In the news
Greenwich, Conn. | Mar. 18, 2021
XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, today announced the identity of the new company that has been created in connection with the planned spin-off of XPO’s logistics business. The company is named GXO Logistics, Inc. and will go to market with the tagline “Logistics at full potential.”
XPO Logistics announces public filing of Form 10 registration statement for planned spin-off of GXO Logistics.
XPO Logistics announces two senior executive appointments for planned spin-off of GXO Logistics
XPO Logistics, Inc. (NYSE: XPO) announced that Angus Tweedie has been appointed to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business.
XPO Logistics Inc. named a chief information officer for its spin-off company, as it prepares to split its transportation and supply-chain management businesses into separate entities.
CEO Brad Jacobs said, “Our fourth-quarter revenue, earnings, and free cash flow were all much better than expected, The industry’s biggest tailwinds are at our back in 2021.”
Malcolm Wilson shares his plans for when he becomes the first CEO of a new company splitting from XPO Logistics, Inc.