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The Greenwich firm intends to structure the spinoff as a transaction that is tax-free to XPO shareholders and would result in XPO shareholders owning stock in both companies.
Distribution center jobs – the largest portion of the recruitment program – represent approximately 8,000 positions across the U.S.
Company founder and CEO Tom Fiorita works with Target and Walmart, but will not work with Amazon.
This is Saia's second new Northeast terminal, following the opening of a Massachusetts location in March.
Crown World Mobility is a division of the Crown Worldwide Group, a Hong Kong-headquartered transportation, relocation services, logistics and storage services provider.