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XPO Logistics Plans to Slow Acquisitions in Near-Term

Over the past four years, XPO Chief Executive Bradley Jacob said he has built a logistics giant primarily through acquisitions totaling $15 billion in revenue, about 80,000 employees and more than 50,000 customers in industries ranging from trucking to contract logistics. After the $3 billion transaction to buy Con-way goes through, the company will focus on combining back-office operations from its recent acquisitions, as well as reducing costs and improving profitability.

“Now we have to...