XPO Logistics will now focus just on trucking, as it spins off and sells other businesses - CNBC


3/8/2022 12:00:00 AM3 years 1 month ago
by Frank Holland

The pricing of shares and how many shares of the new LTL company current XPO shareholders will receive is still being decided.

XPO Logistics announced after the closing bell Tuesday it will become solely a trucking company, spinning off its high-tech truck brokerage business into a separate publicly traded firm. "This is on… [+3071 chars]

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