[Stay on top of transportation news: Get TTNews in your inbox.]
Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the third quarter on Oct. 28.
The Greenwich, Conn.-based company’s net income rose 18% to $136 million, or $1.27 per share, from $115 million, or 81 cents, in the same year-ago period.
XPO Logistics’ revenue will fall as much as 4% this year, down from the previous forecast that the decline wouldn’t exceed 1%. (XPO Logistics)