XPO Logistics

#1991

Rank

$7.03B

MarketCap US

US United States

Country

Summary
XPO Logistics, Inc. provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services. This segment also offers cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. The Brokerage and Other Services segment offers last mile logistics for heavy goods sold through e-commerce, omnichannel retail, and direct-to-consumer channels, as well as other non-core brokered freight transportation modes. It provides its services to customers in various industries, such as industrial and manufacturing, retail and e-commerce, food and beverage, logistics and transportation, and consumer goods. The company was incorporated in 2000 and is based in Greenwich, Connecticut.

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 US$3.56 billion, including acquired debt.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 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.As of March 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 app called XPO Moves the Tour to simulate how drivers and proprietary logistics technology support the Tour de France.


Mission
People, technology, assets and expertise that work together around the globe to help our customers succeed.

Vision
XPO Logistics envisions a new supply chain experience inspired by the transformation of our people, driven by technology, and enabled by our global capabilities.

Key Team

Mr. Carl D. Anderson II (Chief Financial Officer)

Mr. Christopher Brown (Chief Accounting Officer)

Mr. Jay Silberkleit (Chief Information Officer)

Mr. Tavio T. Headley (Chief Investor Relations Officer)

Christopher J. Signorello (Deputy Gen. Counsel)

Mr. Anthony Hoereth (Sr. VP,of Sales)

Ms. Josephine Berisha (Chief HR Officer)


Recognition and Awards
XPO Logistics won 3 awards in 2022 and 4 awards in 2021. In 2022, XPO Logistics won for Best Leadership Teams 2022, Best HR Team 2022 and Best Places to Work in Atlanta 2022. In 2021, XPO Logistics won for Best CEO 2021, Best Leadership Teams 2021, Best CEOs for Diversity 2021 and Best CEOs for Women 2021. Based on 57,732 ratings and 2,019 participants, employees at XPO Logistics are very satisfied with their work experience. The overall culture score, 76/100 or A-, incorporates employee ratings based on their feedback on the Overall Culture, Leadership, CEO Rating and more.

References
XPO Logistics
Leadership team

Mr. Bradley S. Jacobs (Exec. Chairman)

Mr. Mario A. Harik (CEO & Director)

Mr. Troy A. Cooper (Consultant)

Products/ Services
Logistics, Shipping Broker
Number of Employees
20,000 - 50,000
Headquarters
Greenwich, Connecticut, United States
Established
1989
Company Registration
SEC CIK number: 0001166003
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
XPO
Social Media
Fri Mar 01 2024
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