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XPO's purchase of the French 3PL is the company's first international acquisition and gives it a strong foothold in the European market.
Chicago-based SEKO has expanded in recent years into a full-service logistics provider with transportation, warehousing, supply chain, home delivery and e-commerce capabilities.
Mitigating factors impacted the expected rebound after the resolution of contentious ILWU-PMA port labor contract negotiaitons, according to the southern California port.
The International Longshore and Warehouse Union said 82 percent of its members voted in favor of ratification.
Trade Promotion Authority, a bill that grants the president authority to conclude trade deals without congressional interference, moved forward in the Senate Thursday morning.
Together with Dynamex, the two units will offer final mile delivery in more than 70 markets.