Reuters reported that XPO Logistics will buy trucking and logistics company Con-way for $3 billion including debt, making it the second largest provider of less-than-truckload services in North America.

This is another strategic move by XPO, which, in April, purchased France’s Norbert Dentressangle for $3.53 billion and U.S.-based Bridge Terminal Transport for $100 million, according to Reuters.

XPO has experienced quite a bit of growth since 2011, with Reuters noting that it now has more than $3 billion in market capitalization from $173 million in 2011.

Access the full report from Reuters here.