[43], XPO is a tech leader in the transportation and logistics industry,[44][45] spending $500–$550 million a year on software development, automation and technological hardware. New Breed Logistics transforms the way organizations do business by building intelligent supply chains and providing comprehensive solutions.
All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. [54][55][56], In June 2018, XPO Logistics and Nestlé announced plans to build a "warehouse of the future" in Leicestershire, U.K. There are no reviews on New Breed Logistics Inc yet. [31] It is the third-largest LTL provider in North America and a leading LTL provider in Western Europe, with 16,000 tractors and 39,000 trailers. According to … XPO Logistics, Inc. All rights reserved. We roll out Connect using the Managed Transportation business implementation methodology, ensuring smooth, rapid integration with our clients’ systems to help ... Coyote Logistics Launches Dynamic Route Optimization to ... New solution aims to reduce uncertainty, provide reliability and streamline operations across the supply chain Today, Coyote Logistics , a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims to streamline supply chain operations and reduce uncertainty for carriers by maximizing the efficiency of their fleets and delivering load consistency through optimized weekly routing plans. XPO Logistics to Acquire New Breed Logistics and Completes Acquisition of Atlantic Central Logistics. Registered in England and Wales: 2505735. Capital expenditures for 2013 were 4.2% of revenue and largely devoted to developing proprietary information technology. Compelling Strategic Rationale for New Breed Acquisition. The combination will double XPO's IT workforce to approximately 600 talented, forward-thinking IT professionals innovating new ways to serve customers. The acquisition is consistent with XPO's strategy of building a broad and integrated logistics offering by acquiring leading positions in sectors where it expects sustained demand for its services. ReddawayOperations Supervisor Oct 2011 - … Like this review? New Breed's applications use complex modeling tools to deliver dynamic freight optimization, routing guide management, and carrier selection based on cost, service requirements, performance metrics and transit times. New Breed is a jewel in the crown of contract logistics: a world-class provider entrusted with critical services by some of the most prestigious corporate names in America. For the full year 2013, New Breed's return on invested capital was approximately 38% and free cash flow conversion was approximately 71%. We'll be able to deliver integrated, end-to-end logistics solutions for any company, of any size, with any combination of transportation needs. New Breed Logistics transforms the way organizations do business by building intelligent supply chains and providing comprehensive solutions. At the closing, New Breed's chief executive officer, Louis DeJoy, will use $30 million of proceeds from the transaction to purchase restricted stock from the company. New Breed had revenue of approximately $597 million and adjusted EBITDA of approximately $77 million for the trailing 12 months ended June 30, 2014. The company also provides vision care and life insurance to all of its employees. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. XPO Logistics, Inc. (NYSE: XPO) is one of the fastest growing providers of transportation logistics services in North America: the fourth largest freight brokerage firm, the third largest provider of intermodal services, the largest provider of last-mile logistics for heavy goods, and the largest manager of expedited shipments, with growing positions in managed transportation, global freight forwarding and less-than-truckload brokerage. New Breed had revenue of approximately $597 million and adjusted EBITDA of approximately $77 million for the trailing 12 months ended June 30, 2014. ACL had revenue of $63 million and adjusted EBITDA of $6.2 million for the trailing 12 months ended June 30, 2014. New Breed's growth is being driven by its focus on attractive customer verticals, namely technology, e-commerce, aerospace and defense, medical equipment and manufacturing. Here's What He Has Learned", "Jacobs has big plans for Express-1 expediter", "XPO Logistics, Inc, Form 8-K, Current Report, Filing Date Jun 8, 2012", "Here Are The 15 New Companies Joining The Fortune 500", "XPO Logistics named 'fastest-growing company' in Fortune 500", "Brad Jacobs' grand design for engineering growth", "XPO Completes Con-way Purchase; Picks LTL Chief, Begins Cost Cuts", "Traditional Freight Brokers Investing Millions To Stay On Top", "XPO Investor Presentation February 2007", "Intermodal drayage companies must embrace technology or die", "XPO to roll out new last mile technology offering in November", "XPO completes expansion of heavy goods delivery network", "Deutsche Bank turns bullish on transports for 2020", "US logistics group XPO buying France's Dentressangle", "XPO Logistics Buying Norbert in $3.53 Billion European Deal", "XPO Logistics to buy Con-way for $3 billion", "XPO Investor Presentation February 2020", "XPO Logistics awarded VWR International UK contract", "Promethean en XPO Logistics breiden contract uit • TTM.nl", "JLG places XPO Logistics in charge of aftermarket parts distribution, will close Ohio distribution center", "Revealed: Nestlé 'planning vast new county warehouse, "XPO wins contract with VWR International - Logistics Manager", "XPO Logistics wins Highways England contract renewal", "XPO launches shared-space model for retail distribution", "C.H. It handpicks its customers in industries with high-growth outsourcing opportunities for complex supply chain requirements. The transaction is not conditioned on financing. [11], In September 2011, American businessman Bradley Jacobs[12][13] acquired Express-1 Expedited Solutions, Inc and became its chairman and CEO. Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics.
XPO Logistics has 148 locations and approximately 3,100 employees. XPO Logistics acquired 17 companies between March 2012 and October 2015, serving a variety of sectors such as retail/e-commerce, technology, and aerospace. XPO Logistics, Inc. ("XPO Logistics" or "XPO" or the "Company") (NYSE: XPO) today announced that it has entered into a definitive agreement to acquire New Breed Holding Company. New Breed's non-asset based business model generates a high return on capital and strong free cash flow conversion. On July 29, 2014, the company agreed to acquire New Breed for a purchase price of $615 million on a cash-free, debt-free basis, and assuming a normalized level of working capital. The proprietary XPO Connect digital freight marketplace and Drive XPO carrier mobile app. Algorithms analyze customer data to identify patterns in consumer behavior and seasonality. Get reviews, hours, directions, coupons and more for New Breed Logistics Inc at 300 Montowese Avenue Ext, North Haven, CT 06473. When the transaction is complete, we'll have an IT workforce of more than twice its current size, and about 10,000 employees at over 200 locations.". New Breed Acquisition On July 29, 2014, the company agreed to acquire New Breed for a purchase price of $615 million on a cash-free, debt-free basis, and assuming a normalized level of working capital.
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