GREENWICH, Conn., June 07, 2022 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, today announced that Yoav Amiel has been appointed chief information officer for the planned spin-off of the company’s asset-light brokered transportation platform. Amiel currently leads the technology organization for XPO’s North American transportation division led by Drew Wilkerson, who, as previously announced, will be chief executive officer of the spin-off company.
Amiel is a high-impact technology leader with 25 years of experience, including senior positions with world-class digital marketplaces. He joined XPO in 2018 as vice president, technology and has been instrumental in driving rapid industry adoption of the XPO Connect digital brokerage platform. In 2021, his responsibilities were expanded to include strategic leadership as senior vice president, technology. Prior to XPO, Amiel served as director of product at Amazon; and as head of product – machine-learned maps with both Uber and Microsoft, among other leadership roles. He holds a bachelor of science degree in computer science and a master’s degree in business administration from Tel Aviv University in Israel.
Wilkerson said, “I’ve seen firsthand how Yoav’s expertise in transforming traditional transportation processes enhances the outperformance of our truck brokerage business, while delivering significant benefits to customers. His expertise will be an even stronger asset to the standalone company with a pure-play brokerage model.”
As previously announced, XPO intends to spin off its asset-light brokered transportation platform from its asset-based less-than-truckload business, creating two separate, publicly traded companies with vast growth prospects in North America. XPO’s best-in-class truck brokerage service will be the largest component of the spin-off, with complementary brokered services for managed transportation, last mile logistics and global forwarding. On June 2, 2022, XPO announced that it had filed a confidential Form 10 registration statement with the US Securities and Exchange Commission for the spin-off, which the company continues to expect to complete in the fourth quarter of 2022.
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a leading provider of freight transportation services, primarily less-than-truckload (LTL) and truck brokerage. XPO uses its proprietary technology, including the cutting-edge XPO Connect® automated freight marketplace, to move goods efficiently through supply chains. The company’s global network serves 50,000 shippers with approximately 731 locations and 42,000 employees, and is headquartered in Greenwich, Conn., USA. Visit xpo.com and europe.xpo.com for more information, and connect with XPO on Facebook, Twitter, LinkedIn, Instagram and YouTube.
