XPO Logistics said it posted a fourth-quarter loss after earning a profit in the same period a year ago.
The net loss was $1.5 million, or 27 cents per share, compared to a profit of $800,000, or 10 cents, a year ago. Revenue rose 6.1% to $44.1 million, the logistics provider said in a statement.
Expedited shipment group Express 1’s revenue rose 10.1% to $20.3 million.
Freight forwarder Concert Group Logistics’ revenue declined 4.9% to $16.8 million.
Freight brokerage revenue climbed 27.2% to $8.3 million.