Todd Maiden
Tuesday, November 1, 2022
Done deal: XPO completes spinoff of brokerage unit RXO
XPO announced Tuesday that it has spun off brokerage unit RXO, which is now a separately traded company.
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Todd Maiden
Monday, October 17, 2022
XPO, RXO financial targets imply no letup through 2027
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
Todd Maiden
Wednesday, September 7, 2022
XPO names finance head for brokerage spinoff RXO
XPO Logistics announced that Jamie Harris will become the CFO of freight broker RXO following a planned separation in the fourth quarter.
Todd Maiden
Friday, March 25, 2022
XPO breakup advances, intermodal unit sold to STG Logistics
XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.
Todd Maiden
Wednesday, June 9, 2021
XPO provides GXO guidance, pulls forward spinoff date
XPO Logistics provided updated expectations for the second quarter and issued 2022 guidance for soon-to-be stand-alone logistics company GXO.
