XPO Logistics Named a Fortune Future 50 Company
19 October 2018 - 10:00PM
XPO Logistics
Named a Fortune Future 50 Company
Identified by Fortune as positioned for breakout
growth
GREENWICH, Conn. - October 19, 2018 - XPO Logistics, Inc. (NYSE: XPO), a leading global
provider of transportation and logistics solutions, has been named
to the Fortune Future 50 list of US public companies best
positioned for breakout growth. This is the first year that XPO has
earned a place on the list, joining Amazon, Netflix, Salesforce and
other market innovators.
Bradley Jacobs, chief executive officer of XPO
Logistics, said, "We're honored to be selected as a Fortune Future
50 company - it speaks to our ability to achieve phenomenal
long-term growth. The criteria that Fortune set for this list
include many vital attributes, such as clarity of vision, agility
and investments in technology. These are core strengths of XPO.
We're growing rapidly in a $1 trillion addressable market and
intend to vastly increase our current 2% share."
The Fortune Future 50 methodology weighs 17
predictive factors in the areas of strategy, structure, technology
and people. Among these factors are a company's board composition,
its environmental, social and governance standards, and the share
of managers and employees who are female. Fortune's algorithms
utilize artificial intelligence to assess a company's expected
future growth and its capacity to deliver that growth.
Earlier this year, XPO earned spot number 67 on
Fortune's list of the largest US employers. The company ranks as
number 186 on the Fortune 500 list of the top US companies by
revenue.
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten
global logistics provider of cutting-edge supply chain solutions to
the most successful companies in the world. The company operates as
a highly integrated network of people, technology and physical
assets in 32 countries, with 1,505 locations and more than 97,000
employees. XPO uses its network to help more than 50,000 customers
manage their goods more efficiently throughout their supply chains.
XPO's corporate headquarters is in Greenwich, Conn., USA, and its
European headquarters is in Lyon, France. www.xpo.com
Forward-looking
Statements
This press release includes
forward-looking statements within the meaning of United States
federal securities law. All statements other than statements of
historical fact are, or may be deemed to be, forward-looking
statements. All forward-looking statements set forth in this
press release are qualified by factors that might cause or
contribute to a material difference in actual results, as discussed
in XPO's filings with the U.S. Securities and Exchange
Commission and linked to the investor relations section of the
company's website, www.xpo.com, including: economic
conditions generally; competition; XPO's ability to match its
investments in equipment, service centers and warehouses with
customer demand; XPO's ability to attract and retain key employees;
and XPO's ability to develop and implement a suitable information
technology system. Forward-looking statements set forth in
this press release speak only as of the date hereof, and XPO
undertakes no 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.
Media Contact
XPO Logistics, Inc.
Erin Kurtz
+1 203-489-1586
erin.kurtz@xpo.com
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: XPO Logistics, Inc. via Globenewswire
XPO (NYSE:XPO)
Historical Stock Chart
From Apr 2024 to May 2024
XPO (NYSE:XPO)
Historical Stock Chart
From May 2023 to May 2024