XPO’s spin-off of GXO Logistics gets board approval

Companies on track for Aug. 2 separation

The board of directors for XPO Logistics has approved the separation of XPO’s contract logistics business into a new, distinct company, GXO Logistics, while XPO will retain the transportation division with a focus on less-than-truckload transportation and truck brokerage. With the approval secured for the spin-off announced in December, separation will take place via pro […]

 

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