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XPO, Inc. is an American transportation company that conducts less-than-truckload shipping. The company's headquarters are located in
Greenwich, Connecticut Greenwich (, ) is a town in southwestern Fairfield County, Connecticut, United States. At the 2020 census, the town had a total population of 63,518. The largest town on Connecticut's Gold Coast, Greenwich is home to many hedge funds and other ...
, U.S.


History

The company was initially called ''Express-1 Expedited Solutions'' before being renamed to ''XPO Logistics'' in September 2011. In June 2012, XPO listed its shares on the New York Stock Exchange. In April 2015, XPO purchased European transport company Norbert Dentressangle at a cost of billion, including acquired debt. In September of 2015 XPO acquired Con-way for $3 billion. XPO sold their truckload division (acquired from Con-Way) to
TransForce TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal. It operates primarily in Canada, the United States, and Mexico through 4 business segments: less than truckload (LTL), ...
for $558 million in cash. In June 2016, XPO was included in the ''Fortune 500'' list of the largest U.S. corporations based on revenue. In 2019, XPO was the first global logistics company to join the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
(MIT) Industrial Liaison Program, a partnership organization that pairs MIT resources with corporations worldwide to solve global business challenges. The company spun off its logistics segment to a separate company named ''GXO Logistics'' in August 2021. This was followed by XPO Logistics spinning off its brokerage and other services segment to a separate company named ''RXO Inc.'' in November 2022. , XPO produces new and remanufactured trailers at a factory in Searcy, Arkansas. The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France.


Conditions for female employees

A 2018 article by The New York Times profiled experiences of several female employees working at a
Memphis Memphis most commonly refers to: * Memphis, Egypt, a former capital of ancient Egypt * Memphis, Tennessee, a major American city Memphis may also refer to: Places United States * Memphis, Alabama * Memphis, Florida * Memphis, Indiana * Memp ...
warehouse operated by XPO. The warehouse is described as windowless and, lacking air-conditioning, sometimes temperatures surpass . According to a police report and XPO employees, a worker died of cardiac arrest on the warehouse floor in 2017 and other workers were told to continue working. There have been several cases of miscarriage in pregnant workers at the warehouse, which were attributed to management's refusal to allow pregnant workers to avoid the most strenuous jobs. XPO spokesperson Erin Kurtz stated that the claims were unsubstantiated and filled with inaccuracies.


See also

*
Companies listed on the New York Stock Exchange (X) X {, style="background:transparent;" !Stock name !Symbol !Country of origin , ---- , United States Steel Corporation , , United States , ---- , Xenia Hotels & Resorts , , United States , ---- , Xerox , , United States , ---- , Xinyuan Real Est ...
* Economy of Connecticut


References


External links

* {{Authority control 2012 initial public offerings Companies based in Greenwich, Connecticut Companies listed on the New York Stock Exchange Greenwich, Connecticut Logistics companies of the United States Multinational companies headquartered in the United States Transport companies established in 1989 Transportation companies based in Connecticut Trucking companies of the United States