XPO Logistics News Updates

Business, Equipment

XPO Ramps Up Trailer Production in Arkansas

XPO Logistics Chairman and CEO Brad Jacobs said recently that the company’s less-than-truckload network covers 99% of all North American ZIP codes. The trailers delivering to those locations come from its own trailer-making and refurbishing plant.

March 25, 2022
Business, Equipment, Logistics, Top 100

XPO Sells Intermodal Unit to STG Logistics for $710 Million

XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.

March 25, 2022
Business, Logistics, Breaking News, Top 50

XPO to Split LTL, Freight Brokerage Businesses

XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.

March 9, 2022
Business

XPO Ends Eventful Year With Record $3.36 Billion Revenue

XPO Logistics Inc. achieved its highest quarterly revenue ever during the fourth quarter of 2021, the company reported Feb. 8.

February 9, 2022
Business, Logistics, Top 50

XPO Logistics Port Truckers Seek to Unionize

Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.

January 19, 2022
Business, Logistics

XPO Reports Record Revenue, but Issues in LTL for Q3

XPO Logistics Inc. reported the highest revenue in its history Nov. 2, but noted some challenges with less-than-truckload performance for the third quarter.

November 3, 2021
Business, Logistics

Mario Harik Tabbed to Run XPO’s LTL Division

XPO Logistics Inc. CIO Mario Harik will run the company’s less-than-truckload division in an acting capacity in the wake of the retirement of the LTL division president, Tony Brooks.

October 8, 2021
Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

July 29, 2021
Business, Logistics

XPO Spinoff GXO to Go Public Aug. 2

GXO Logistics will sell shares to the public for the first time Aug. 2 on the New York Stock Exchange, executives said during an investor day presentation July 13.

July 13, 2021
Business, Logistics, Top 50, Top 100

XPO Announces GXO’s $800 Million Notes Offering

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

June 18, 2021