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, as well as global freight forwarding.
In 2018, the company recorded revenue of over 3.8 billion U.S. dollars from its less-than-truckload segment in North America alone. The company also possesses assets that include an array of warehouses, rail containers, tractors, trailers, and cross-dock facilities to transfer freight between rail and road. In 2018, the company held total assets amounting to the tune of around 12.3 billion U.S. dollars.
The company’s main competitors among domestic third-party logistics providers in the U.S. include C. H. Robinson, UPS Supply Chain Solutions, Expeditors International and J.B. Hunt. In 2017, the company emerged as the second leading less-than-truckload carrier in North America, behind FedEx Freight.
The North American market for third-party logistics is the second largest in the world behind the APAC region. In the United States, the gross revenue generated by third-party logistics providers for 2017 added up to a value of around 172.5 billion U.S. dollars.