XPO

IRS: 030450326
XPO
XPO

Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, we estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. XPO's LTL segment EBITDA mix is much higher than 60%. The firm intends to divest its European trucking division in the year ahead.

Founded
2000 (23 years)
Investor RelationsSEC
Revenue
8 billion (2022)

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