The first-quarter (Q1 22) numbers released by XPO Logistics on Monday, followed by the words of management in a call with analysts on Tuesday, arguably testify to the most beautiful, unfolding corporate story in transport and logistics (T&L) from what was once a much bigger trucking/contract logistics conglomerate built via M&A.


It is on the verge of being rationalised – or further optimised – through another spin-off round, with the aim of realising value from the XPO parts. This is ...

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