XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul
XPO Logistics plans to spin off its Less-Than-Truckload (LTL) and North American truck brokerage businesses into two separate publicly traded companies, and divest its European and North American intermodal operations. This strategic restructuring aims to unlock value, improve operational efficiency, and create more focused and competitive industry leaders, ultimately generating greater returns for customers, employees, and shareholders. The strategic adjustments, expected to be completed in the fourth quarter of this year, will reshape XPO's business landscape.
