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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. [9] [11] [12] In June 2012, XPO listed its shares on the New York Stock Exchange. [13]
In 2011, Jacobs invested approximately $150 million in XPO (then named Express-1 Expedited Solutions), a transportation and third-party logistics provider. [23] [25] He became chairman of the board [26] [5] and CEO [27] [28] and gained ownership of approximately 71 percent of the company. [29]
Website. www.xpo.com. Menlo Logistics was a global supply chain company operating in 20 countries on five continents. Its core business offerings included third-party logistics and supply chain management, and the company specialized in the integration of all functions across the supply chain. The company operated 210 locations worldwide and ...
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A portion of a "double stack" container train operated by Union Pacific Railroad, the containers are owned by Pacer Stacktrain, the well cars by DTTX. Pacer International, also known as Pacer Stacktrain, is the former name of a major North American provider of intermodal services, was owned by XPO, Inc. (NYSE: XPO) which later sold it in 2022 ...
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In December 2020, XPO, Inc. announced that it would spin off its global contract logistics segment into a separate company. [10] In March 2021, XPO announced the new name of the firm as GXO Logistics Inc. [11] The spin-off was completed on August 2, 2021, [3] with American businessman Brad Jacobs named as Non-Executive Chairman, Malcolm Wilson as CEO; formerly the CEO of XPO, Inc. European ...
The Standard Carrier Alpha Code (SCAC) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long. The National Motor Freight Traffic Association developed the SCAC code in the 1960s to help road transport companies computerize data and records. [1]
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