Over 20 Years of Expedited Shipping Excellence
XPO Logistics, Inc. was founded in 1989 under the name Express-1 and quickly built a reputation as a high-quality, third-party logistics service provider in the transportation industry. Express-1 was acquired by Segmentz, Inc. in 2004; two years later, the company changed its name to Express-1 Expedited Solutions, Inc. and began trading its stock under the symbol XPO.
In 2011, Express-1 Expedited Solutions was renamed XPO Logistics following an equity investment led by Jacobs Private Equity LLC. Bradley S. Jacobs serves as XPO's chairman of the board and chief executive officer.
Express-1, Inc. continues to be the primary business unit in XPO's suite of logistics services, which now also includes Concert Group Logistics, Inc. (domestic and international freight forwarding) and Bounce Logistics, Inc. (premium truckload brokerage). Express-1 is ISO 9002-certified and is the fifth largest U.S. expedited freight service provider, according to The Journal of Commerce.
Today, the Express-1 team operates with the same goals that have been instrumental to the company's success for more than 20 years. As defined in the Express-1 Quality Statement, they are:
Providing value through superior performance, innovative solutions and outstanding people.