TRUCKING INDUSTRY NEWS * USA: XPO shells out $3B for trucking Co. Con-way
* Connecticut - The second-biggest provider of less-than-truckload services
-- Transportation services company XPO Logistics Inc. said on Wednesday that it will shell out about $3 billion to buy trucking company Con-way Inc., continuing a streak of acquisitions that has made XPO one of the biggest freight transportation companies in North America... Greenwich, Connecticut-based XPO said in a statement that the deal would make it the second-biggest provider of less-than-truckload services on the continent and expand the company’s global contract logistics platform. Under the terms of the deal, XPO will pay $47.60 per share of stock...
(Photo) -- Greenwich, CONN, USA - Law360, by Kurt Orzeck - September 9, 2015
Labels: trucking industry news USA
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