Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
Jacobs said that XPO has sent the past two years focused on integration and optimization, but now the company is well capitalized and ready to begin looking for more accretive mergers and acquisition deals. With $1 billion in liquidity, he said, XPO has the scale it needs for more transformative deals.
When asked about his business, Jacobs explained that the industrial economy in America is back and XPO is now No. 2 in less-than-truckload shipments and No. 1 in last-mile logistics. Much of that growth has come from a boom in ecommerce, where consumers are beginning to buy heavy goods, like appliances, furniture and exercise equipment, online.
Turning to the topic of driverless trucks, Jacobs said he absolutely sees the trend coming over the next 10 years and they welcome the efficiencies it'll bring to their business.
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