0001104659-20-050077.txt : 20200423 0001104659-20-050077.hdr.sgml : 20200423 20200423092255 ACCESSION NUMBER: 0001104659-20-050077 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20200423 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20200423 DATE AS OF CHANGE: 20200423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: XPO Logistics, Inc. CENTRAL INDEX KEY: 0001166003 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] IRS NUMBER: 030450326 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32172 FILM NUMBER: 20809524 BUSINESS ADDRESS: STREET 1: FIVE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 BUSINESS PHONE: (855) 976-6951 MAIL ADDRESS: STREET 1: FIVE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 FORMER COMPANY: FORMER CONFORMED NAME: EXPRESS-1 EXPEDITED SOLUTIONS INC DATE OF NAME CHANGE: 20060606 FORMER COMPANY: FORMER CONFORMED NAME: SEGMENTZ INC DATE OF NAME CHANGE: 20020125 8-K 1 tm2016461-3_8k.htm FORM 8-K
0001166003 false 0001166003 2020-04-22 2020-04-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 23, 2020

 

XPO LOGISTICS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware    001-32172    03-0450326
(State or other jurisdiction of
incorporation) 		   (Commission File Number)    (IRS Employer
Identification No.)

 

 

Five American Lane,
Greenwich, CT 		06831
(Address of principal
executive offices)		 (Zip Code)

 

Registrant’s telephone number, including area code: (855) 976-6951

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.001 per share   XPO   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

  

 

 

 

 

 

Item 2.02.Results of Operations and Financial Condition.

 

The information set forth in Item 7.01 of this Current Report under the captions “Estimated First Quarter Results” and “Liquidity” is hereby incorporated by reference into this Item 2.02.

 

Item 7.01.Regulation FD Disclosure.

 

Effects of COVID-19

 

In December 2019, the 2019 novel coronavirus surfaced in Wuhan, China. In March 2020, the World Health Organization declared the outbreak of the coronavirus disease (COVID-19) caused by the novel coronavirus as a pandemic, which continues to spread throughout the United States and around the world. In response to the COVID-19 pandemic, the governments of many countries, states, cities and other geographic regions have taken and are continuing to take preventative or reactive actions, such as imposing restrictions on travel and business operations and advising or requiring individuals to limit or forego their time outside of their homes.

 

The COVID-19 pandemic and associated impacts on economic activity had a limited adverse effect on the Company’s results of operations and financial condition for the three months ended March 31, 2020. From a demand standpoint, the last half of March saw demand decline sharply, most notably in European transportation, as large sectors of the economy began to shut down, which has continued into mid-April. The Company expects that its results of operations and financial condition will be more significantly impacted in the second quarter of 2020 and in subsequent periods, as levels of activity in the Company’s business have historically been positively correlated to broad measures of economic activity, such as gross domestic product, and to measures of industrial production.

 

Due to the critical role we play in moving goods and equipment in the markets we serve, XPO is widely considered an “essential business,” providing supply chain solutions to crucial industries and delivering critical consumer goods. As a result, XPO has been and is continuing to operate amid state-of-emergency and shelter-in-place orders recently issued in the U.S. and globally. The substantial majority of the Company’s operating sites have remained open and operating, and the Company has continued to serve its customers while employing significant measures to protect its employees and keep them safe.

 

The Company’s operations span a diverse range of end-markets and geographies, with operations in 30 countries that touch nearly every industry. The initial effects of the pandemic have varied significantly by industry. The diversity of XPO’s customer base, mix of verticals, lines of business, and regional exposures have all helped to mitigate some of the adverse effects of the current economic slowdown caused by the COVID-19 pandemic on volumes and revenues for the period ended March 31, 2020.

 

We believe that approximately 77% of our cost basis is variable, and we have taken and will continue to take aggressive actions to adjust our expenses to reflect changes in demand for our services. These actions have included reduced use of contractors, reduced employee hours, furloughs, layoffs and required use of paid time off, consistent with local regulations. Although the Company does not expect to be able to fully offset the effects of significantly reduced volumes on its results of operations, the actions that the Company is taking combined with the variable components of XPO’s cost structure should partially mitigate the impact of the pandemic on the Company’s Adjusted EBITDA relative to the impact on revenues and volumes.

 

 

 

 

Maintaining strong liquidity has been and will continue to be a top priority for XPO amid the current economic disruption. As discussed in greater detail below, as of March 31, 2020, the Company had $1.3 billion of available liquidity, including $1.1 billion of cash and cash equivalents. In addition, in April 2020, the Company expanded its liquidity by $350 million through the addition of a bilateral term loan and letter of credit facility. The Company also expects to reduce its capital expenditures this year substantially, which it believes it can do because the majority of its previously planned 2020 capital spending was intended to support growth initiatives and many of the Company’s operations are asset-light. However, we currently expect COVID-19 to negatively impact us for the quarter ended June 30, 2020 and in future periods materially more than it impacted the quarter ended March 31, 2020.

 

XPO is using a combination of rigorous protective measures, technology and virtual communications to endeavor to keep employees safe in all 30 countries where it operates. Measures the Company has taken to date include:

 

·XPO employees worldwide are working remotely if able to do so.

 

·For employees who need to work on site, the Company follows the guidance of the World Health Organization, the U.S. Centers for Disease Control, local regulators, and XPO’s own health and safety protocols.

 

·Social distancing guidelines are in effect in all XPO workplaces.

 

·The Company has implemented consistent and ongoing cleaning of high-touch areas across its facilities world-wide, as well as deep cleaning and sanitization of any work spaces or facilities likely to have been exposed to the coronavirus.

 

·XPO has added Pandemic Paid Sick Leave to its U.S. and Canadian benefits packages, covers the cost of COVID-19 testing, continues to provide alternate work arrangements for employees when medically advisable, and guarantees up to three days of 100% pay continuation if a facility is closed temporarily for deep cleaning or sanitization.

  

 

 

 

Estimated First Quarter Results

 

While the Company’s results of operations as of and for the three months ended March 31, 2020 have not been finalized and remain subject to change, based on information available as of April 20, 2020, the Company currently estimates that, for the three months ended March 31, 2020, it will report:

 

·Total revenue of $3,855 million to $3,865 million, as compared to total revenue of $4,120 million for the three months ended March 31, 2019;

 

·Net income attributable to common shareholders of $16 million to $21 million, as compared to net income attributable to common shareholders of $43million for the three months ended March 31, 2019;

 

·Adjusted EBITDA of $330 million to $333 million, as compared to Adjusted EBITDA of $343 million for the three months ended March 31, 2019;

 

·Cash flow from operations of $170 million to $180 million, as compared to cash flow used in operations of $96 million for the three months ended March 31, 2019; and

 

·Free cash flow (defined as adjusted net cash provided by operating activities less net purchases of property and equipment) of $85 million to $95 million, as compared to free cash flow usage of $96 million for the three months ended March 31, 2019.

 

Adjusted EBITDA and free cash flow are non-GAAP financial measures. Reconciliations of the high point of the Company’s estimate of net income attributable to common shareholders to the high point of its estimate of Adjusted EBITDA and of the high point of the Company’s estimate of net cash from operations to the high point of its estimate of free cash flow are provided below.

 

Based on information available as of April 20, 2020, the Company further estimates that, as of March 31, 2020, it had cash and cash equivalents of approximately $1,127 million, short-term borrowings and current maturities of long-term debt of approximately $260 million, and long-term debt of approximately $5,766 million.

 

The information set forth above is preliminary and unaudited and reflects our estimated financial results as of and for the three months ended March 31, 2020. In preparing this information, management made a number of complex and subjective judgments and estimates about the appropriateness of certain reported amounts and disclosures. Our actual financial results for the first quarter of 2020 have not yet been finalized by management. These results are not a comprehensive statement of all financial results as of and for the three months ended March 31, 2020. We are required to consider all available information through the finalization of our financial statements and their possible impact on our financial condition and results of operations for the period, including the impact of such information on the complex judgments and estimates referred to above. As a result, subsequent information or events may lead to material differences between the information about the results of operations described herein and the results of operations described in our subsequent quarterly report. Accordingly, you should not place undue reliance on these preliminary financial results.

 

Liquidity

 

Managing our balance sheet prudently and maintaining appropriate liquidity are high priorities during this disruption. In order to best position the Company to navigate this uncertain period, we have taken a number of actions to preserve liquidity.

 

 

 

 

The Company borrowed a net of $600 million in revolving loans under its existing revolving credit facility for the three months ended March 31, 2020. In addition, in early April 2020 the Company entered into a Senior Secured Term Loan Credit Agreement (the “Bilateral Credit Agreement”) pursuant to which the Company may borrow up to $150 million in aggregate principal amount of committed secured term loans and request the issuance of up to $200 million in aggregate face amount of uncommitted secured letters of credit under an evergreen letter of credit facility.

 

As of April 20, 2020, the Company had approximately $386 million of additional borrowings available under the existing revolving credit facility (after giving effect to the anticipated cancellation of certain letters of credit thereunder that have been replaced with letters of credit under the Bilateral Credit Agreement ) and $150 million of borrowings available under the Bilateral Credit Agreement. In addition, as of April 20, 2020 the Company had approximately $214 million of letters of credit outstanding under its existing revolving credit facility and the Bilateral Credit Agreement (after giving effect to such anticipated cancellations).

 

The term loan facility established under the Bilateral Credit Agreement matures on April 2, 2021 and any term loans thereunder will bear interest at a rate equal to LIBOR or base rate plus an applicable margin of 3.00%, in the case of LIBOR loans, and 2.00%, in the case of base rate loans (with a LIBOR floor equal to 0%), with certain step-ups after 90 days.

 

In connection with its entry into the Bilateral Credit Agreement, the Company amended its existing revolving credit facility to permit it to use the “general liens basket” equal to the greater of $480 million and 30% of Consolidated EBITDA (as defined therein) to incur debt that is secured on a pari passu basis with the Company’s existing term loan facility.

 

Furthermore, to provide additional financial flexibility in light of current uncertainty in the global economy resulting from the COVID-19 pandemic, the Company may enter into additional credit facilities to bolster liquidity.

 

Forward-Looking Trends

 

Because of the expected significant impacts of COVID-19 on economic activity and the substantial uncertainty of their effects on the Company’s 2020 results, the Company is withdrawing its previously provided guidance for full-year 2020 and has not issued a new forecast of such results.

 

It remains very difficult to predict the duration and impact of COVID-19 and how the recovery will play out for our industry generally and our business in particular, due to the extreme uncertainty and unprecedented nature of the COVID-19 pandemic. We do, however, expect that COVID-19 will have significant effects on economic activity, on demand for our services and on our results of operations in 2020. Although many of XPO’s costs are variable, and the Company expects to adjust its expenses to reflect changes in demand for its services, the Company does not expect to be able to fully mitigate the effects of significantly reduced volumes on its results of operations. In addition, the Company is taking additional measures and incurring additional expense to protect the health and safety of employees, contractors and the public. The Company expects to incur restructuring and other costs as it modifies and right-sizes its operations for declines and/or surges in demand, and expects to incur incremental interest expense this year as a result of steps it has taken and will likely continue to take in order to further strengthen its liquidity. Please also see below “Risks Related to the Company’s Business—The COVID-19 pandemic could have a material adverse effect on our business operations, results of operations, cash flows and financial position.”

 

 

 

 

While we are not able at this time to estimate the impact of the COVID-19 pandemic, an extended period of global supply chain and economic disruption, as well as an extended global recession, could materially and adversely affect our business, results of operations, financial condition and liquidity.

 

Other Matters

 

As previously announced, on March 9, 2020, XPO Logistics Europe SA, a majority-owned subsidiary of the Company agreed to acquire the majority of Kuehne + Nagel’s contract logistics operations in the UK. The operations provide a range of logistics services, including inbound and outbound distribution, reverse logistics management and inventory management. The transaction is subject to customary closing conditions, including regulatory approvals.

 

On March 11, 2020, the Company terminated the employment of Kurt Rogers, its Chief Legal Officer.

 

Forward-Looking Statements

 

This current report includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate in the circumstances.

 

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in the Company’s filings with the SEC and the following: economic conditions generally; competition and pricing pressures; the Company’s ability to align its investments in capital assets, including equipment, service centers and warehouses, to its customers’ demands; the Company’s ability to successfully integrate and realize anticipated synergies, cost savings and profit improvement opportunities with respect to acquired companies; the Company’s ability to develop and implement suitable information technology systems and prevent failures in or breaches of such systems; the Company’s substantial indebtedness; the Company’s ability to raise debt and equity capital; the Company’s ability to maintain positive relationships with its network of third-party transportation providers; the Company’s ability to attract and retain qualified drivers; litigation, including litigation related to alleged misclassification of independent contractors and securities class actions; labor matters, including the Company’s ability to manage its subcontractors, and risks associated with labor disputes at the Company’s customers and efforts by labor organizations to organize its employees; risks associated with the Company’s self-insured claims; risks associated with defined benefit plans for the Company’s current and former employees; fluctuations in currency exchange rates; fluctuations in fixed and floating interest rates; fuel price and fuel surcharge changes; issues related to the Company’s intellectual property rights; governmental regulation, including trade compliance laws, as well as changes in international trade policies and tax regimes; governmental or political actions, including the United Kingdom’s exit from the European Union; the severity, magnitude, duration and after effects of the COVID-19 pandemic and government responses to the COVID-19 pandemic; and natural disasters, public health crises (including COVID-19), terrorist attacks or similar incidents. All forward-looking statements set forth in the current report are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company or its business or operations. Forward-looking statements set forth in this current report speak only as of the date hereof, and the Company does not undertake any obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.

 

 

 

 

Non-GAAP Financial Measures

 

We provide reconciliations of the non-GAAP financial measures contained in this current report to the most directly comparable measure under GAAP, which are set forth in the tables below.

 

XPO’s non-GAAP financial measures for the three months ended March 31, 2020 used in this current report include adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”) and free cash flow. We believe that these adjusted financial measures facilitate analysis of our ongoing business operations because they exclude items that may not be reflective of, or are unrelated to, XPO and its business segments’ core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying businesses. Other companies may calculate these non-GAAP financial measures differently, and therefore our measures may not be comparable to similarly titled measures of other companies. These non-GAAP financial measures should only be used as supplemental measures of our operating performance.

 

Adjusted EBITDA includes adjustments for transaction and integration costs as well as adjustments for restructuring costs. Transaction and integration adjustments are generally incremental costs that result from an actual or planned acquisition or divestiture and may include transaction costs, consulting fees, retention awards, and, in the case of acquisitions, internal salaries and wages (to the extent the individuals are assigned full-time to integration and transformation activities) and certain costs related to integrating and converging IT systems. We believe that adjusted EBITDA improves comparability from period to period by removing the impact of our capital structure (interest and financing expenses), asset base (depreciation and amortization), tax impacts and other adjustments as set out in the table below that management has determined are not reflective of core operating activities and thereby assist investors with assessing trends in our underlying businesses. Management uses this non-GAAP financial measures in making financial, operating and planning decisions and evaluating XPO’s and each business segment’s ongoing performance.

 

 

 

 

We believe that free cash flow is an important measure of our ability to repay maturing debt or fund other uses of capital that we believe will enhance stockholder value. We calculate free cash flow as adjusted net cash provided by operating activities, less payment for purchases of property and equipment plus proceeds from sale of property and equipment, with adjusted net cash provided by operating activities defined as net cash provided by operating activities plus cash collected on deferred purchase price receivables.

 

Reconciliation of Non-GAAP Measures

 

Consolidated Reconciliation of Net Income to Adjusted EBITDA

(Unaudited)

(In millions)

 

   Three Months Ended March 31, 
   2020(2)
(preliminary)		   2019   $ Variance   Change % 
Net income attributable to common shareholders  $21   $43   $(22)   (51.2)%
Distributed and undistributed net income   2    4    (2)   (50.0)%
Net income attributable to noncontrolling interests   2    5    (3)   (60.0)%
Net income   25    52    (27)   (51.9)%
Debt extinguishment loss   —    5    (5)   (100.0)%
Interest expense   72    71    1    1.4%
Income tax provision   10    19    (9)   (47.4)%
Depreciation and amortization expense   183    180    3    1.7%
Unrealized (gain) loss on foreign currency option and forward contracts   (4)   2    (6)   (300.0)%
EBITDA  $286   $329   $(43)   (13.1)%
Transaction and integration costs   44    1    43    4,300.0%
Restructuring costs   3    13    (10)   (76.9)%
Adjusted EBITDA (1)  $333   $343   $(10)   (2.9)%

 

(1) Adjusted EBITDA was prepared assuming 100% ownership of XPO Logistics Europe.

(2) Reflects the high point of the range of the preliminary estimates for the quarter ended March 31, 2020, derived from our internal records and based on the most current information available to management. Preliminary results may differ materially from actual results.

 

 

 

 

Reconciliation of Cash Flows from Operating Activities to Free Cash Flow

(Unaudited)

(In millions)

 

   Three Months Ended March 31, 
   2020(1)
(preliminary)		   2019 
Net cash provided by (used in) operating activities  $180   $(96)
Cash collected on deferred purchase price receivable   —    71 
Adjusted net cash provided by (used in) operating activities   180    (25)
Payment for purchases of property and equipment   (139)   (118)
Proceeds from sale of property and equipment   54    47 
Free Cash Flow  $95   $(96)

 

(1) Reflects the high point of the range of the preliminary estimates for the quarter ended March 31, 2020, derived from our internal records and based on the most current information available to management. Preliminary results may differ materially from actual results.

  

Risks Related to the Company’s Business

 

The COVID-19 pandemic could have a material adverse effect on our business operations, results of operations, cash flows and financial position

 

We are closely monitoring the impact of the COVID-19 pandemic on all aspects of our business and geographies, including how it will impact our customers, employees and other business partners. The COVID-19 pandemic has created significant volatility, uncertainty and economic disruption, which will adversely affect our business operations and may materially and adversely affect our results of operations, cash flows and financial position.

 

For example, customer demand for our services in many parts of our business has been materially and negatively impacted by the mandated closure of our customers’ operations or points of sale, while customer demand for our services in other parts of our business has increased significantly as consumers stockpile goods or switch to e-commerce platforms to make purchases. From a demand standpoint, the last half of March saw demand decline sharply, most notably in European transportation, as large sectors of the economy began to shut down, which has continued into mid-April. We are unable to accurately predict the impact that COVID-19 will have on our operations going forward due to uncertainties including the severity and duration of the outbreak and additional actions that may be taken by governmental authorities. However, we currently expect that our results of operations and financial condition will be more significantly adversely impacted in the second quarter of 2020 and subsequent periods than in the quarter ended March 31, 2020, as levels of activity in the Company’s business have historically been positively correlated to broad measures of economic activity, such as gross domestic product, and to measures of industrial economic activity. In addition, we have incurred additional costs to ensure we meet the needs of our customers and employees, including costs for personal protective equipment, site closures and cleaning and enhanced employee benefits such as additional paid leave and health benefits (including pandemic paid sick leave). We expect to continue to incur additional costs, which may be significant, as we continue to implement operational changes in response to the pandemic.

 

 

 

 

Further, our management is focused on mitigating the effects of COVID-19 on our business operations while protecting the health of our employees, which has required and will continue to require, a large investment of time and resources across our enterprise. In addition, we expect to reduce our capital expenditures this year substantially by delaying growth initiatives.

 

If we do not respond appropriately to the pandemic, or if customers do not perceive our response to be adequate for the United States, Europe or our other international markets, we could suffer damage to our reputation and our brands, which could adversely affect our business. Likewise, an extended period of remote work arrangements could strain our business continuity plans, introduce operational risk, including but not limited to cybersecurity risks, and impair our ability to manage our business.

 

The effect of the COVID-19 pandemic may remain prevalent for a significant period of time and may continue to adversely affect our business, results of operations and financial condition even after the COVID-19 outbreak has subsided. The extent to which the COVID-19 pandemic impacts us will depend on numerous evolving factors and future developments that we are not able to predict, including: the severity and duration of the outbreak; governmental, business and other actions (which could include limitations on our operations or mandates to provide services in a specified manner); the promotion of social distancing and the adoption of shelter-in-place orders affecting our ability to provide our services; the impact of the pandemic on economic activity; the extent and duration of the effect on consumer confidence and spending, customer demand and buying patterns; the health of and the effect on our workforce and our ability to meet staffing needs, particularly if members of our workforce are quarantined as a result of exposure; any impairment in value of our tangible or intangible assets which could be recorded as a result of a weaker economic conditions; and the potential effects on our internal controls including those over financial reporting as a result of changes in working environments such as shelter-in-place and similar orders that are applicable to our employees and business partners, among others. Further, provisions for bad debt expense may increase given the financial difficulty faced by our business partners, which could, among other things, impact our ability to borrow under our trade receivables securitization program and/or our revolving credit facility. In addition, if the pandemic continues to create disruptions or turmoil in the credit or financial markets, or impacts our credit ratings, it could adversely affect our ability to access capital on favorable terms and continue to meet our liquidity needs, all of which are highly uncertain and cannot be predicted.

 

There are no comparable recent events that provide guidance as to the effect the spread of COVID-19 as a global pandemic may have, and, as a result, the ultimate impact of the outbreak is highly uncertain and subject to change. We do not yet know the full extent of the impacts on our business, our customers, our operations or the global economy as a whole. However, the effects could have a material impact on our results of operations and heighten many of our known risks described in this current report and the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2019, which is incorporated by reference herein.

  

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  XPO LOGISTICS INC.
   
Date: April 23, 2020 /s/ Karlis P. Kirsis
  Karlis P. Kirsis
Senior Vice President, European Chief Legal Officer

  

 

 

 

 

 EX-101.SCH 2 xpo-20200423.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 3 xpo-20200423_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 4 xpo-20200423_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE JSON 6 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "tm2016461-3_8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "tm2016461-3_8k.htm" ] }, "labelLink": { "local": [ "xpo-20200423_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "xpo-20200423_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "xpo-20200423.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "xpo", "nsuri": "http://xpologistics.com/20200423", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2016461-3_8k.htm", "contextRef": "From2020-04-22to2020-04-23", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "role": "http://xpologistics.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2016461-3_8k.htm", "contextRef": "From2020-04-22to2020-04-23", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r11" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r11" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r10" ], "lang": { "en-US": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r13" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The start date of the period covered in the document, in CCYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r9" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r14" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r10" ], "lang": { "en-US": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r10" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r12" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r1" ], "lang": { "en-US": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r4" ], "lang": { "en-US": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r18" ], "lang": { "en-US": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r16" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r11" ], "lang": { "en-US": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-US": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r15" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r10" ], "lang": { "en-US": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r6" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r3" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r7" ], "lang": { "en-US": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r8" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r17" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://xpologistics.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r10": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r11": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r12": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1-" }, "r13": { "Name": "Forms 10-K, 20-F, 40-F", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d-1" }, "r14": { "Name": "Forms 20-F, 40-F", "Number": "249", "Publisher": "SEC", "Section": "220 and 240", "Subsection": "f" }, "r15": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r16": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r17": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r18": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r9": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-13" } }, "version": "2.1" } ZIP 7 0001104659-20-050077-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-20-050077-xbrl.zip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end XML 8 R1.htm IDEA: XBRL DOCUMENT v3.20.1
Cover
Apr. 23, 2020
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 23, 2020
Entity File Number 001-32172
Entity Registrant Name XPO LOGISTICS, INC.
Entity Central Index Key 0001166003
Entity Tax Identification Number 03-0450326
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One Five American Lane
Entity Address, City or Town Greenwich
Entity Address, State or Province CT
Entity Address, Postal Zip Code 06831
City Area Code 855
Local Phone Number 976-6951
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.001 per share
Trading Symbol XPO
Security Exchange Name NYSE
Entity Emerging Growth Company false

EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.1 html 1 95 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://xpologistics.com/role/Cover Cover Cover 1 false false All Reports Book All Reports tm2016461-3_8k.htm xpo-20200423.xsd xpo-20200423_lab.xml xpo-20200423_pre.xml http://xbrl.sec.gov/dei/2019-01-31 true false XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 tm2016461-3_8k_htm.xml IDEA: XBRL DOCUMENT 0001166003 2020-04-22 2020-04-23 iso4217:USD shares iso4217:USD shares 0001166003 false 8-K 2020-04-23 XPO LOGISTICS, INC. DE 001-32172 03-0450326 Five American Lane Greenwich CT 06831 855 976-6951 false false false false Common stock, par value $0.001 per share XPO NYSE false