XPO LOGISTICS DIVESTS NORTH AMERICAN TRUCKLOAD OPERATION TO TRANSFORCE

GREENWICH, Conn. – October 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. XPO will use the proceeds from the transaction to pay down debt. The divested truckload […]
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