XPO Logistics, Inc. (NYSE: XPO) (“XPO”) has announced that it has completed the sale of its truckload business to TransForce Inc. (TSX: TFI) for approximately $558 million in cash, subject to customary adjustments. XPO will use the proceeds from the transaction to pay down debt The divested truckload operation encompasses approximately 3,000 tractors, 7,500 trailers […]
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