![]() Since November 2022, the company’s North American operations have been solely focused on LTL ( less-than-truckload) freight transportation. XPO is the second largest provider of less-than-truckload services in North America. Operations North American LTL XPO LTL facility in Tomah, Wisconsin formerly a Con-way Freight terminal In December 2023, XPO received approval from a Delaware bankruptcy court to acquire 28 service centers of Yellow Corporation for $870 million as a part of Chapter 11 bankruptcy. ![]() In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. Wes Frye, a retired industry veteran, to its board of directors. In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. Mario Harik, XPO’s former chief information officer, who also serves as the company’s president, was appointed as CEO. In August 2022, Brad Jacobs announced he was stepping down as CEO and would serve as executive chairman. XPO dropped “Logistics” from its name in December 2022 and remains solely as an LTL carrier, which allows multiple customers to transport goods in the same truck. Drew Wilkerson was appointed as CEO of the company. RXO is headquartered in Charlotte, North Carolina, and provides managed transportation and last-mile logistics. RXO, which stands for “reliability multiplied by outperformance” and provides global forwarding. This was followed by XPO Logistics spinning off its brokerage and other services segment to a separate company named RXO, Inc. Malcolm Wilson is the CEO of the company. GXO stands for “game-changing opportunities”. In August 2021, the company spun off its contract logistics business into a separate company named GXO Logistics, with facilities located primarily throughout North America and Europe. īeginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely an LTL provider. In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. In June 2016, XPO was included in the Fortune 500 list of the largest U.S. XPO sold its truckload division (acquired from Con-Way) to TransForce for $558 million in cash. XPO paid US$3.56 billion, which included acquired debt, for European transport company Norbert Dentressangle and US$3 billion for Con-way Inc. (March 2014), Norbert Dentressangle SA (April 2015) and Con-way Inc. Some notable acquisitions include: 3PD, Inc. ![]() XPO has acquired a number of logistics businesses in North America and overseas. In June 2012, XPO listed its shares on the New York Stock Exchange. It was acquired by Brad Jacobs and renamed to XPO Logistics in September 2011. The company was initially called Express-1 Expedited Solutions and listed on American Stock Exchange under the ticker symbol XPO. The company has headquarters in Greenwich, Connecticut, U.S., and 564 locations globally. is an American transportation company that conducts less-than-truckload shipping in North America.
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