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XPO Logistics announces GXO as name of logistics spin-off

Following a December 2020 announcement, in which it rolled out its plan to seek a spin-off of its logistics group as a standalone publicly traded company split it into two separate publicly-traded companies on the New York Stock Exchange—with one focused on global contract logistics and the other focused on less-than-truckload (LTL) and truck brokerage transportation services—Greenwich, Conn.-based XPO Logistics, a provider of global freight transportation and logistics services, said today it has officially re-named its logistics group as GXO Logistics.
Source: logistics Mgmt

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