Industry Update: Air Freight & Logistics

Industry Highlights

  • On March 25, 2022, XPO Logistics Inc. announced that it 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. In 2021 XPO’s intermodal division generated $1.2 billion in revenue as it provided rail brokerage and drayage services across 48 locations.

Past Industry Updates

Air Freight & Logistics: February 2022

Air Freight & Logistics: October 2021

Air Freight & Logistics: July 2021

Air Freight & Logistics: May 2021

Air Freight & Logistics: January 2021

Air Freight & Logistics: October 2020

Air Freight & Logistics: July 2020

Air Freight & Logistics: May 2020

Air Freight & Logistics: December 2019

Air Freight & Logistics: October 2019

 

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