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XPO’s Latest Move Signals Firm Focus on Trucking

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

XPO Logistics plans to spin off its freight brokerage arm and divest its intermodal and European businesses as it refines its focus on trucking. The Greenwich, Conn.-based company said Tuesday its board approved the spinoff of its transportation brokerage services division to become its own public company, along with the possible sales of its North…

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