XPO Logistics Sells Intermodal Business to STG Logistics

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XPO Logistics (XPO) Sells Intermodal Business to STG Logistics for $710 Million

March 25, 2022 7:03 AM EDT

XPO Logistics, Inc. (NYSE: XPO) today announced that it has divested its North American intermodal business to STG Logistics, Inc. for cash proceeds of approximately $710 million, subject to a customary post-closing purchase price... More