XPO Logistics, Inc. amends and restates $415 million asset-based revolving loan credit facility

April 1, 2014

Client: XPO Logistics, Inc.

On April 1, 2014 XPO Logistics, Inc. (XPO) and its various subsidiaries, amended and restated their $415 million asset-based revolving loan credit facility to provide for an increase in commitments. The credit facilities were made available by Morgan Stanley Senior Funding, Inc. (Morgan Stanley), as agent, and Morgan Stanley, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Citigroup Global Markets Inc. as joint lead arrangers and joint bookrunners.

Simultaneously with the closing of the amended credit facilities, XPO completed the acquisition of Pacer International, Inc., a Tennessee corporation (Pacer), pursuant to the terms of the Agreement and Plan of Merger, dated as of January 5, 2014.

XPO is one of the fastest growing providers of transportation logistics services in North America. XPO facilitates more than 22,000 deliveries a day, using relationships with more than 24,000 ground, sea and air carriers to serve over 12,000 customers in the manufacturing, industrial, retail, commercial, life sciences and government sectors. The acquisition of Pacer makes XPO Logistics the third largest provider of intermodal services in North America, and the largest cross-border Mexico provider.

XPO was represented in Canada by Norton Rose Fulbright Canada LLP with a team comprised of Arnold Cohen and Matthew Lippa.