Malcolm Wilson to head up XPO spin-off logistics company


 

XPO Logistics’ plan to split its company into two separate entities moved one step closer this week with the unveiling of the executive board of the contracts logistics business. XPO is set to create two separate companies – a global contract logistics firm and a company providing less-than-truckload (LTL) and truck brokerage transportation services. The two businesses, currently dubbed NewCo and XPORemainCo are scheduled to be separately listed on the New York Stock Exchange later this year. Malcolm Wilson, currently […]