XPO Logistics Completes Spin-Off of GXO Logistics

XPO Logistics Inc. announced that it has completed the previously announced spin-off of GXO Logistics, Inc., creating two independent, publicly traded companies. XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world. XPO shares will continue to trade on the New York Stock Exchange under the symbol "XPO" and, effective today, GXO will ... [+]

advert 3