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XPO hires adviser to organize sale process for its freight-forwarding unit, although no final sale decision has been made yet; unit could be valued at US$400M to US$600M, according to Bloomberg

XPO plans to add 46 jobs via an evening-shift production line at its Searcy, Arkansas facility, including welders starting at US$18.50/hour and technicians for US$16.50/hour; company aims to double production of truck trailers for its LTL business

XPO Logistics Q1 2022 Earnings Call - Transcript

XPO Logistics appoints president of North American Transportation Drew Wilkerson as CEO of company’s planned spin-off of its tech-enabled brokered services platform, which is expected to complete in Q4; Wilkerson brings 14 years of leadership experience

XPO Logistics reports Q1 net income rises 313.6% year-over-year to a record US$488M from US$118M; revenue rises 16.1% to a record of US$3.47B from US$2.99B, with North American LTL segment revenue up to US$1.11B from US$962M, driven by yield increases

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