Login



For PLUS+ subscription assistance, contact customer service.

Not a PLUS+ Subscriber?

Become a PLUS+ Subscriber today and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access
  • 7 Magazine Issues per Year
  • Companion Digital Editions
  • Digital Edition Archives
  • Bonus Email Newsletters

Subscribe Today!

Premium access to exclusive online content, companion digital editions, magazine issues and email newsletters.

Subscribe Now.


Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2009.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $109/year*. Begin yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

For assistance with your PLUS+ subscription, contact customer service.

* Prices higher for subscriptions outside the USA.

PLUS+ Customer Service Support


Customer service for all PLUS+ subscribers is available Mon-Fri, 9am-5pm Eastern time.

Email: [email protected]
Phone: 1-800-598-6067 (1-508-663-1500 x294 outside USA)
Mail: PO Box 1496, Framingham MA 01701-1496, USA



You have been logged out of PLUS+


For PLUS+ subscription assistance, contact customer service.

Need to access our premium PLUS+ Content?
Upgrade your subscription now.


Our records show that you are currently receiving a free subscription to Supply Chain Management Review magazine, or your subscription has expired. To access our premium content, you need to upgrade your subscription to our PLUS+ status.

To upgrade your subscription account, please contact customer service at:

Email: [email protected] Phone: 1-800-598-6067 (1-508-663-1500 x294 outside USA)

Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2010.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $129/year*. Start yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

This content is available for PLUS+ subscribers.


Already a PLUS+ subscriber?


To begin or upgrade your subscription, Become a PLUS+ subscriber now.

For assistance with your PLUS+ subscription, contact customer service.

Sorry, but your login to PLUS+ has failed.


Please recheck your login information and resubmit below.



For PLUS+ subscription assistance, contact customer service.

Report states that Home Depot expressed interest in acquiring XPO Logistics

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO.

By ·
{scmr_abstract}
By ·

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO.

While neither company commented publicly, Recode said that were Home Depot to make an offer, a key driver of it would be to keep Amazon from scooping up XPO, which has also vetted acquiring XPO, according to a source cited in the report.

The report also noted that Recode was unable to confirm Amazon’s interest in XPO or if Home Depot or Amazon spoke with XPO, it stated that Home Depot and Amazon have each been XPO customers.

Since its inception in 2011, XPO has been the most active company in logistics, when it comes to M&A activity.  In that time it has acquired nearly 20 companies, and has grown both through expansion, as well as organically, while paving out its path to being a global and full-service transportation and logistics services provider.

What’s more, as noted in a research note by Stifel analyst John Larkin, the company has an “unused $8 billion war chest,” while observing that unless the XPO M&A team cannot find a high quality, sizable, reasonably priced ‘needle mover’ that synergistically complements its existing operations, XPO remains at least a couple of years away from seeking what he called a full blown exit strategy.

And the analyst also pointed out that it would be surprising if XPO derived more than 3-4% of its overall revenue from Home Depot, which leaves the question of where the synergies of an XPO-Home Depot deal would come from.  

A separate Wall Street research note issued by Morgan Stanley said it may be “redundant” for Home Depot to acquire XPO on the heels of its recent fulfillment announcements, focusing on building out its own internal supply chain to address same and next day and bulk item logistics.  

“We see logic in HD looking at other logistic companies to either acquire or learn from as it attempts to extend its omni-channel capabilities,” it said. “But in light of HD’s detailed strategy to architect its own network, purchasing a separate logistics operator may be redundant.”

Taking that a step further in addressing what this type of deal would mean for freight transportation, the firm explained that the value added parts of freight transportation and logistics are potentially very valuable to large shippers, technology giants and other entities looking to take control of the cost, data and quality of their logistics operations.

But it also came with the caveat that for incumbent freight players it  also means loss of insourced volumes, more well-funded competitors in the space if opened up to 3rd parties and reduction in the value of the more commoditized parts of the business.

“We continue to believe that technology — whether autonomous trucks, uberization of freight, blockchain or ecommerce/omnichannel solutions — will continue to be where the value is created and truck brokerage/freight forwarding, parcel delivery and traditional trucking will see the most value destruction,” it said.

Not to be overlooked in this speculation is XPO’s leading position in the last-mile space, which has been spurred on by the ongoing advent of e-commerce activity, with consumers getting more comfortable ordering heavy goods and appliances online.

Industry stakeholders said on Truckingboards.com that if Home Depot had XPO in the fold it could help to level the playing field with Amazon, whereas if Amazon acquired XPO, Home Depot would lose significant scale and consumer value.

In a May 2017 interview with LM, Charlie Hitt, president of XPO’s last mile business unit said that the impact of a rapidly growing e-commerce market on the last mile sector, especially for heavy goods, is something that cannot be overstated.

“Traditional brick and mortar retailers are expanding out with more e-commerce offerings, and they want it to be seamless and they want it fast,” said Hitt. 


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Supply Chain Management Review Magazine!

Subscribe today. Don't Miss Out!
Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!

Article Topics

All Topics
Latest Whitepaper
Third Party Risk: Too Close for Comfort
You’ve got a handle on many of the potential supply chain "disrupters" that can paralyze your business. But the real risk is embedded in areas you may have overlooked.
Download Today!
From the December 2017
This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals. As with years past, we’re also featuring several articles we trust will offer food for thought in your supply chain throughout the coming year.
Transportation Trends: The last mile, history repeating
Economic Outlook: A Complex and Uneven Scenario for Global Supply Chains
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!


Latest Webcast
The Perfect Formula for Determining the Right Amount of Inventory
This webcast explains how the science of theoretical minimums, a new approach to inventory optimization, provides a simple and elegant way to reduce cost and increase customer service levels by monetizing time delays across the extended supply chain.
Register Today!
EDITORS' PICKS
Oracle Modern Supply Chain Experience Promises to Address Key Industry Issues
In many cases, system and data from different vendors are integrated frequently, in different...
Atradius Issues New Report on Supply Chain Risk in North America
The U.S. shows strong economic performance, but the looming risk that leadership in Washington will...

2018: The year we make meaningful progress on digital transformation
Perhaps it would have been better to describe it as a digital evolution – more of an ongoing...
Industrial and Supply Chain Real Estate Expected to Soar in 2018
Strong economy and insatiable demand for online shopping behind industrial real estate resurgence