XPO Logistics decides to retain the truckload business it acquired through the Con-way acquisition as part of its integrated supply chain offering
XPO Logistics disclosed in a regulatory filing that it has completed its evaluation of strategic opportunities to divest the truckload business it acquired through the Con-way Inc. acquisition on October 30, 2015. The Company has decided to retain the truckload business as part of its integrated supply chain offering. In deciding to retain this business, the Company considered the value that shippers place on owned truckload capacity, particularly in U.S.-Mexico cross-border lanes, and the opportunity to improve the utilization of the assets.