XPO Logistics completes GXO spin-off
XPO LOGISTICS has completed the spin-off of GXO Logistics creating two independent, publicly traded companies.
XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world. XPO shares will continue to trade on the New York Stock Exchange under the symbol XPO and, effective today, GXO will begin ‘regular way’ trading on the NYSE under the symbol GXO.
The separation was completed through a distribution to XPO stockholders of one share of GXO common stock for every one share of XPO common stock held as of the close of business on the record date for the distribution, July 23, 2021.
For more information visit www.gxo.com
