Forward Air and Omni Logistics clear the path to a new, revised deal
January 25, 2024
Fast-forwarding nearly six months later to this week, it appears that the transaction will now come to fruition, with Forward Air saying that the terms of the agreement have been amended.
With spin-off from XPO Logistics complete, RXO hits the ground running
November 1, 2022
The debut of RXO was made official today, with the spin-off of XPO Logistics truck brokerage and asset-light transportation units now officially complete. RXO began trading today on the New York Stock Exchange, and it is the fourth-largest full truckload broker in the United States. The company has roughly 7,400 employees, with its technology-enabled truck brokerage business connecting shippers across various verticals to around 100,000 independent carriers and more than 1.5 million trucks. RXO’s corporate headquarters are in Charlotte, N.C.