XPO Logistics (Formerly Segmentz) Founder and Grove Inc (GRVI) CEO Brings Deep Experience in Growing Companie

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As a serial entrepreneur, Allan Marshall knows what it takes to launch a company and steer it through its initial growth period while implementing funding strategies to propel it forward.

Marshall, CEO of Grove Inc. (NYSE: GRVI), has done it with several companies in the transportation and logistics arena that have gone on to become wildly successful. 

Take XPO Logistics Inc. (NYSE: XPO). Marshall founded Segmentz Inc. (now known as XPO) in November 2000 and served as the CEO, successfully acquiring 5 logistic companies and raising more than $25 million in capital to create the infrastructure and business foundation that is now XPO Logistics.

Today, XPO is the second-largest freight broker in the world. It has about 44,000 employees in 744 locations across 18 countries.

Over the course of his career, Marshall learned how to better determine which startups are likely to succeed. One such opportunity that presented itself was Henderson, -based Grove, which Marshall joined in January of 2020 and took public in June …

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