We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » XPO says planned spin-off will be called RXO

XPO says planned spin-off will be called RXO

3PL takes next step in plans to separate its brokered transportation business from its LTL business, creating a standalone tech-enabled platform for truck brokerage services in North America.

Screen Shot 2022-07-12 at 8.30.51 AM.png
July 12, 2022
Supply Chain Quarterly Staff
No Comments

Third-party logistics giant XPO Logistics said today that RXO will be the name of the previously announced spin-off of its tech-enabled brokerage platform, bringing the company a step closer to creating the standalone entity.

XPO announced plans to separate its North American brokered transportation service from its less-than-truckload (LTL) business in March, creating a new platform for truck brokerage services in North America. The spin-off includes a digital freight marketplace and access to truckload capacity, with asset-light offerings for last-mile logistics, managed transportation, and global forwarding. The remaining company will be a “pure play” North American LTL business, the company said.

XPO leaders said the RXO name reflects its commitment to providing “reliability multiplied by outperformance.” RXO will go to market with the tagline: “Massive capacity. Cutting-edge technology.”

“Our spin-off now has a name—RXO—bringing it one step closer to becoming a standalone industry leader,” Brad Jacobs, XPO’s chairman and CEO, said in a press release Tuesday. “Our best-in-class truck brokerage business will be the keystone of RXO’s asset-light platform, poised to continue to take share of a growing market.”

XPO said it expects to complete the spin-off in the fourth quarter.



Logistics Services Third-Party Logistics Trucking
KEYWORDS XPO XPO Logistics
    • Related Articles

      XPO to spin off brokered transportation service from its LTL business

      U.S. shoppers will shrug off economic uncertainty, CBRE forecasts

      Strong consumer spending staves off recession warnings, U.S. Bank says

    Recent Articles by Supply Chain Quarterly Staff

    Funding to build EV charging infrastructure will shift from federal to states, report says

    Container volumes at Port Houston dipped in August compared to record levels of 2022

    Trimble says real-time route optimization tool beats static batch planning

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • CPKC and CSX buy rail assets from Genesee & Wyoming

    • California bill would require large corporations to disclose their greenhouse gas emissions

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing