What are the benefits of working at XPO Logistics?

What are the benefits of working at XPO Logistics?

With XPO, you'll receive competitive pay and benefits from day one, including comprehensive medical, dental, vision, life and disability coverage, as well as pregnancy care and 401(k) company match. We also offer sign-on, retention and referral bonuses—and reward team members who excel.

Is XPO going to split?

The company will spin off its operations that connect loads from shipping customers to trucks, leaving XPO focused on the so-called less-than-truckload business of smaller shipments, according to a statement Tuesday. XPO said it also plans to divest its European business and North American intermodal operations.08-Mar-2022

What does XPO Logistics stand for?

In September 2011, American businessman Brad Jacobs acquired Express-1 Expedited Solutions, Inc. and became its chairman and CEO. The company changed its name to XPO Logistics – a reference to Express-1's AMEX ticker symbol, "XPO" – and began acquiring other companies in the transportation and logistics sector.

What is XPO new name?

RXO

How does PTO work at XPO Logistics?

XPO Logistics' PTO and Vacation policy typically gives 20-30 days off a year. Paid Time Off is XPO Logistics' 2nd most important benefit besides Healthcare when ranked by employees, with 29% of employees saying it is the most important benefit.

Is XPO Logistics a union?

The Teamsters union currently represents several groups of XPO freight drivers on the East Coast, whom the company classifies as employees.19-Jan-2022

Is XPO being bought out?

XPO's intermodal business generated $1.2 billion of revenue in 2021. XPO Logistics Inc. has sold its North American intermodal business to STG Logistics Inc.25-Mar-2022

Is XPO Logistics getting bought out?

First step in creating a pure-play LTL completed XPO Logistics announced Friday the divestiture of its intermodal unit to STG Logistics for $710 million in cash.25-Mar-2022

Is XPO being sold?

[Stay on top of transportation news: Get TTNews in your inbox.] XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million. In 2021, Greenwich, Conn.25-Mar-2022

Does Amazon use XPO Logistics?

FBA accounts for more than half of Amazon's sales. As it happens, Amazon is a user of XPO Direct, presumably for heavier consignments. XPO does not handle parcels, which still accounts for the vast majority of Amazon's traffic. Executives move between companies all the time.20-Feb-2019

Which is the biggest logistics company in the world?

UPS

Who is XPO largest customer?

XPO is the third largest LTL carrier in the U.S. by revenue. Customers include Caterpillar and Tractor Supply. XPO's North American LTL business reported more than $4.1 billion in revenue in 2021, with 16% growth year over year.08-Mar-2022

Did XPO become GXO?

GXO is the former global logistics segment of XPO Logistics (NYSE: XPO) and successfully spun off today as the world's largest pure-play contract logistics provider. “This is an exciting milestone in GXO's history.02-Aug-2021

Who bought out XPO?

STG Logistics

Are GXO and XPO the same company?

XPO Logistics, a leading global provider of transport and logistics solutions, today announced the identity of the new company that has been created in connection with the planned spin-off of XPO's logistics business. The company is named GXO Logistics, Inc.19-Mar-2021

Does xpo pay out PTO?

These paid sick days are in addition to our standard paid time off (PTO) policy, which is provided to employees to use when they're ill, taking a vacation or need to be away from work.

Does XPO Logistics work on holidays?

LTL operations will be closed on the following holidays.Navigate Help Center.

What is the name of the union for truck drivers?

The Teamsters are America's largest, most diverse union. In 1903, the Teamsters started as a merger of the two leading team driver associations.

How much does XPO pay Owner Operators?

The estimated total pay for a Owner Operator at XPO Logistics is $324,932 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $198,774 per year.19-Jun-2022

Why does XPO spin off?

In early April, when XPO first rolled out its plans to spin off its North American truck brokerage from its less-than-truckload business, as well as its related asset-light businesses, XPO said that the objective of this spin-off is to “unlock value” for its stakeholders.02-Jun-2022

Why did XPO spin off GXO?

The spinoff will allow management to implement an optimal capital structure, and establish an investment identity and allocation strategy, the company has said. “We have such a great secular and high-growth business that benefits from all tailwinds of e-commerce, automation and outsourcing,” Oran said.02-Aug-2021

What are the benefits of working at XPO Logistics?