XPO | XPO breakup advances, intermodal unit sold to STG Logistics

[Freightmaster1]

XPO breakup advances, intermodal unit sold to STG Logistics

XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone

www.freightwaves.com

 

[Dwell Time]

Bradley must need that new yacht.

 

[XCCX]

Bradley must need that new yacht.

He doesn’t profit from this sale like you may think. His money is largely tied to the share price.
Remember he uses OPM.

 

[XCCX]

Brad is chasing ODFL share price. If he can get close to it ( 70 per share vs. 300 per share) he will double his net worth.
Than he can buy a Putin like size Yacht.

 

[Dwell Time]

He doesn’t profit from this sale like you may think. His money is largely tied to the share price.
Remember he uses OPM.

Yeah the shareholders need there yachts first. Bradley will have to keep floating around in ss minnow.

 

[XCCX]

Yeah the shareholders need there yachts first. Bradley will have to keep floating around in ss minnow.

It’s their money.