Teamsters Update: Yes on New California Law, A Few New Units, One Decertification Looming
It has been a mixed few months for the Teamsters, but the scale does appear to be weighing more in the direction of positivity from its perspective.
Susquehanna Initiates Coverage On GXO Logistics with Positive Rating
Susquehanna analyst Bascome Majors initiates coverage on GXO Logistics (NYSE:GXO) with a Positive rating.
Wells Fargo Maintains Overweight on GXO Logistics, Raises Price Target to $93
Wells Fargo analyst Allison Poliniak Cusic maintains GXO Logistics (NYSE:GXO) with a Overweight and raises the price target from $78 to $93.
New Management of GXO Stops Into an Online Forum to Tell Its Story
When GXO was spun off of parent company XPO in August, its new management team faced a task that was possibly the biggest of all: introduce itself to the investment community and answer the question of just who this company was and what it did.
XPO Names CIO Harik to Run LTL Business
XPO Logistics Inc. has named its chief information officer, Mario Harik, to run its LTL division, replacing Tony Brooks, who will retire, the company confirmed late Thursday night.
GXO, Abercrombie & Fitch To Open Distribution Center In Goodyear, Arizona
Abercrombie & Fitch Co (NYSE:ANF) and GXO Logistics Inc (NYSE:GXO) agreed to open a new 715,000 square-foot distribution center in Goodyear, Arizona. The…
Echo Had Another Serious Suitor Before Accepting Jordan’s Bid, Filing Says
By Tuesday night, it had become a matter of public record that a serious suitor for Echo Global Logistics Inc. had emerged before the Chicago-based freight broker accepted in early September a $48.25-per-share all-cash buyout from private equity firm The Jordan Co., topping the unnamed suitor's $47-a-share cash bid.
The question is who?
GXO to Open, Operate Arizona DC for Abercrombie & Fitch
GXO Logistics will open a "highly automated" distribution center in Goodyear, Arizona, for customer Abercrombie & Fitch Co.
Raymond James Cuts XPO Logistics Price Target By 35% – Read Why
Raymond James analyst Patrick Tyler Brown lowered XPO Logistics Inc (NYSE:XPO) price target to $100 (implying an upside of 24.5%) from $155 and maintained…