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XPO Logistics, Inc.'s North American truckload business was acquired by TransForce Inc. for approximately $558 million following an auction process. Scudder Law Firm served as counsel to XPO in the transaction.
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Scudder Law Firm represented XPO Logistics, Inc. in the $87 million cash purchase of the Landstar Supply Chain Solutions business from Landstar. The LSCS business was focused on logistics and brokerage operations to support the expedited auto parts delivery market.
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XPO Logistics, Inc. (NYSE: XPO) acquired the assets of Turbo Logistics, Inc. and Turbo Dedicated, Inc., providers of non-asset based third-party logistics services, for a purchase price of $50 million. Scudder Law Firm represented XPO in negotiating, documenting, and closing the transaction.