Who is the owner of XPO?
businessman Brad Jacobs
In September 2011, American businessman Brad Jacobs acquired Express-1 Expedited Solutions, Inc. and became its chairman and CEO. The company changed its name to XPO Logistics – a reference to Express-1’s AMEX ticker symbol, “XPO” – and began acquiring other companies in the transportation and logistics sector.
What is going on with XPO Logistics?
The company is going to spin off its brokerage division, which arranges freight hauling between thousands of customers and thousands of truckers, leaving it with the less-than-truckload, or LTL, business. LTL is just what it sounds like: the hauling of cargoes that are less than a full truckload.
Who is the vice president of XPO Logistics?
Karlis P. Kirsis serves as Senior Vice President and Corporate Counsel of XPO Logistics, Inc.
What is XPO stand for?
XPO
| Acronym | Definition |
|---|---|
| XPO | Express Persistent Objects |
| XPO | Executive Petty Officer (US Coast Guard) |
| XPO | Exportin |
| XPO | Xternal Portable Office |
Who founded XPO Logistics?
Brad Jacobs
Brad Jacobs has started five companies from scratch and led each of them to become a billion dollar or multi-billion-dollar enterprise. These include three publicly traded companies: XPO Logistics, Inc. (NYSE: XPO), United Rentals, Inc.
Did XPO go out of business?
XPO Logistics announced after the closing bell Tuesday it will become solely a trucking company, spinning off its high-tech truck brokerage business into a separate publicly traded firm.
Did XPO get bought?
[Stay on top of transportation news: Get TTNews in your inbox.] 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. In 2021, Greenwich, Conn.
What does xpo stand for?
Where is the headquarters for XPO Logistics?
Greenwich, CTXPO Logistics / Headquarters
Is XPO Logistics a Fortune 500 company?
XPO ranks No. 190 on the Fortune 500 overall, based on 2020 revenue of $16.25 billion. The company is the second-largest contract logistics provider, the second-largest freight broker globally and a top three less-than-truckload provider in North America.