XPO, Inc.

2011–2021

The company was initially called Express-1 Expedited Solutions and listed on American Stock Exchange under the ticker symbol XPO. It was acquired by Brad Jacobs and renamed to XPO Logistics in September 2011.[6][12][13] In June 2012, XPO listed its shares on the New York Stock Exchange.[14]

XPO has acquired a number of logistics businesses in North America and overseas.[15] 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.[16][17] In 2016, XPO sold its truckload division (acquired from Con-Way) to TransForce for $558 million in cash.[18]

In June 2016, XPO was included in the Fortune 500 list of the largest US corporations based on revenue.[19]

Beginning in 2021, XPO Logistics broke into three separate publicly traded companies, making XPO solely a less-than-truckload (LTL) provider.[20]

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.[21] GXO stands for "game-changing opportunities".[22] Patrick Kelleher is the CEO of the company.[23]

RXO

XPO spun off its brokerage and other services—managed transportation, global forwarding and last-mile logistics—to a separate company named RXO, Inc. in November 2022.[24][25][26] RXO is headquartered in Charlotte, North Carolina.[27] Drew Wilkerson is CEO of the company.[28]

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.[24] In August 2022, Brad Jacobs 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.[21] In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million.[29][30] In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors.[31] In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL.[32] 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.[33][34] The acquisition was finalized in January 2024.[35]

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.[36] 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.[37]

In December 2025, XPO announced that Brad Jacobs would step down as executive chairman at the end of the year. Mario Harik was appointed chairman of the board while continuing to serve as CEO.[38][39]

North America

XPO is the second largest provider of less-than-truckload services in North America.[40][41] LTL is a freight model which involves shipping smaller quantities of goods for multiple customers at a time.[42] In 2022, XPO's CEO stated that the company operates in 99% of U.S. zip codes. As of, XPO also produced new and re-manufactured trailers at a factory in Searcy, Arkansas.[43][44]

Europe

XPO provides dedicated truckload, LTL, truck brokerage, managed transportation, last mile and freight forwarding in Europe.[45] The company also manages multimodal solutions, such as road-rail and road-short sea combinations.[46] 1,000 new drivers were hired in the U.K. and Ireland in 2022.[47][48]