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 Cargo, freight sized between individual Package delivery, parcels and full Truckload shipping, truckloads. Parcel carriers handle small packages and freig ...

in North America. The company has headquarters in

Greenwich, Connecticut Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...

, and has 614 locations globally.

History

2011–2021

The company was initially called Express-1 Expedited Solutions and listed on

American Stock Exchange NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known ...

under the ticker symbol XPO. It was acquired by

Brad Jacobs Bradley Robert Jacobs (born June 11, 1985) is a Canadian curler from Sault Ste. Marie, Ontario. He currently skips his own team out of Calgary, Alberta. He is an Olympic champion skip, having led Canada to a gold medal at the 2014 Winter Oly ...

and renamed to XPO Logistics in September 2011. In June 2012, XPO listed its shares on the New York Stock Exchange. XPO has acquired a number of logistics businesses in North America and overseas. Some notable acquisitions include: 3PD, Inc. (August 2013), Pacer International, Inc. (March 2014), Norbert Dentressangle SA (April 2015) and Con-way Inc. (October 2015). XPO paid US$3.56 billion, which included acquired debt, for European transport company Norbert Dentressangle and $3 billion for Con-way. In 2016, XPO sold its 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), p ...

for $558 million in cash. In June 2016, XPO was included in the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...

list of the largest US corporations based on revenue. The company has conducted logistics operations for the Evian Golf Championship and the

Paris Marathon The Paris Marathon () is an annual marathon (sport), marathon hosted by the city of Paris, France. It is the largest running event in France in terms of finishers and is typically among the five largest marathons in the world. The marathon begi ...

. In 2019, XPO Logistics released a mobile game simulating freight operations for the

Tour de France The Tour de France () is an annual men's multiple-stage cycle sport, bicycle race held primarily in France. It is the oldest and most prestigious of the three Grand Tour (cycling), Grand Tours, which include the Giro d'Italia and the Vuelta a ...

. Beginning in 2021, XPO Logistics broke into three separate publicly-traded companies, making XPO solely a less-than-truckload (LTL) provider. XPO Truck and Trailer on Bridge

GXO Logistics

In August 2021, the company spun off its contract logistics business into a separate company named GXO Logistics, with facilities located primarily throughout North America and Europe. GXO stands for "game-changing opportunities". Malcolm Wilson is the CEO of the company.

RXO

XPO spun off its brokerage and other servicesmanaged transportation, global forwarding and last-mile logisticsbusiness to a separate company named RXO, Inc. in November 2022. RXO is headquartered in

Charlotte, North Carolina Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United ...

. Drew Wilkerson is CEO of the company.

2022–present

XPO dropped "Logistics" from its name in December 2022 and remains solely an LTL carrier, which allows multiple customers to transport goods in the same truck. In August 2022,

announced he was stepping down as CEO and would serve as executive chairman. Mario Harik, XPO's former chief information officer, who also serves as the company's president, was appointed as CEO. In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. In December 2023, XPO received approval from a Delaware bankruptcy court to acquire 28 service centers of Yellow Corporation for $870 million as a part of

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...

. The acquisition was finalized in January 2024. In 2025, XPO was listed by DriveBigTrucks.com as one of the best trucking companies for women, based on factors such as safety practices, benefits, and career support. Also in 2025, ''Fortune'' magazine included XPO on its list of America's Most Innovative Companies. XPO was the only pure play LTL carrier included in the 300-company list.

Operations

North American LTL

XPO is the second largest provider of less-than-truckload services in North America. LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time. In 2022, XPO's CEO stated that the company operates in 99% of US zip codes. , XPO also produced new and re-manufactured trailers at a factory in

Searcy, Arkansas Searcy ( ) is the largest city in and the 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 Statisti ...

European Transportation Segment

XPO provides dedicated truckload, LTL, truck

brokerage A broker is a person or entity that arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neith ...

, managed transportation, last mile and

freight forwarding A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper (party that arranges an item for shipment) by liaising with carriers (party that transports goods) ...

in Europe. The company also manages multimodal solutions, such as road-rail and road-short sea combinations. 1,000 new drivers were hired in the U.K. and

Ireland Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan ...

in 2022.

Controversy

A 2018 article by ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'' profiled the experiences of several employees working at a

Memphis, Tennessee Memphis is a city in Shelby County, Tennessee, United States, and its county seat. Situated along the Mississippi River, it had a population of 633,104 at the 2020 United States census, 2020 census, making it the List of municipalities in Tenne ...

, warehouse operated by XPO. The warehouse had no windows or

air conditioning Air conditioning, often abbreviated as A/C (US) or air con (UK), is the process of removing heat from an enclosed space to achieve a more comfortable interior temperature, and in some cases, also controlling the humidity of internal air. Air c ...

, and sometimes temperatures there surpassed . The article described several cases of warehouse workers miscarrying, which were attributed to management's refusal to allow pregnant workers to avoid strenuous jobs. According to the article and XPO employees, a worker died of

cardiac arrest Cardiac arrest (also known as sudden cardiac arrest CA is when the heart suddenly and unexpectedly stops beating. When the heart stops beating, blood cannot properly Circulatory system, circulate around the body and the blood flow to the ...

on the warehouse floor in 2017 and employees said they were told by managers to continue working. A spokesperson for XPO called the allegations in the article "unsubstantiated, filled with inaccuracies", and claimed they were "fueled by the

Teamsters The International Brotherhood of Teamsters (IBT) is a trade union, labor union in the United States and Canada. Formed in 1903 by the merger of the Team Drivers International Union and the Teamsters National Union, the union now represents a di ...

". In October 2021, XPO agreed to pay $30 million to 784 drivers who said the company paid them less than

minimum wage A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. List of countries by minimum wage, Most countries had introduced minimum wage legislation b ...

References

External links

* {{Authority control 2012 initial public offerings Companies based in Greenwich, Connecticut Companies listed on the New York Stock Exchange Companies in the S&P 400 Greenwich, Connecticut Logistics companies of the United States Transport companies established in 1989 Transportation companies based in Connecticut Trucking companies of the United States Logistics companies Trucking industry in the United States Economy of the Eastern United States Multinational companies headquartered in the United States