In September 2011, businessman Bradley Jacobs acquired Express-1 Expedited Solutions. He renamed the company XPO Logistics.
XPO Logistics is an American multinational transportation and contract logistics company that manages supply chains for 50,000 customers, including 69 of the Fortune 100.
XPO has acquired 17 shipping companies between 2012 and 2015. The company performs freight brokerage, last-mile trucking, less than a truckload shipping, and global freight.
The company spends more than $500 million on software improvements and upgrades. It retains more than 100 data scientists working on automation processes and AI.
In October 2019, the company was the first logistics operation to join MIT’s Industrial Liaison Program, a partnership organization that pairs MIT resources with corporations worldwide to solve global business challenges.
In June 2020, General Motors recognized XPO Logistics as the Supplier of the Year for Managed Transportation.
XPO Logistics maintains a corporate office in Greenwich, Connecticut, and employs more than 100,000 persons.