XPO Logistics Inc. made official the relocation of its headquarters to Greenwich, with the freight logistics company previously based in Buchanan, Mich.
XPO”™s main offices are now at Five Greenwich Office Park. Former United Rentals Inc. CEO Bradley Jacobs bought a controlling stake in the company last year.
The company acts as a broker between businesses and cargo haulers, with 215 employees at last report. In the first quarter, XPO lost $2.7 million as revenue increased 7 percent to $44.6 million.
On May 8, XPO spent $3.4 million to acquire Columbia, S.C.-based Continental Freight Services Inc. Other XPO units including Express-1 Inc., Concert Group Logistics Inc. and Bounce Logistics Inc.