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XPO (FRA:UX2A) Other Liabilities for Insurance Companies


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What is XPO Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


XPO Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (FRA:UX2A) » Definitions » Other Liabilities for Insurance Companies
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Address
Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. We estimate LTL shipping makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.