News / XPO Logistics gears up for a divided future on record results for Q2

XPO Logistics chief Brad Jacobs was on Wall Street  yesterday to ring the bell signalling daily trading at the New York Stock Exchange, chosen for the ceremonial act as it signals the start of trading in GXO, XPO’s spun-off contract logistics company.

This marks the final separation of XPO’s transport and contract logistics activities. While GXO comprises the XPO warehousing and contract logistics businesses, the transport management and trucking side continues under the XPO banner.

Mr Jacobs came to New York buoyed ...