I'm sure most you've heard this all before . Mr. Jacobs is touted as a mergers-and-acquisitions guy, 500 deals. Buy at a discount sell at a profit. Some deals he's held as long as 10 years, and a pipeline of deals that he's built over 30+ yrs, so it's what he does best. I don't think most people have any problem with him being a billionaire, it's just he's not a regular CEO running a transportation company. His investors and him that are here to profit and will jump ship at some point in the near future. In the meantime with a fairly large stake in the company stock, he's not going to listen to anybody outside his circle of expert's, and Big Data cruchers.
With that being said, he doesn't have any loyalty to the employees of XPO. At what length will he go to meet his objectives. Granted I've never worked for a poor person, but I don't believe he's a Warren Buffett style investor either. These types of actions have given the Teamsters a target whether you believe in the unions or not.