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The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [20] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [21] Beginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely a less-than-truckload (LTL ...
XPO Logistics, Inc (NYSE: XPO) shared preliminary results for the third quarter of FY22 and long-term targets. XPO expects revenue of $3.04 billion, below the consensus of $3.1 billion. It expects ...
Penchant Software is a provider of planning, tracking and execution software for logistics companies and continues to be based in Minneapolis. [ 5 ] Optima Service Solutions- On November 15, 2013, XPO, Inc. acquired Optima Service Solutions of Roswell, GA , expanding the last mile offerings of its 3PD unit.
In December 2020, XPO, Inc. announced that it would spin off its global contract logistics segment into a separate company. [10] In March 2021, XPO announced the new name of the firm as GXO Logistics Inc. [11] The spin-off was completed on August 2, 2021, [3] with American businessman Brad Jacobs named as Non-Executive Chairman, Malcolm Wilson as CEO; formerly the CEO of XPO, Inc. European ...
The company was later listed on the New York Stock Exchange under the ticker symbol XPO, Inc. [27] In August 2021, XPO, Inc. completed its spin-off of GXO Logistics, and Jacobs became non-executive chairman of GXO's board of directors. [28] [29] [30] In August 2022, Jacobs announced plans to step aside as CEO of XPO, Inc. but remain executive ...
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