Transport Topics (March 28, 2022) - Transport Topics

What this episode covers

XPO Logistics 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. Last year, XPO’s intermodal division generated $1.2 billion in revenue as it provided rail brokerage and drayage services at 48 locations with an estimated 700 employees. Those employees are expected to join STG Logistics as part of the sale. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on March 28, 2022.

What is this episode about?

XPO Logistics 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. Last year, XPO’s...

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