Is XPO Logistics a good company to work for?
On average, employees at XPO Logistics give their company a 3.9 rating out of 5.0 – which is equal to the average rating for all companies on CareerBliss. The happiest XPO Logistics employees are Operations Managers submitting an average rating of 4.0.
Is XPO Logistics being sold?
The planned transaction would be tax-free to XPO shareholders, who would own stock in both companies, the company said. The deal is expected to close in the second half of 2021, subject to various conditions, including the refinancing of XPO’s debt on terms to be approved by its board.
Is XPO Logistics in debt?
How Much Debt Does XPO Logistics Carry? The image below, which you can click on for greater detail, shows that XPO Logistics had debt of US$4.90b at the end of March 2021, a reduction from US$5.67b over a year. However, it also had US$629.0m in cash, and so its net debt is US$4.27b.
How much does XPO Logistics pay?
How much do people at XPO Logistics get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at XPO Logistics is $126,975, or $61 per hour, while the estimated median salary is $121,706, or $58 per hour.
Is XPO Logistics a union company?
The contract between XPO and the Teamsters is historic in that it is the first that the union has been able to reach with XPO anywhere in the U.S. (XPO is partially unionized in Europe and says it has 212 unionized employees in the U.S. and Canada.)
Does TFI own XPO?
10/27/2016: XPO Logistics, Inc. (NYSE: XPO) (“XPO”) today announced that it has completed the sale of its truckload business to TransForce Inc. (TSX: TFI) for approximately $558 million in cash, subject to customary adjustments.
Who owns XPO transport?
businessman Brad Jacobs
In September 2011, American businessman Brad Jacobs acquired Express-1 Expedited Solutions, Inc. and became its chairman and CEO. The company changed its name to XPO Logistics – a reference to Express-1’s AMEX ticker symbol, “XPO” – and began acquiring other companies in the transportation and logistics sector.
How much debt does XPO Logistics have?
You can click the graphic below for the historical numbers, but it shows that XPO Logistics had US$3.34b of debt in September 2021, down from US$6.34b, one year before. However, because it has a cash reserve of US$254.0m, its net debt is less, at about US$3.09b.
What does xpo pay their drivers?
The typical XPO Logistics Truck Driver salary is $29 per hour. Truck Driver salaries at XPO Logistics can range from $11 – $56 per hour.
Does XPO Logistics pay time and a half?
5 answers. Yes overtime is anything over 40hrs. Yes, anything over 40 hours is considered overtime. Manager approval required.
Is there good money in logistics?
First, the good news: there’s money to be made in logistics. Businesses spend trillions of dollars on logistics every year, and transportation can take up 80 percent of a company’s logistics budget. Companies need to hire people who can keep costs low, so logistics and transportation experts are in demand.
What benefits does XPO Logistics offer?
XPO Logistics Benefits Summary. XPO Logistics offers health, dental, and vision coverage. XPO Logistics also offers group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-provided retirement plans help to ensure a reliable income flow later in life.
What does XPO do?
XPO Logistics ( NYSE : XPO) is a leading global provider of transportation and logistics solutions. The application retrieves your negotiated XPO LTL freight rates, takes action on them according to the application settings, and displays the result as shipping charges in the Shopify checkout process.
What is XPO shipping?
Xpo Shipping Facts. In most cases if you are shipping from a residence you’ll need a lift gate, PRO Number: A number assigned by the carrier to reference your shipment. It is also used for tracking your shipment. Detention Time aka Waiting Time: The time the driver waits in the marshalling yard to get loaded or unloaded.
What is example of logistics?
How it works (Example): Logistics involves the integration of the production and delivery of a product or service in order to ensure efficient and effective management. Originally, logistics was used in the military to coordinate the delivery of soldiers and weapons to the right place at the right time.