XPO Logistics’ new technology-enabled brokerage platform that is set to begin operations in the fourth quarter will be called RXO, Greenwich, Conn.-based XPO announced July 12. In March, XPO announced it planned to spin off its brokerage platform into its own separate, publicly traded division. Drew Wilkerson, President of XPO’s North American Transportation division, has been tapped to be CEO of the new company, which will be headquartered in Charlotte, N.C.

Learn more about your ad choices. Visit podcastchoices.com/adchoices