XPO Logistics Sells Intermodal Unit for 71B to Prioritize LTL Brokerage
XPO Logistics is selling its intermodal business to STG Logistics for $710 million. This strategic move aims to streamline operations, allowing XPO to concentrate on its core Less-Than-Truckload (LTL) and freight brokerage businesses. The sale will optimize XPO's capital structure, improve its credit rating, and ultimately facilitate its plan to spin off into two separate, publicly traded industry leaders. This transaction is expected to enhance XPO's operational efficiency and profitability, creating greater value for shareholders and paving the way for a successful strategic transformation.









