XPO
XPO Logistics Names More Leaders for Spinoff GXO
XPO Logistics Inc. announced last month two additional leaders associated with its planned spinoff business GXO Logistics.
May 14, 2021XPO’s Brad Jacobs Assesses Economy, Trucking in Shareholder Letter
Since joining XPO Logistics’ predecessor 10 years ago, Jacobs and his team have grown the company from $175 million annually in revenue to $16.3 billion in 2020. (XPO Logistics Inc.)
XPO Logistics Chairman and CEO Brad Jacobs tells shareholders in a letter why he thinks the U.S. economy is primed for a big rebound.
April 14, 2021XPO Sets GXO Logistics as Name of New Spinoff Company
GXO via YouTube (left) and XPO Logistics via YouTube
XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.
March 18, 2021Incoming CEO of XPO Spinoff Company Outlines Plans
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.
January 19, 2021XPO Logistics Partners With Truckers Against Trafficking
XPO Logistics Inc.
XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime.
January 12, 2021XPO Names Leadership Team for New Logistics Business
Malcolm Wilson (XPO Logistics)
XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment.
January 12, 2021XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics
XPO said the transaction expands its contract logistics network in the U.K. and Ireland to 248 locations and about 26,000 employees. (XPO Logistics)
XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.
January 4, 2021XPO Logistics Plans to Split Into Two Companies
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.
December 2, 2020Coronavirus Likely Altered Supply Chains Permanently, XPO’s Chowdhury Says
XPO Logistics
Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.
December 2, 2020XPO Posts Revenue Increase, Net Income Decrease in Q3
XPO said net income declined 28.2% to $84 million in the third quarter compared to a profit of $117 million in the same period a year earlier, but revenue rose 1.6% to $4.22 billion from $4.15 billion. (XPO Logistics Inc.)
XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020