Selected Reads

Smartkarma

Equity Bottom-Up

<p><em>My guest today is Brad Jacobs. Brad’s resumé is remarkable. He has founded seven companies, all of which are billion-dollar or multibillion-dollar businesses. He has done 500 M&amp;A transactions and raised $30 billion dollars of debt and equity capital. Currently, he is the Executive Chairman of XPO, a commercial trucking company that he started in 2011 and has grown into one of the largest logistics businesses in the world. He has also written a book that will be out in January, titled “How to</em>…</p>

Morningstar

Morningstar, Inc.

Global trucking and logistics provider XPO Logistics’ top line fell 1.7% year over year in the first quarter, due to the previously announced loss of truck brokerage and last-mile postal-injection business from a large customer. Foreign exchange and difficult comparisons also played a role. Organic growth, excluding the departed last-mile business, was near 2%. Organic growth came in below our forecast, likely because freight demand has moderated more than we were originally thinking, based on…

United States

XPO Logistics, Inc. provides logistics services. The Company offers expedited airfreight forwarding, warehousing management, drayage, freight brokerage, intermodal, transportation, and reverse logistics. XPO Logistics serves customers throughout North America.