摘要: |
GREENWICH, CONN.-BASED FREIGHT TRANSPORTATION services provider XPO Logistics recently said it has established a new name for its truck brokerage and asset-light transportation units, in the latest step of its spin-off processes over the last several months. The new company will be named RXO, which XPO said will reflect its commitment to providing shippers with "reliability multiplied by outperformance." This development follows a March announcement made by XPO in which it said it plans to spin off its North American truck brokerage from its less-than-truckload (LTL) business, in order to "unlock value" for its stakeholders. This spin-off is expected to become official by the fourth quarter. |