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. In June 2012, XPO listed its shares on the New York Stock Exchange. XPO has acquired a number of logistics businesses in North America and overseas. 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. In 2016, XPO sold its truckload division (acquired from Con-Way) to
TransForce for $558 million in cash. In June 2016, XPO was included in the
Fortune 500 list of the largest US corporations based on revenue. Beginning in 2021, XPO Logistics broke into three separate publicly traded companies, making XPO solely a
less-than-truckload (LTL) provider.
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. Patrick Kelleher is the CEO of the company.
RXO XPO spun off its brokerage and other servicesmanaged transportation, global forwarding and last-mile logisticsto a separate company named RXO, Inc. in November 2022. RXO is headquartered in
Charlotte, North Carolina. Drew Wilkerson is CEO of the company.
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. In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. 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. The acquisition was finalized in January 2024. 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. 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. 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. == Operations ==