spinoff
Business, Logistics, Top 50, Top 100
Robots and people work together to fulfill orders at an XPO facility. "Demand is increasingly for supply chain automation, robotics, and we’re really at the forefront of that industry innovation," incoming CEO Malcolm Wilson said. (XPO Logistics)
Incoming CEO of XPO Spinoff Company Outlines Plans

Malcolm Wilson shared his hopes and plans Jan. 15 for when he becomes the first CEO of a new company splitting from XPO Logistics Inc.
January 19, 2021
Business, Logistics, Breaking News, Top 50, Top 100
XPO Logistics Plans to Split Into Two Companies
XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.
December 2, 2020
Business
Patriot Names Trucker New Patriot as Part of Spinoff
Patriot Transportation Holding Inc. said it is creating New Patriot, a separate publicly traded carrier, as part of a plan to split the business into transport and real estate units.
August 25, 2014