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Landstar System completes $87 million sale

2013-12-31 13:18:41| Trucking - Topix.net

Landstar System has completed the sale of its supply chain operations to XPO Logistics for $87 million in cash.

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Landstar Completes Sale of Supply Chain Companies to XPO Logistics

2013-12-30 06:00:00| Industrial Newsroom - All News for Today

JACKSONVILLE, Fla. - (NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has completed the previously announced sale of its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.<br /> <br /> Commenting on the transaction, Landstar Chairman, President and CEO Henry Gerkens said, "We are ...

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Landstar to sell supply chain subsidiaries for $87 million

2013-12-11 18:10:01| Trucking - Topix.net

Landstar System, a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced Wednesday that it has signed a definitive agreement to sell its Michigan-based supply chain subsidiaries to XPO Logistics for $87.0 million in cash.

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Landstar Agrees to Sell Supply Chain Companies for $87. ...

2013-12-11 06:00:00| Industrial Newsroom - All News for Today

JACKSONVILLE, Fla. &ndash; (NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has signed a definitive agreement to sell its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.<br /> <br /> The Landstar Board of Directors also has declared a special one-time dividend in the amount of ...

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Landstar Powers Up for Energy Equipment Company

2013-11-16 22:42:13| Trucking - Topix.net

Challenge: A major Energy Equipment OEM was looking for a logistics company that shared their vision of quality, excellence, and customer satisfaction.

Tags: company equipment energy powers

 

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