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Ground to absorb Express
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<blockquote data-quote="bacha29" data-source="post: 3512238" data-attributes="member: 58386"><p>E commerce already accounts for 29% of XPO's total business. Final mile business is growing by 20+% annually. As a result they are building 30 new final mile hubs this year. In addition, they are already farming out one third of their final mile business to "independent contractors" It's all there in they're Q 4 transcripts which also discloses the fact that they plan to make one and possibly two acquisitions this year. When you're cranking 675M a year in free cash flow and is expected to grow to a billion annually in the next couple of years then what they do with it......stay tuned.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3512238, member: 58386"] E commerce already accounts for 29% of XPO's total business. Final mile business is growing by 20+% annually. As a result they are building 30 new final mile hubs this year. In addition, they are already farming out one third of their final mile business to "independent contractors" It's all there in they're Q 4 transcripts which also discloses the fact that they plan to make one and possibly two acquisitions this year. When you're cranking 675M a year in free cash flow and is expected to grow to a billion annually in the next couple of years then what they do with it......stay tuned. [/QUOTE]
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