Last week, the company announced the acquisition of major European logistics provider Norbert Dentressangle for $3.53 billion. This is the company's first venture outside of the U.S.
Jacobs said XPO is a major factor in multiple areas. It ranks third in U.S. intermodal transportation and is a significant player in transporting goods to the U.S. from Mexico under the North American Free Trade Agreement (NAFTA). XPO does not own many of its trucks, but it still is a factor in about one-third of all appliance and furniture deliveries in the nation.
Cramer asked about further acquisitions, and Jacobs noted the transportation industry is quite fragmented at the moment with thousands of companies still on the board. He added, though, that not every acquisition would be large, as some could be small and strategically important.
Separately, TheStreet Ratings team rates XPO LOGISTICS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate XPO LOGISTICS INC (XPO) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall."