spinoff

Business, Logistics, Top 50, Top 100

Incoming CEO of XPO Spinoff Company Outlines Plans

XPO Logistics fulfillment facility 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)

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.

Connor D. Wolf | Staff Reporter
January 19, 2021
Business, Logistics, Breaking News, Top 50, Top 100

XPO Logistics Plans to Split Into Two Companies

An XPO Logistics truck XPO Logistics

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.

Jerry Hirsch | Contributing Writer
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