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XPO Logistics Plans to Split Into Two Companies

XPO Logistics Inc. has announced a plan to split itself into two companies - one focused on its trucking and brokerage businesses, the other on its logistics operations - in a move that the company believes will strengthen both platforms. To help this shift, the company’s logistics side has been investing in advanced automation and intelligent machines, including robots, automated sorting systems, automated guided vehicles and goods-to-person systems. On the LTL side, XPO has been investing in intelligent route-building, which can reduce empty miles, improve load factor and mitigate cargo damage, growing a third quarter net revenue gain of 17% compared to this time last year. Read more

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