XPO Logistics, Inc

Total Page:16

File Type:pdf, Size:1020Kb

XPO Logistics, Inc XPO Logistics, Inc. Watchdog Report ™ XPO (NYSE) | CIK:1166003 | United States | SEC llings The new model for duciary analysis Sep 24, 2021 Jan 1, 2020 Jan 1, 2016 RECENT PERIOD HISTORICAL PERIOD Key Facts 10-Q led on Aug 4, 2021 for period ending Jun 2021 Business address: Greenwich, Connecticut, United States Reporting Irregularities RECENT HISTORICAL Industry: Other Support Activities for Road Transportation (NAICS Financial Restatements 488490) SEC ler status: Large Accelerated Filer as of Jun 2021 Revisions Index member: S&P 400, Russell 1000 Out of Period Adjustments Market Cap: $9.8b as of Sep 24, 2021 Late Filings Annual revenue: $16.3b as of Dec 31, 2020 Impairments Corporate Governance Changes in Accounting Estimates CEO: Bradley S. Jacobs since 2011 Disclosure Controls CFO: Ravi Tulsyan since 2021 1st level Internal Controls Board Chairman: Bradley S. Jacobs since 2011 Critical / Key Audit Matters Audit Committee Chair: NOT AVAILABLE Anomalies in the Numbers 2nd level RECENT HISTORICAL Benford's Law Auditor: KPMG LLP since 2011 Outside Counsel (most recent): DLA Piper US LLP Beneish M-Score O'Melveny & Myers LLP Accounting Disclosure Complexity 3rd level Securities & Exchange Commission Concerns RECENT HISTORICAL SEC Reviewer: (unknown) 4th level SEC Oversight SEC Letters to Management Revenue Recognition Non-GAAP Measures Litigation & External Pressures RECENT HISTORICAL Signicant Litigation Securities Class Actions Shareholder Activism Watchdog Research, Inc., offers both individual and group subscriptions, Cybersecurity data feeds and/or custom company reports to our subscribers. Management Review Subscribe: We have delivered 300,000 public company reports to over RECENT HISTORICAL 27,000 individuals, from over 9,000 investment rms and to 4,000+ public CEO Changes company corporate board members. CFO Changes How to analyze this company's Watchdog Insider Sales Report? Skip to the last page Pledged Securities Information in this report is effective Sep 24, 2021 and is taken from the Mergers & Acquisitions company's public nancial and regulatory lings. Latest ling 10-Q led Sales of Assets 08/04/2021. Over 75 accounting and data analysts scrutinize and review crucial information, footnotes, disclosures, etc., from these lings. Material Auditor Assessment facts are captured and processed using our proprietary methods which RECENT HISTORICAL identify key risk factors our readers need to know. Each Watchdog Report Auditor Changes represents 30 or more hours of analysis and processing. Auditor Experience Accounting and nancial disclosure data from Audit Analytics. Auditor Tenure Executive compensation data from Shore Group and Intrinio. Data from Sharadar. Audit Fees Data from Barchart via Quandl. Non-Audit Fees Data from Exchange Data International via Quandl. Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Overview Reporting Irregularities Anomalies in the Numbers SEC Concerns Litigation & External Pressures Management Review Auditor Assessment Peer Group Overview Price and Volume History This graph shows the price and trading history for XPO. Warning signs and red ags are marked on the graph according to their disclosure dates. 1 Jul 28, 2021 - Change in CFO 15 Aug 2, 2018 - Change in CFO 2 Jul 2, 2021 - Insider Sale 16 Apr 4, 2018 - SEC letters to management 3 Mar 23, 2021 - SEC letters to management 17 Feb 21, 2018 - Insider Sale 4 Feb 19, 2021 - Insider Sale 18 Feb 21, 2018 - Insider Sale 5 Feb 12, 2021 - Critical / Key Audit Matters 19 Feb 12, 2018 - Change in Accounting Estimates 6 Feb 12, 2021 - Critical / Key Audit Matters 20 Jul 17, 2017 - Lawsuit: Hector Ibanez v. XPO Last Mile Inc et al 7 Feb 10, 2020 - Impairment 21 Feb 28, 2017 - Disclosure Controls 8 Feb 10, 2020 - Critical / Key Audit Matters 22 Jan 6, 2017 - SEC letters to management 9 Feb 10, 2020 - Critical / Key Audit Matters 23 Dec 8, 2016 - Lawsuit: Kramer v. XPO Logistics Inc 10 Feb 10, 2020 - Change in CFO 24 Nov 8, 2016 - Disclosure Controls 11 May 13, 2019 - Lawsuit: Jez et al v. Jacobs et al 25 Aug 8, 2016 - Disclosure Controls 12 Dec 14, 2018 - Lawsuit: Labul v. XPO Logistics Inc et al 26 Aug 5, 2016 - Lawsuit: Garcia et al v. Macy's West Stores Inc et al 13 Dec 14, 2018 - Securities Class Actions Lawsuit: Labul v. XPO Logistics Inc et al 27 May 5, 2016 - Disclosure Controls 14 Sep 21, 2018 - Lawsuit: Victor Cortes Arrellano et al v. XPO Logistics Port Services LLC… 28 May 5, 2016 - Lawsuit: I Hernandez et al v. XPO Logistics Inc et al Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Notications Important notications related to the company are listed here. Notications may come from the SEC, exchanges such as the NYSE or NASDAQ, or Watchdog Research. Examples of notications include announcements of bankruptcy proceedings, company name changes, and noncompliance with SEC regulations or exchange rules. There are no notications for XPO at least since 2016. Peer Group Peer groups are used by companies to benchmark executive compensation and performance. Each company identies its own peer group. Peer groups vary from company to company. Peer Group Companies Who Named XPO as a Peer Company Ticker Market Company Ticker Market Cap Cap United Parcel Service Inc. UPS $162b Old Dominion Freight Line Inc. ODFL $35.1b Union Pacic Corp. UNP $133b Expeditors International of Washington EXPD $21.2b Inc. CSX Corp. CSX $66.3b J.B. Hunt Transport Services, Inc. JBHT $18.3b Norfolk Southern Corp. NSC $61.9b XPO Logistics, Inc. XPO $9.8b Fedex Corp. FDX $60.2b Knight-Swift Transportation Holdings KNX $8.71b Inc. Expeditors International of Washington EXPD $21.2b Inc. Aramark ARMK $8.49b J.B. Hunt Transport Services, Inc. JBHT $18.3b Alaska Air Group, Inc. ALK $7.61b C.H. Robinson Worldwide Inc. CHRW $11.7b Saia Inc. SAIA $6.41b XPO Logistics, Inc. XPO $9.8b Idacorp Inc. IDA $5.23b Knight-Swift Transportation Holdings KNX $8.71b Inc. Schneider National, Inc. SNDR $4.11b Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 Peer Flag Comparison The return to a company’s stock is not the only measure of executive performance. Ethics matter, and growth can quickly reverse and gains evaporate if a company’s accounting and nancial reporting processes are not fundamentally sound and trustworthy. How does XPO's accounting quality compare to its peer group? XPO PEER GROUPFLAGS XPO PEER GROUPFLAGS Reporting Irregularities Litigation & External Pressures Financial Restatements 9 Signicant Litigation 2 1 6 Revisions 9 Securities Class Actions 7 2 Out of Period Adjustments 7 2 Shareholder Activism 9 Impairments 2 7 Cybersecurity 6 3 Changes in Accounting Estimates 4 5 Management Review Disclosure Controls 1 8 CEO Changes 5 2 2 Internal Controls 9 CFO Changes 1 4 4 Critical / Key Audit Matters 7 2 Insider Sales 4 5 Pledged Securities 4 1 4 Anomalies in the Numbers Benford's Law 7 2 Mergers & Acquisitions 6 3 Beneish M-Score 7 1 Sales of Assets 9 Accounting Disclosure Complexity 7 2 Auditor Assessment Auditor Changes 7 2 Securities & Exchange Commission Concerns SEC Oversight 9 Auditor Experience 9 SEC Letters to Management 9 Auditor Tenure 3 6 Revenue Recognition 6 3 Audit Fees 1 8 Non-GAAP Measures 9 Non-Audit Fees 7 2 Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272 About Watchdog Research, Inc. Watchdog Research, Inc. is an independent research provider and publisher of Watchdog Reports. Watchdog Reports identify red ags, issues, and other anomalies in nancial reporting. Our reports contain warning signs, red ags, material disclosures, and peer analysis for use in valuation, risk analysis, due diligence research, and idea generation. Watchdog Reports are designed to assist investment professionals fulll their duciary or suitability obligations and to help investors, executives, board members, regulators and educators learn what they need to know about publicly traded companies. The company is headquartered in Ave Maria, FL. Watchdog Research, Inc. utilizes over 75 specialists and analysts to provide accurate and timely Watchdog Research, Inc. information to our readers. 5072 Annunciation Cir. Suite 202 Ave Maria, FL 34142 Our management team is: [email protected] (855) 820-6272 CEO: Brian Lawe. Brian has been part of the corporate staff at The New York www.watchdogresearch.com Times Company and IBM. He has created and operated several technology companies including MyStoreCredit, OnPage Ideas and HelloCampus. He holds an MBA from Harvard Business School and a BBA from Texas Christian University. He and his wife have four children and live in the Naples, FL area. CTO: Radu Cugut. Radu has led the award-winning technology team that developed the Watchdog Report and services. He, his wife and son split their time between his home in Ave Maria, FL and his home in Timisoara, Romania where he oversees ve talented development professionals. Radu has a bachelors in Computer Science and a masters in Banking and Financial Information Systems, both from the West University of Timisoara. Chief Content Ocer: Joseph Burke, Ph.D. is responsible for the content development, analysis, and quality control for the Watchdog Report. Joseph worked previously as a professor of economics at Ave Maria University. He received his Ph.D. from the University of Wisconsin-Madison and resides with his family in the Naples area. Director of Research: John Cheffers. John is responsible for writing our blogs and for our press relationships. He received his bachelors from Washington University in St. Louis, and has worked for Audit Analytics and Ave Maria University. He graduated Ave Maria University School of Law where his research was selected for publication in the Law Review. He currently lives in Pennsylvania with his wife and two children. Watchdog Research, Inc. • www.watchdogresearch.com • [email protected] • (855) 820-6272.
Recommended publications
  • Expeditors International of Washington, Inc
    2017 ANNUAL REPORT ANNUAL 2017 EXPEDITORS EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 2017 ANNUAL REPORT E X P E D I T O R S 2017 ANNUAL REPORT B O O T S O N T H E GROUND TO OUR SHAREHOLDERS Events in a single year can have an amazing impact on the We are examining various uses of artificial intelligence and supply chain and the companies that count on the supply one of its key components, machine learning. In fact, we use chain to perform mission critical tasks every day. In 2016, we machine learning in our operations today and very much faced a market of over-supply and slowing demand, whereas count on technologies such as these to drive higher levels of in 2017, the market changed rapidly with an under-supply of execution and efficiency. In 2017, we continued to invest in space and growing demand. technology and brought new services to the market, including Cargo Signal and Expeditors Carrier Allocation. Both of these In 2017, we studied the market, made appropriate plans services were developed by our core business and technology based on the detailed facts presented, and, most importantly, teams, and are powered by specialized technology that executed against our plans. By remaining resolute in our plans, incorporates best in class processes that improve the we continued to grow our business and, at the same time, we performance of our employees and that of our customers. improved our financial metrics from the first quarter through the fourth quarter of 2017. Our Chief Strategy Officer has built out our team, designed our methodology, analyzed market data and activity, and We are extremely proud to report that each of our core is now focused on proving out ideas that will add to our services grew and became more efficient in 2017.
    [Show full text]
  • Emerging Trends in Global Logistics
    Emerging Trends: Global Logistics, Transportation, & Distribution What’s going on out there! Three Key Challenges Tonight! Evolve Integrate Arrive 2 The Brewery Story 3 Three Key Challenges Tonight! Evolve – ALWAYS dive, strive, thrive Integrate Arrive 4 Think about your lifetime! Internet creation The newest “mode” of transportation? Cellular technology Internet on your cellular technology RFID – product & information Robotics advancements Social media, YouTube, Tablets, e-readers, smart phones, iPods Cloud technology Gene & DNA advancements Privatized space exploration 5 What changes have you seen? What industries and companies DON’T you see? 6 What happens absent evolution? When was the last time you saw or used a public telephone? Where’s Blockbuster? Hollywood Video? VHS/Beta to DVD to downloads Tower Records? MusicLand? Vinyl to cassette/8-track to CD to download Waldenbooks? Borders Books? Paper books to e-readers to smartphones Sports Authority, Sears, K-Mart – struggling E-fulfillment competition Evolvers – JC Penney, Target, Walmart 7 Supply Chain Implications! Most significant of our time is… Omni-channel strategies Open marketplaces E-fulfillment in concert Amazon – Ariba with brick & mortar or E-commerce replacing retail stores Electronic transactions Emerging - order on-line, pickup in store Door-to-door tracking Global sourcing & mfg. Glass pipeline Lead time management Home delivery networks Inventory investment Small package evolution Drop shipping Big box methodologies Returns
    [Show full text]
  • Q3 2015 Transportation & Logistics
    TRANSPORTATION & LOGISTICS Q3 2015 CONTACTS STATE OF THE TRANSPORATION M&A MARKET Experts continue to view the Transportation & Logistics industry as a measure of the health of the Len Batsevitsky overall economy and thus far, 2015 has been a strong year for providers of commercial Director transport. The industry has been aided by significantly lower oil prices, increased personal (617) 619-3365 [email protected] consumption, expanded manufacturing and the continued rise of e-commerce as a viable retail channel. As a result, many transportation companies are experiencing improved financial Daniel Schultz performance which, coupled with a robust middle market M&A environment, has led to a Director of Business Development significant increase in deal activity. Furthermore, the industry’s high fragmentation will serve to (617) 619-3368 increase M&A activity as companies look to consolidate, increasing their efficiency through scale. [email protected] Overall, 2015 is shaping up to be a strong M&A year for the Transportation & Logistics industry Matthew Person because thus far through Q4, there have been 104 transactions. If that pace continues Associate (617) 619-3322 throughout the rest of calendar year, we could see nearly 140 M&A transactions during 2015, [email protected] which would near the record breaking high of 144 transactions in 2012. Transportation and Logistics Transactions 160 144 140 113 120 108 108 104 100 80 80 60 40 20 0 BOSTON 2010 2011 2012 2013 2014 YTD CHICAGO 9/30/2015 Sources: Capital IQ and Capstone Partners LLC research LONDON LOS ANGELES In addition, valuations have remained stable over the past several years with recent transaction PHILADELPHIA multiples for asset-light logistics businesses generally north of 8x LTM EBITDA, while traditional SAN DIEGO asset-heavy freight carriers (primarily in the trucking sub-industry) have traded at a range of 5x to 7x.
    [Show full text]
  • Location of North American 3PL Headquarters
    Location of North American 3PL Headquarters California - 18 HQs New Jersey - 14 HQs Agility Logistics - Irvine* Alliance Shippers - Englewood Cliffs Aspen Logistics - Temecula Damco USA - Madison* CaseStack - Santa Monica Flash Global Logistics - Montville D.W. Morgan Company - Pleasanton Geodis Wilson - Iselin* Number of HQs Dependable Distribution Centers - Kuehne + Nagel - Jersey City* Los Angeles National Retail Systems - North Ingram Micro Logistics - Santa Ana Bergen 1 Johanson Transportation Service NFI Industries - Cherry Hill - Fresno Panalpina - Morristown* Megatrux Companies - Rancho Port Jersey Logistics - Monroe 2-4 Cucamonga Township Menlo Worldwide Logistics - San Priority Solutions International - Mateo Swedesboro 5-9 Nexus Distribution - Oakland The Gilbert Company - Keasbey OOCL Logistics (USA) - Fountain Tucker Company Worldwide - Valley* Cherry Hill 10+ Pantos Logistics - Rancho Wallenius Wilhelmsen - Woodcliff Dominguez* Lake* Performance Team - Santa Fe Yusen Logistics - Secaucus* Springs Serec of California - Industry Source Logistics - Montebello Illinois - 13 HQs The RK Logistics Group - Fremont UTi Worldwide - Long Beach A&R Logistics - Morris Weber Logistics - Santa Fe Springs AFN - Niles AIT Worldwide - Itasca ArrowStream - Chicago Caterpillar Logistics Services - Morton DSC Logistics - Des Plaines Echo Global Logistics - Chicago Fidelitone Logistics - Wauconda Hub Group - Downers Grove LeSaint Logistics - Romeoville RR Donnelley - Chicago Sankyu USA - Wood Dale* * Denotes regional headquarters. SEKO Logistics
    [Show full text]
  • Transportation & Logistics
    TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 www.harriswilliams.com Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business. 0 TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 WHAT WE’RE READING CONTENTS LOGISTICS | BIG RETURNS IN HASSLE-FREE RETURNS . M&A TRANSACTIONS Processing of returns and excess inventory, known in the retail trade as reverse . PUBLIC MARKETS OVERVIEW logistics, is attracting interest from venture capital and strategic investors looking . STOCK PRICE PERFORMANCE for new software and services. With retail sales in the US totaling almost $4.7 trillion . OUR GROUP in 2015 and a median retail return rate of 8%, more than $375 billion of merchandise is returned on an annual basis. While that figure represents the median of returns on all retail sales, not just online, it is estimated that upwards of 30% of goods purchased online are returned annually, according to Jeff Burkett, CONTACTS director in the Transportation & Logistics Group at investment bank Harris Williams. Mergermarket UNITED STATES TRUCKING | US TRUCKLOAD SPOT RATE RAMP-UP Frank Mountcastle Managing Director After falling earlier in the year and experiencing a modest uptick in March, US spot [email protected] truckload rates have started to increase at a faster clip — a hint of things to come +1 (804) 915-0124 for the contract market, according to industry analysts.
    [Show full text]
  • Top Freight Brokerage Firms
    Online Shopping Drives Growth in Demand For Faster, Cheaper Local Delivery Services By Daniel P. Bearth up local hubs to provide one-hour delivery in cities across Senior Features Writer the United States. In the 2016 edition of Transport Topics’ Top 50 s online sales continue to soar, so have Logistics Companies, we explore what the growth the expectations of consumers for goods of online commerce means to some of the largest to be delivered quickly and cheaply. logistics service providers in North America, including Fueling an increase in on-demand top-ranked UPS Inc., which has invested in several delivery services is Amazon.com, the delivery startups, and FedEx Corp., which last year Seattle-basedA online bookseller that has over the past acquired Genco, a distribution firm that handles order two decades morphed into a $100 billion-a-year global fulfillment and manages returned goods for Internet storehouse and potentially a provider of logistics services retailers. in its own right. While the companies have made investments to Since 2014, investors have poured more than $1 billion enhance their package delivery networks to handle into companies, such as California-based Postmates additional online commerce, they don’t yet see enough and Deliv, that use freelance drivers to provide same- demand from consumers to expand same-day or on- day pickup and delivery of merchandise and packages. demand delivery service. At the same time, Google and other high-tech firms On the other hand, the beginnings of a new and are developing driverless trucks and robotic delivery radically different transportation network appear to be vehicles in an effort to lower costs.
    [Show full text]
  • Transportation & Logistics M&A Update September 2015
    www.peakstone.com Transportation & Logistics M&A Update September 2015 Transportation & Logistics Industry Update | September 2015 Transportation & Logistics M&A Update . U.S. transportation & logistics M&A continues to see strong activity. Year-to-date 2015 transaction volume of 93 deals is on pace to surpass 2014 deal volume of 99 transactions. For the year-to-date 2015 period, strategic buyers accounted for 87% of the transportation & logistics M&A transactions with financial buyers making up the difference. During 2014, strategic buyers accounted for approximately 81% of the transactions. Asset-light transport and logistics companies are trading at premium valuations compared to the S&P 500. Many larger, publicly traded transportation and logistics companies have been very active in pursuing acquisitions. Notable publicly announced 2015 transactions: o XPO Logistics entered into a definitive agreement to acquire Con-way for approximately $3.5 billion. o United Parcel Service acquired Coyote Logistics for approximately $1.8 billion. o Apax Partners acquired Quality Distribution for approximately $780 million. o Echo Global Logistics acquired Command Transportation for approximately $410 million. 1 Transportation & Logistics Industry Update | September 2015 Transportation & Logistics – M&A Market Overview U.S. Transportation & Logistics Transactions by Buyer Type U.S. Transportation & Logistics Transaction Multiples 160 12 10.1x 140 10 8.6x 32 8.3x 120 NM NM 7.6x 8 7.0x 100 6.7x 25 23 18 19 12 80 6 16 16 60 106 4 40 79 81 83 80 81 64
    [Show full text]
  • Annual Report 2019 Percent of Revenue by Industry
    J.B. HUNT TRANSPORT SERVICES, INC. 2019 NOTICE OF ANNUAL MEETING, PROXY STATEMENT AND ANNUAL REPORT With more than 58 years of experience, J.B. Hunt continues to raise the expectations for companies in transportation and logistics. The company was founded by an entrepreneur which created a culture that places innovation at its core. Over the past few years, J.B. Hunt has taken unprecedented approaches to tackle some of the industry’s biggest challenges, such as uncovering new available capacity, improving the day-to-day experience for truck drivers, and enhancing its trucking fl eet to continue being one of the safest on the road. Table of Contents Letter to our Stockholders and Employees 3 Notice of Annual Meeting of Stockholders 8 Proxy Statement 9 Proxy Summary 9 Proposal Number One – Election of Directors 22 Information About the Board 22 Nominees for Director 23 Director Compensation 28 Executive Officers of the Company 30 Security Ownership of Management 31 Corporate Governance 33 Audit Committee 40 Executive Compensation Committee 41 Nominating and Corporate Governance Committee 42 Principal Stockholders of the Company 44 Executive Compensation 45 Compensation Discussion and Analysis 45 Process of Setting Compensation 48 2019 Compensation 54 Summary Compensation 61 Grants of Plan-Based Awards 62 Outstanding Equity Awards at Calendar Year-end 64 Restricted Share Units Vested 66 Nonqualified Deferred Compensation 67 Potential Post-Employment Benefits 68 CEO Pay Ratio 69 Report of the Executive Compensation Committee 71 Proposal Number Two – Advisory Vote on Executive Compensation 72 Report of the Audit Committee 74 Proposal Number Three – Ratification of Independent Registered Public Accounting Firm 75 Proposal Number Four – Stockholder Proposal Regarding Reporting Political Contributions 78 Proposal Number Five – Stockholder Proposal Seeking a Report on Climate Change Initiatives 81 Questions and Answers About the Proxy Materials and the Annual Meeting 86 J.B.
    [Show full text]
  • First Name Last Name Job Title Company Bruce Abbe Executive
    First Name Last Name Job Title Company Bruce Abbe Executive Director Midwest Shippers Association Randy Abbott Intermodal VP of Sales XPO Logistics Mark Aberle Supply Chain Operations Eddie Bauer John Abisch RCEO Ecu Worldwide Thomas Abramowitz Sr Sales and Marketing Manager JSK Transportation Vice President, Global Sales Brian Abramowitz Division COSCO SHIPPING Lines (North America) Inc. David Adam Chairman & CEO US Maritime Alliance (USMX) Senior Consultant – Global Dustin Adams Logistics Procurement Halyard Health Theresa Adams Lopez Director of Community Relations Port of Los Angeles Frank Adcock AVP Marketing TTX Company Eric Adelstein SVP Supply Chain Bob's Discount Furniture Experiential Marketing and Brand Sandra Aderibigbe Manager Maersk Line David Adney AVP or Transportation Hobby Lobby Stores Inc. Ian Aguilar Sales Manager Shippabo Craig Akers Director of Operations Toy Shippers Association Inc Lisa Akers-Stein Vice President AFMS Global Transportation Consultant Natalie Akiyama Assistant to Division Manager Yamaha Motor Corporation Deniz Akkirman TPEB Tradelane Manager UPS Supply Chain Solutions Tony Alanis Executive Board Member ILWU LOCAL 13 Albanese- Global Forwarding Director of Stefania Monforti Sales XPO Logisitics David Albert COO Libra Director Of Logistics and Trade Alex Albertini Compliance Charlotte Russe Inc. Kenneth Albertson Vice President Sales & Marketing Progressive Transportation Services, LLC. Mark Aldridge Director of Sales NFI Global LLC Edward Aldridge Director, Head of FCL USA DB Schenker Goetz Alebrand VP Seafreight Kuehne + Nagel Raul Alfonso EVP & CCO Port Tampa Bay Stuart Allen EVP Sherwood Global Commerce Steve Alonso Director International Logistics The Home Depot TammyLy nn Alsup Manager Carhartt Beverly Altimore Executive Director USSA Ricardo Alvarez Director of Operations DP World Prince Rupert Roy Amalfitano Vice Chairman Evergreen Shipping Agency (America) Corp.
    [Show full text]
  • Country State Business
    Spotted Lanternfly Permit Participants These Participants have been trained on and found to be compliant with standards listed in the Order of Quarantine and Treatment regarding Spotted Lanternfly for operating in the quarantine area. The companies listed here have agreed to participate in and comply with the terms and conditions of the Order of Quarantine and Treatment which is designed to stop the movement of Spotted Lanternfly within or out of the current quarantine zone. Country State Business Canada AB 1763579 ON INC Canada AB 624889 BC LTD Canada AB 9958169 CANADA INC/LOHGARH TRANSPORT Canada AB ADMIRAL MERCHANTS MOTOR FREIGHT Canada AB BCD AB TRANSPORT LTD Canada AB CANEDA TRANSPORT LTD Canada AB CARAVAN AB INC Canada AB CBS TRUCKING INC Canada AB CERTARUS LTD Canada AB CODE LOGISTICS LTD Canada AB DAY AND ROSS INC Canada AB GILBERT TRUCKING LTD Canada AB JJ TRANSPORT INC Canada AB LANDSTAR Canada AB LOADSAFE CROSSBORDER FREIGHT INC Canada AB LOADSAFE/SL TRANSPORT LTD Canada AB MULLEN TRUCKING CORP Canada AB NORD-DECK TRANSPORT INC Canada AB SNOWY OWL TRANSPORTATION Canada BC 1063282 BC LTD Canada BC BERRY AND SMITH TRUCKING LTD Canada BC I-5 LOGISTICS SERVICES LTD Canada BC INTERNATIONAL MACHINE TRANSPORT INC Canada BC KDMS HOLDINGS INC Canada BC LODEXO LOGISTICS INC Canada BC MAVEN TRANSPORT LTD Canada BC PISTON TRANSPORT LTD Canada BC POWERLANE LOGISTICS INC Canada BC SKY BLUE TRANSPORT Canada BC SRT LOGISTICS Canada BC SYER TRANSPORTATION SERVICES LTD Canada BC TEN FOUR TRUCKING Canada BC THE DAY & ROSS TRANSPORTATION GROUP
    [Show full text]
  • Top U.S. Postal Service Suppliers for Fiscal Year 2017 Compiled by David P
    Top U.S. Postal Service Suppliers for Fiscal Year 2017 Compiled by David P. Hendel David P. Hendel This list of the top U.S. Postal Service suppliers in fiscal year (FY) 2017 was compiled based on data Husch Blackwell LLP received in response to a Freedom of Information Act request. Entries for companies believed to be 750 17th Street, NW, Suite 900 affiliated or have common ownership were consolidated under the company with the highest individual Washington, D.C. 20006-4675 ranking or best known name. City/state designations are based on the information in USPS payment Direct: 202.378.2356 records and may not be the contractor’s primary location. The data covers payments made by the Postal [email protected] Service in FY2017 (October 1, 2016 - September 30, 2017). As in past years, purchases made under credit cards (including U.S. Bank and Voyager card fuel purchases) are not included in this list. The information on this list has not been audited and, thus, may not be fully accurate. Please contact David Hendel if you have questions or know of discrepancies. A separate alphabetical listing appears on page 3 for ease of finding a particular contractor. Below are the top 150 suppliers to the U.S. Postal Service based on payments received in fiscal year 2017. Rank FY16 Supplier Name FY17 Amount City State 1 1 Federal Express Corporation* $ 1,610,032,668 Pasadena CA 2 8 Eagle Express Lines, Inc. / Hoovestol Inc.* $ 452,429,404 South Holland IL 3 2 EnergyUnited Electric Membership Corporation $ 402,457,507 Statesville NC 4 5 Salmon Companies, Inc.
    [Show full text]
  • Seeking Zen: a Post-Pandemic 3PL Market Latest Third-Party Logistics Market Results and Predictions for 2021 Including Estimates for 190 Countries
    Seeking Zen: A Post-Pandemic 3PL Market Latest Third-Party Logistics Market Results and Predictions for 2021 Including Estimates for 190 Countries August 2021 Phone: +1-800-525-3915 Website: www.3PLogistics.com Email: [email protected] ABOUT ARMSTRONG & ASSOCIATES, INC. Armstrong & Associates, Inc. (A&A) was established in 1980 to meet the needs of a newly deregulated domestic transportation market. Since then, through its leading Third-Party Logistics (3PL) market research and history of helping companies outsource logistics functions, A&A has become an internationally recognized key resource for 3PL market information and consulting. A&A’s mission is to have leading proprietary supply chain knowledge and market research not available anywhere else. As proof of our continued work in supporting our mission, A&A’s 3PL market research is frequently cited in media articles, publications, and securities filings by publicly traded 3PLs. In addition, A&A’s email newsletter currently has over 88,000 subscribers globally. A&A’s market research complements its consulting activities by providing continually updated data for analysis. Based upon its unsurpassed knowledge of the 3PL market and the operations of leading 3PLs, A&A has provided strategic planning consulting services to over 30 3PLs, supported 24 closed investment transactions, and provided advice to numerous companies looking to benchmark existing 3PL operations or outsource logistics functions. All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopied, recorded or otherwise, without the prior permission of the publisher, Armstrong & Associates, Inc.
    [Show full text]