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Beginning on or about July 22, and expected to continue up to Aug. 2, there will be two markets in XPO common stock on the NYSE: a “regular-way” market and an “ex-distribution” market.
Walmart took the top spot for the ninth consecutive year.
The company refuted the union's claims regarding executive compensation.
The union also urged investors support its call for an independent board chairman.
The nine-month program is being conducted in Oakland.
The new facility is expected to create 500 jobs.
If approved, GXO Logistics Inc. will be the second-largest contract logistics provider in the world.
Malcolm Wilson, currently chief executive officer of XPO Logistics Europe, will become CEO of the spinoff’s global business.
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.
"It's important that our employees have a sense of belonging," said Jacobs.
Earlier in her career, she was senior human resources manager at Delta Airlines.