XPO Logistics rolls out RXO as the name for its planned Q4 spin-off
July 12, 2022
Greenwich, Conn.-based freight transportation services provider XPO Logistics said it has established a new name for its truck brokerage and asset-light transportation units, in the latest step of its spin-off processes over the last several months. The new company will be named RXO, which XPO said will reflect its commitment to providing shippers with “reliability multiplied by outperformance,” with a corporate tagline of “Massive capacity. Cutting edge technology.”
XPO Logistics announces GXO as name of logistics spin-off
March 18, 2021
Following a December 2020 announcement, in which it rolled out its plan to seek a spin-off of its logistics group as a standalone publicly traded company split it into two separate publicly-traded companies on the New York Stock Exchange—with one focused on global contract logistics and the other focused on less-than-truckload (LTL) and truck brokerage transportation services—Greenwich, Conn.-based XPO Logistics, a provider of global freight transportation and logistics services, said today it has officially re-named its logistics group...