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XPO, Inc. is an American transportation company that conducts 
less-than-truckload shipping
Less-than-truckload shipping or less than load (LTL) is the transportation of an amount of freight sized between individual parcels and full truckloads. Parcel carriers handle small packages and freight that can be broken down into units less t ...
. The company's headquarters are located in Greenwich, Connecticut, 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 companyNorbert Dentressangle
Norbert Dentressangle () was a major European transport, logistics and freight forwarder. It was founded in 1979, initially concentrating on cross channel transport between France and the United Kingdom.
In December 2007, Norbert Dentressangle do ...
at a cost of billion, including acquired debt.
In September of 2015 XPO acquired Con-way
Con-way, Inc. was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion, Con-way was the second largest less-than-truckload transport pr ...
for $3 billion. XPO sold their truckload division (acquired from Con-Way) to TransForce 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 (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
Searcy ( ) is the largest city and county seat of White County, Arkansas, United States. According to 2019 Census Bureau estimates, the population of the city is 23,767. It is the principal city of the Searcy, AR Micropolitan Statistical Area ...
.
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 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) *Economy of Connecticut
The total gross state product for Connecticut for 2012 was $229.3 billion, up from $225.4 billion in 2011.
Connecticut's per capita personal income in 2013 was estimated at $60,847, the highest of any state. There is, however, a great d ...
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