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In 2011, Jacobs invested approximately $150 million in XPO, Inc. (then named Express-1 Expedited Solutions), a transportation and third-party logistics provider. [ 23 ] [ 25 ] He became chairman of the board [ 26 ] [ 5 ] and CEO [ 27 ] [ 28 ] and gained ownership of approximately 71 percent of the company. [ 29 ]
ArcBest Corporation is an American holding company for truckload and less-than-truckload (LTL) freight, freight brokerage, household good moving, and transportation management companies. Historically, the company also owned furniture, banking, and other diverse subsidiaries.
Lakeside Holding Limited was founded in 2018 and is headquartered in Itasca, Illinois.The company has established itself in the logistics industry by providing services to logistics companies serving e-commerce platforms, social commerce platforms, and manufacturers.
The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [20] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [21] Beginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely a less-than-truckload (LTL ...
The main difference between a traditional freight broker and most 3rd-Party Logistics Providers is that freight brokers do not actually touch (fingerprint) the freight, whereas 3rd-Party Logistics providers often do. This can happen, for example, when the 3rd-Party Logistics company handles outsourced manufacturing and/or warehousing.
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