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

GXO Logistics poised to embark on M&A hunt

Contract logistics provider GXO Logistics Inc. is ramping up a mergers and acquisitions program that will focus on North America and continental Europe, the company’s CFO said Thursday.

In a phone interview with FreightWaves, Baris Orem said M&A activities will be geographically focused and zero in on smaller contract logistics competitors that lack the scale and technology to meet the growing demands of its customer base, Orem said.

Germany, Europe’s largest market, is a strong focus of future...

https://www.freightwaves.com/news/gxo-logistics-poised-to-embark-on-ma-hunt

XPO’s Jacobs predicts biggest transportation disruptor: 3D printing

With all the technological change driving the transportation industry, Brad Jacobs told a virtual audience of The Economic Club of New York that 3D printing was likely to disrupt transportation more than anything else.

The XPO (NYSE: XPO) CEO and founder of numerous companies said 3D printing is “the main long-term technology driver that is going to affect our industry.”

Jacobs conceded that 3D printing is taking awhile to gain traction in manufacturing. “But it’s going to happen,” he said,...

https://www.freightwaves.com/news/xpos-jacobs-predicts-biggest-transportation-disruptor-3d-printing

Jacobs sells 20% of XPO, GXO holdings; shares fall sharply

Shares of transport company XPO Logistics Inc. and logistics firm GXO Logistics Inc., which XPO spun off in August into a publicly traded entity, fell sharply on Friday after public filings the day before disclosed that Brad Jacobs, XPO’s founder and the chair of both companies, sold 3.2 million shares in each.

The sales account for about 20% of Jacobs’ holdings in each company. He still owns around 12.3 million shares of each, according to Securities and Exchange Commission filings. This...

https://www.freightwaves.com/news/jacobs-sells-20-of-xpo-gxo-holdings-shares-fall-sharply

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon