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Friday, February 5, 2016

XPO Logistics Closes Seven Truck Terminals



Company extends cost-reduction effort at former Con-way Freight operation by shutting service centers in remote locations
An XPO Logistics less-than-truckload truck. PHOTO: XPO LOGISTICS INC.
By 
PAUL PAGE
Feb. 4, 2016 1:41 p.m. ET
XPO Logistics Inc. has closed seven freight terminals in the former Con-way Inc. trucking network, extending cost reductions at the business it acquired last fall.
The shutdowns in what XPO said were remote locations follow the elimination of 190 jobs last week in what the company said were back-office areas of the former Con-way Freight less-than-truckload operation, which sells delivery services on trucks for multiple customers.
“We’re continuing to migrate to a more efficient LTL organization, with better network efficiency and greater utilization of our capacity,” XPO said in a statement. “As part of our planned restructuring, we decided to close seven service centers in remote areas without exiting any markets.”
The company declined to identify the locations of the closed terminals.
XPO said shipments from the customers near the sites would be processed through other, larger facilities, making those operations more efficient. “All of our LTL customers have continuity of service during the transition,” the company said.
The $3 billion Con-way purchase completed last October capped a rapid series of acquisitions in recent years that have built XPO into a $14 billion operation. XPO Chairman and Chief Executive Bradley Jacobs has said the company is taking a break from its buying spree to focus on integrating the businesses it acquired last year, including Con-way and French trucker Norbert Dentressangle.

Shares in XPO, which reports full-year 2015 earnings on Feb. 23, were up more than 11% in trading Thursday, to $24.24.
Write to Paul Page at paul.page@wsj.com

16 comments:

ulx union yes said...

remember people the reason why need union is because we want to stop the violating seniority, unfair productivity standards, favoritism, harassment by management,job security, higher wages, 8 guaranteed hours,affordable health benefits,seniority rights, bad work rules. yes union

francisco said...

Claro si unión

Anonymous said...

Lumberton?!?!

Administrator said...

Did lumberto,nc closed?

Anonymous said...

Really funny they cut out "190 back office jobs" that were really operations essential positions.

Extra funny that they kept all the management that takes naps, extra-curricular affairs(sleepig around on the job), and provides 0 management functions during their 6-7 work days.

Anonymous said...

Driver layoffs!

Anonymous said...

Drivers layoff,what about supervisores???did you know any superviser?

Anonymous said...

HEAD'S UP WHEN THE SHIT! HIT THE FAN AND IT WILL IN THIS CASE THE EMPLOYEES OF XPO YOU WISH YOU HAD VOTED FOR REPRESENTATION OF THE UNION. C-YA

Anonymous said...

NO BUT 11 PEOPLE WERE LAID OFF. ALL DOCKWORKERS AND 5 DRIVERS. MORE TO COME SOON. THEY ARE RIDDING DRIVERS LEFT AND RIGHT.

Anonymous said...

WELL THE PROBLEM IS THAT PEOPLE ARE TO IGNORANT TO REALIZE THAT THEY HAVE THE POWER TO CHANGE THEIR LIVES THAT THEY HAVE THE POWER TO CHANGE THEIR FUTURE AND MOST OF ALL TO CHANGE THE WORLD! BUT LIKE I SAID THEIR TO IGNORANT TO REALIZE THE POWER THAT THEY HAVE UNTIL ITS TO LATE AND USUALLY THAT'S WHAT HAPPENS, ALL THEY WANT TO DO IS COME IN TO WORK AND JUST DO A DAYS JOB MAKE THEIR 8HRS AND GO HOME??? NOT KNOWING THAT THEY CAN DO ALL THAT AND LIVE BETTER DOING THE SAME THING THEY DO EVERY DAY BUT LIVING BETTER LIVES, BUT LIKE I SAID THEIR TO IGNORANT TO REALIZE IT, THEIR NOT STUPID THEY JUST LIVE IN THE COMFORT OF EVERY DAY LIVING DAY BY DAY GETTING BY AND THAT'S THE PROBLEM!! PAY CHECK TO PAY CHECK!!!
PS:ASK YOURSELVES HOW THE EXECUTIVES FEEL ABOUT HAVING A CONTRACT?
PRETTY F****KEN GOOD!!! ( BUT LIKE I SAID THEIR TO IGNORANT !!! ) 1 DAY THEY ALL WILL FIGURE IT OUT UNTIL THEN THEY WILL ALL BE IGNORANT !

Anonymous said...

PEOPLE THE REASON HE'S NOT SELLING TRUCK-LOAD FOR NOW!! IS SIMPLE BECAUSE OF THE IN AND OUT OF MEXICO AND THE MONEY THAT IT GENERATES OR UNTIL THE CONTRACT RUNS OUT, DON'T KID YOURSELFS HE WILL SELL IT TO GET ALL HIS MONEY BACK AND MORE UNTIL THEN HE WILL KEEP IT.AT LEAST THAT'S WHAT I WOULD DO?
TO PREDICT THE FUTURE WOULD BE IMPOSSIBLE BUT TO PREDICT THE SALE OF A PART COMPANY THAT YOU HAVE THAT YOUR NOT GOING TO NEED BECAUSE YOU ALREADY HAVE ONE, IS POSSIBLY PREDICTABLE? I MEAN WHY WOULD YOU NEED 2 TRUCK- LOADS IN THE 1ST PLACE. AND IT'S JUST A MATTER OF TIME BEFORE HE STARTS CUTTING WASTE AGAIN.

Anonymous said...

JUST A REMINDER LADIES AND GENTLEMEN IT'S NOT A BLACK OR WHITE THING PEOPLE !!!IT'S ABOUT THE IGNORANCE THAT LIES WITH-IN YOURSELVES HAVING ( UNION REPRESENTATION )
OR A CONTRACT IS JOB SECURITY MY FRIENDS I DARE YOU TO GO ASK YOUR TOP EXECUTIVES
HOW DOES IT FEEL TO HAVE A CONTRACT!! AND SEE WHAT THEY SAY TO YOU?.
! NOOOOO ! PEOPLE THE FIGHT IS NOT AGAINST EACH OTHER, OR TO OUR BROTHERS OR SISTERS,
THE FIGHT IS AGAINST THE COMPANY'S OR THE CORPORATION'S !! BUT LIKE I SAID YOU WILL HAVE IGNORANT AND STUPID PEOPLE ( CUTTING THEIR NOSE TO SPITE THEIR FACES } INSTEAD OF FIGHTING AGAINST THE COMPANY THEIR IGNORANCE IS FIGHTING AMONG THEIR CO-WORKERS
BECAUSE THEY HAVEN'T GOT A DROP OF COMMON MADA-F*******KEN SCENE TO EXCEL OUT OF THEIR OWN HOLE!!! AND UNTIL THEY DO, THEY WILL BE CUTTING THEIR OWN,
F****KEN THROATS !!! SO LITTLE DO THEY REALIZE THEY CAN HAVE IT BETTER, BUT LIKE I SAID THEIR IGNORANT. GOOD LUCK ALL YOU PEOPLE THAT JUST WANT TO COME IN TO WORK AND NOT EXCEL OR TRY TO HAVE MORE OUT OF YOUR JOB OR COMPANY.
PS; I'LL TELL YOU A STORY 2YRS FROM NOW? OR MAYBE YOU'LL SEE IT SOONER THEN YOU THINK GOOD LUCK TO ALL.

Anonymous said...

HEY WITH THAT $.50 RAISE NOW ALL YOU ASS KISSERS CAN KISS XPO'S ASS OR MAYBE THEY BOUGHT MOST OF THE WEAK MINDS WITH $.50 CENT YET THEIR CUTTING EDGE AND GETTING RID OF PERSONAL AND CLOSING TERMINALS, BUT YET BRAD JACOBS HAS THE AUDACITY TO BUY HIS EMPLOYEES WITH .50 CENTS.
HEY MR JACOBS HOW ABOUT GIVING US A $2.00 RAISE SO WE WON'T HAVE TO VOTE FOR UNION REPRESENTATION.
OH WE'RE SORRY WE, YOU BOUGHT THEM FOR $.50 CENTS THAT'S RIGHT THAT WHY MR JACOBS IS FILTHY RICH. AND ALL OF YOU ARE IGNORENT PEASANTS.
GOOD LUCK WITH YOUR $.50 CENT RAISES.

Anonymous said...

Perhaps previous XPO management should be asking the workers "who" is worthy of sticking around and actually make contributions for the company good. However, they seem to leave the staff retention and reduction recommendations to the very managers who did little to contribute to better operations. How could they contribute while busy playing Candy Crush, Trivia,or sitting behind closed doors texting and talking on their cell phones.

Anonymous said...

😃😥 he's a family man remember

Anonymous said...

Nail on the head right there.