"We have the largest outsourced e-comm fulfillment platform in all of Europe, we're very big in omnichannel, we're huge in reverse logistics, and we have a big presence in cold chain," Jacobs said. "So, all of the hottest parts of supply chain powered by this e-comm boom, we're right in the middle of that."its logistics and transportation businesses from one another, reported bringing in $1.58 billion in its logistics business in its most recent quarter.
XPO Logistics, which Wall Street values to be worth $10.1 billion, plans to spin off its warehousing and logistics business into a separate publicly traded company. The new company, which has about 200 million square feet of warehousing capacity, will focus on e-commerce fulfillment. The split is expected to come in the second half of 2021.
The company's goal is to simplify the business and make it more attractive on the market to investors, in comparison to competitors such as DHL, Old Dominion and DSV.