GXO

XPO Logistics Inc (NYSE: XPO) said on Tuesday it plans to split its key North American business units into two publicly traded units and aims to divest its European business and North American intermodal operation, a move that it says will unlock value for investors. What Happened: ...

XPO Logistics (NYSE: XPO) announced Wednesday updated financial goalposts following the planned spinoff of its logistics unit, which it now expects to complete during the third quarter. The company increased its outlook for adjusted earnings before interest, taxes, depreciation and amortization (...