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XPO intends to spin off its logistics segment in the third quarter of 2021 as GXO Logistics, creating two, pure-play industry powerhouses. The separation would create independent public companies with distinct investment identities and service offerings in vast addressable markets. GXO would be the second largest contract logistics company in the world, and XPO would be a leading provider of transportation services, primarily less-than-truckload transportation and truck brokerage.
Leonard's Express is a Farmington, NY-based company in the Transportation and Storage sector.
Garlepied Services is a Destrehan, LA-based company in the Transportation and Storage sector.
Salson Logistics is a Fairview, NJ-based company in the Transportation and Storage sector.
Truck Paper is a Lincoln, NE-based company in the Transportation and Storage sector.