Type | Public |
---|---|
| |
Headquarters | Greenwich, Connecticut, U.S. |
Number of locations | 744 (2021) |
Key people | Chair: Brad Jacobs CEO: Mario Harik |
Revenue | US$12.81 billion (2021) |
US$616 million (2021) | |
US$341 million (2021) | |
Total assets | US$8.71 billion (2021) |
Footnotes /references [1] [2] [3] [4] [5] [6] |
XPO is an American transportation company that conducts less-than-truckload shipping. [7] The company's headquarters are located in Greenwich, Connecticut, U.S. [8] [9] [10]
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. [11]
In April 2015, XPO purchased European transport company Norbert Dentressangle at a cost of US$3.56 billion, including acquired debt. [12]
In June 2016, XPO was included in the Fortune 500 list of the largest U.S. corporations based on revenue. [13] [14]
In 2019, XPO was the first global logistics company to join the Massachusetts Institute of Technology (MIT) Industrial Liaison Program, a partnership organization that pairs MIT resources with corporations worldwide to solve global business challenges. [15] [16] [17] [ third-party source needed ]
The company spun off its logistics segment to a separate company named GXO Logistics in August 2021. [18] This was followed by XPO Logistics spinning off its brokerage and other services segment to a separate company named RXO Inc. in November 2022. [19] [20] [21] [22] [23] [24]
As of March 2022 [update] , XPO produces new and remanufactured trailers at a factory in Searcy, Arkansas. [25] [26]
The company has conducted logistics operations for the Evian Golf Championship and the Paris Marathon. [27] In 2019, XPO Logistics released a mobile game simulating freight operations for the Tour de France. [28]
A 2018 article by The New York Times profiled experiences of several female employees working at a Memphis warehouse operated by XPO. The warehouse is described as windowless and, lacking air-conditioning, sometimes temperatures surpass 100 °F (38 °C). According to a police report and XPO employees, a worker died of cardiac arrest on the warehouse floor in 2017 and other workers were told to continue working. There have been several cases of miscarriage in pregnant works at the warehouse, which the article attributes to management's refusal to allow pregnant workers to avoid the most strenuous jobs. XPO spokesperson Erin Kurtz stated that the claims were unsubstantiated and filled with inaccuracies. [29]
Rockwell Automation, Inc. is an American provider of industrial automation whose brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services.
Con-way, Inc. was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion, Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract logistics, managed transportation, truckload and freight brokerage. The company's services were sold through its primary operating companies of Con-way Freight, Con-way Truckload and Menlo Worldwide. These operating units provided less-than-truckload (LTL), full truckload and multimodal freight transportation, as well as logistics, warehousing and supply chain management services. Con-way, Inc. and its subsidiaries operated from more than 500 locations across North America and in 20 countries.
Medco Health Solutions, Inc. was an American Pharmacy Benefits Management (PBM) company. Medco provided pharmacy services to private and public employers, health plans, labor unions, government agencies and individuals served by Medicare Part D Prescription Drug Plans.
Consolidated Freightways (CF) was an American multinational less-than-truckload (LTL) freight service and logistics company founded on April 1, 1929, in Portland, Oregon, and later relocated to Vancouver, Washington. Affectionately known as "CornFlakes", Consolidated Freightways was also the founder of the Freightliner line of heavy trucks, now owned by Daimler-Benz. At its height, the company possessed over 350 terminals, employing more than 15,000 truck drivers, dock workers, dispatchers and management. Consolidated Freightways was once the nation's number one long-haul trucking company and the 3rd largest-ever US bankruptcy filing, ceasing business in 2002.
C.H. Robinson is an American Fortune 200 provider of multimodal transportation services and third-party logistics (3PL). For 2021, it was ranked 5th among third-party logistics providers in the United States by Gross Revenue/Turnover. The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.
Rajpura is a city in Patiala district in the Indian state of Punjab, India, situated along the border of the Indian state of Haryana. It is located 26 KM Patiala city, towards East from District Head Quarter. It is Tehsil Head Quarter. Rajpura is the largest tehsil of the district.
Grapevine Mills is a shopping mall in Grapevine, Texas, United States, in the Dallas-Fort Worth metropolitan area. Grapevine Mills currently totals over 1,781,628 square feet in size.
Pacer International, also known as Pacer Stacktrain, is the former name of a major North American provider of intermodal services, now owned by XPO Logistics. The business is an asset-light transportation logistics provider, which markets its services under the brand XPO Logistics. In Mexico, services are provided under the brand Pacer, An XPO Logistics Company.
Con-way Freight was a less-than-truckload (LTL) motor carrier headquartered in Ann Arbor utilizing a network of freight service centers to provide regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. The business unit provided day-definite delivery service to manufacturing, industrial and retail customers. Con-way Freight was the largest division of Con-way, Inc. with 16,600 employees, more than 365 operating locations, 16,000 dock doors and 32,750 tractors and trailers. The company was founded by Consolidated Freightways (CF) of Portland, Oregon as a non union spinoff, for less than truckload hauling. In 2009 Con-way Freight reported revenues of over $2.6 billion. Con-way Inc., including Con-way Freight and sibling company Con-way Truckload, was acquired by XPO Logistics, a primarily non-asset logistics company from Greenwich, Connecticut, in a deal worth $3.5 billion.
Livingston International is a North American provider of customs brokerage services. Livingston International provides customs brokerage, trade consulting and international freight forwarding services to importers and exporters throughout North America and around the globe. Headquartered in Toronto, Ontario, Canada, with U.S. headquarters in Chicago, Livingston has over 3,300 employees located at more than 125 border points, seaports, airports and other locations across in North America, Europe and Asia. Livingston is currently Canada's largest customs broker and third-largest in the United States.
Third-party logistics in logistics and supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.
CI Direct Trading, a division of CI Investment Services Inc., is an online brokerage firm that provides an electronic trading platform to trade financial assets. The company is headquartered in Toronto, Canada and provides trade execution services for various financial instruments such as stocks, bonds, options, exchange-traded fund (ETF) and mutual funds.
Allcargo Logistics Limited (ALL) is a Mumbai-based Indian logistics company. It is known to offer multi-modal integrated logistics and transportation services worldwide.
Johnny Clayton Taylor Jr. is an American lawyer, author, board member and public speaker who is the president and Chief Executive Officer of the Society for Human Resource Management (SHRM). He was previously president and CEO of the Thurgood Marshall College Fund (TMCF), which represents the 47 publicly-supported historically Black colleges and universities in the United States. In February 2018, President Donald Trump appointed Taylor Chair of the President's Advisory Board on Historically Black Colleges and Universities. He is Vice Chair of the University of Miami, and Trustee of Jobs for America’s Graduates. Taylor currently sits on the corporate boards of Guild Education, Internet Collaborative Information Management Systems (ICIMS), and XPO Logistics.
Total Quality Logistics (TQL) is a freight brokerage and third-party logistics firm in North America. TQL provides domestic and international freight transportation and logistics services. It was founded in 1997 by Ken Oaks in Cincinnati, Ohio, and is headquartered in Union Township, Clermont County, Ohio. As of 2021, TQL is the largest private company in greater Cincinnati according to the Cincinnati Enquirer and American City Business Journals.
PLS Logistics Service (PLS), founded in 1991, is one of the country’s leading third-party logistics providers in the metal, lumber, and building industries. Headquartered in Cranberry Township, Pennsylvania, a suburb of Pittsburgh, PLS Logistics Services provides freight transportation, logistics, and technology services for businesses. PLS serves a variety of companies, including suppliers, producers, wholesalers, service centers, and end-users.
Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Fortive was spun off from Danaher in July 2016. Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. In 2016, Fortive controlled over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation, and franchise distribution. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies along with other major tech companies like Apple, Amazon, and Microsoft. 2020 also marked the third year in a row Fortive has been named to the Fortune 500.
The freight technology sector, also known as FreightTech, refers to software companies and technologies which assist in supply chain management and the movement of freight. In the five years following 2014, investment in FreightTech companies grew from $118 million to $3 billion per year.
GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S.
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