XPO to record $35M cost over inherited legal issue
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. LTL carrier XPO expects an approximately $35 million charge in its Q3 earnings due to a longstanding insurance lawsuit stemming from M&A activity, according to a securities filing. The disclosure signals an end to a case that has moved back and forth in Oregon courts for over a decade and has been tied to the company’s monumental purchase of transportation conglo ...