom-wilson-to-retire

Oppenheimer analysts see fertile ground for Jacobs’ plans at new venture QXO

One of Wall Street’s first takes on ambitious plans by XPO/RXO/GXO founder Brad Jacobs in the building products field through new company QXO says creating an efficient supply chain is key to the company’s long-term success.

A report by analysts Scott Schneeberger and Daniel Hultberger at Oppenheimer & Co. makes numerous references to the synergies possible in the distribution of building products, a process that they and Jacobs alike note is highly fragmented.

Unlike most reports by equity...

https://www.freightwaves.com/news/oppenheimer-analysts-see-fertile-ground-for-jacobs-plans-at-new-venture-qxo

With 2 private placements, Jacobs’ QXO has $5 billion to spend

Brad Jacobs’ next venture is ready to start acquiring companies, backed by a war chest of $5 billion.

With two recent private placements completed or soon to be done, QXO now has that amount in hand and no debt to pursue acquisitions in a building products industry that was described late last year as “highly fragmented” and includes some 7,000 distributors in North America and an additional 13,000 in Europe.

Jacobs is chairman and CEO of QXO (NASDAQ: QXO). He also was the founder of the XPO...

https://www.freightwaves.com/news/with-2-private-placements-jacobs-qxo-has-5-billion-to-spend

3 things the logistics industry can learn from Brad Jacobs’ new book

Brad Jacobs, serial entrepreneur and executive chairman of XPO Logistics, launched his book on Monday, enticingly titled, “How to Make a Few Billion Dollars.” In this, his first book, Jacobs describes the many good and sometimes painful lessons he has learned through his tenure of building billion-dollar companies out of fragmented markets.

Jacobs provides diverse insights, encompassing advice on transforming one’s mindset as well as highlighting the dynamic interplay between technology and...

https://www.freightwaves.com/news/3-things-the-logistics-industry-can-learn-from-brad-jacobs-new-book

Jacobs leading takeover of software company as he readies next move

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Brad Jacobs has chosen the vessel for his next act.

The man who put together the XPO freight...

https://www.freightwaves.com/news/jacobs-leading-takeover-of-software-company-as-he-readies-next-move

5 takeaways from XPO’s Brad Jacobs at Future of Freight Festival

CHATTANOOGA, Tenn. — Brad Jacobs took the stage Wednesday at FreightWaves’ F3: Future of Freight Festival, participating in a town hall Q&A event with a live audience.

Jacobs, executive chairman of Greenwich, Connecticut-based XPO Inc. (NYSE: XPO), is a career CEO and serial entrepreneur with a unique track record, having started five companies that all became billion-dollar or multibillion-dollar enterprises.

Along with XPO, Jacobs is the non-executive chairman of its two relatively recent...

https://www.freightwaves.com/news/5-takeaways-from-xpos-brad-jacobs-at-future-of-freight-festival

XPO’s Jacobs on his next venture: Wait and see

GREENWICH, Conn. — When Brad Jacobs took the stage Tuesday at the Greenwich Economic Forum, the big question on everybody’s mind was: Just what is Jacobs Private Equity going to do?

That’s the next act for the man who founded XPO Inc. (NYSE: XPO) and who serves as its executive chairman as well as executive chairman of its two relatively recent spinoffs: logistics management company GXO (NYSE: GXO) and 3PL RXO (NYSE: RXO).

Jacobs Private Equity is Jacobs’ next venture. And despite a few mild...

https://www.freightwaves.com/news/xpos-jacobs-on-his-next-venture-wait-and-see

XPO names Harik CEO of LTL business; Jacobs to step aside

XPO Logistics Inc. on Thursday named Mario Harik, currently CIO and interim head of the company’s less-than-truckload business, as permanent CEO of what will become a pure-play LTL carrier by the end of 2022.

Brad Jacobs, XPO’s founder, chairman and CEO, will step aside as CEO and become XPO’s (NYSE: XPO) executive chairman once the company spins off its truck brokerage, final-mile and managed transportation businesses. The spinoff is expected to occur during the fourth quarter. Jacobs will also...

https://www.freightwaves.com/news/xpo-names-harik-permanent-ceo-of-stand-alone-ltl-business

No hay “huracán” económico en el horizonte, dicen los ejecutivos de XPO

White XPO truck on the highway hauling two trailers

Los principales ejecutivos de XPO Logistics Inc. han estado diciendo a los inversionistas en las últimas semanas que no comparten las preocupaciones de que un “huracán” económico está a punto de golpear a los EE.UU., diciendo que no han visto una disminución dramática en la demanda de los servicios de la compañía. 

El equipo directivo de XPO (NYSE: XPO), liderado por su presidente y consejero delegado, Brad Jacobs, ha realizado rondas de reuniones con inversionistas durante mayo y junio para...

https://www.freightwaves.com/news/no-hay-huracan-economico-en-el-horizonte-dicen-los-ejecutivos-de-xpo

No economic ‘hurricane’ on horizon, XPO executives say

White XPO truck on the highway hauling two trailers

Top XPO Logistics Inc. executives have been telling investors over the past few weeks that they don’t share concerns that an economic “hurricane” is about to hit the U.S., saying they haven’t seen a dramatic decline in demand for the company’s services.

The XPO (NYSE: XPO) C-suite, led by Chairman and CEO Brad Jacobs, has made the rounds of investor meetings through May and June to discuss macro conditions, industry trends and the company’s competitive position in its two main businesses: LTL...

https://www.freightwaves.com/news/no-economic-hurricane-on-horizon-xpo-executives-say

+ More