Home $700M investment boosts XPO Logistics' targets
 

Keywords :   


$700M investment boosts XPO Logistics' targets

2014-09-16 23:09:17| Logistics - Topix.net

Greenwich-based XPO Logistics, one of the fastest growing providers of transportation logistics in North America, announced last week that it received $700 million in investments, in a deal that the company expects will vastly accelerate growth. The investment comes from PSP Investments, GIC, Singapore's sovereign wealth fund and Ontario Teachers ' Pension Plan, and is scheduled to be completed on Wednesday, at which time the new investors would hold about 22 percent of XPO's common stock.

Tags: investment targets logistics boosts

Category:Transportation and Logistics

Latest from this category

All news

15.11Tropical Storm Sara Graphics
15.11Summary for Tropical Storm Sara (AT4/AL192024)
15.11Tropical Storm Sara Update Statement
15.11Tropical Storm Sara Public Advisory Number 7A
15.11Atlantic Tropical Weather Outlook
15.11Eastern North Pacific Tropical Weather Outlook
15.11Tropical Storm Sara Graphics
15.11Tropical Storm Sara Forecast Discussion Number 7
Transportation and Logistics »
15.11Nintendo 3DSLL.DS lite.DS
15.11
15.11×142cm 3
15.11 selection5 5 3BOX
15.11 40T
15.11Knights
15.11 BIG
15.11 RE-TAKE 3
More »