Financial performance
XPO Logistics’ total operating expenses for 2020 amounted to a little under 12.2 billion U.S. dollars, while the company was able to generate a total revenue of around 12.8 billion U.S. dollars for that same year. The company also possesses assets that include an array of warehouses, rail containers, tractors, trailers, and cross-dock facilities for transferring freight between rail and road. In 2021, the company held total assets amounting to nearly 8.7 billion U.S. dollars.Business segments
Operating as a third-party provider of end-to-end goods management, XPO Logistics provides local, national, and global supply chain solutions. The company’s operations include: contract logistics, freight brokerage, less-than-truckload transport, full truckload transport, last mile logistics, drayage, intermodal transport, expedited ground- and air shipping, and global freight forwarding. In 2021, the company recorded revenue of over four billion U.S. dollars from its less-than-truckload segment in North America alone.Main competitors
The company’s main competitors among domestic third-party logistics providers in the United States include C. H. Robinson, UPS Supply Chain Solutions, Expeditors International and J.B. Hunt. In 2020, the company emerged as the third-leading less-than-truckload carrier in North America, behind FedEx Freight and Old Dominion.
