XPO Logistics Advances to Number 191 on Fortune 500 as Fastest-Growing Transportation Company
(Thomson Reuters ONE) -
GREENWICH, Conn. - June 7, 2017 - XPO Logistics, Inc. (NYSE: XPO), a leading
global provider of transportation and logistics solutions, moved up to number
191 on the Fortune 500 list, as announced by Fortune magazine today. Last year,
XPO ranked number 353 and was named the fastest-growing company.
XPO's new ranking is also notable for leading all transportation companies on
the list with the largest year-over-year numeric increase, up 162 places, and
the largest percentage revenue change at 92%. The company is the third largest
performer in both metrics on the Fortune 500 overall, and ranks number 80 among
largest employers.
Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said,
"We're honored to advance to a position among the top 200 companies on the
Fortune 500 and lead the transportation sector. I commend our employees for the
phenomenal service they provide to our customers - including the majority of the
Fortune 500, who look to us for scale and innovation in supply chain services."
The Fortune 500 list identifies the largest U.S. companies each year on the
basis of total annual revenue. XPO generates revenue of approximately $15
billion, with a network of over 89,000 employees and 1,431 locations in 34
countries.
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 34 countries, with over 89,000 employees and 1,431
locations. XPO uses its network to help more than 50,000 customers manage their
goods more efficiently throughout their supply chains. The company has two
reporting segments: transportation and logistics, and within these segments, its
business is well diversified by geographies, verticals and types of service.
XPO's corporate headquarters is in Greenwich, Conn., USA, and its European
headquarters is in Lyon, France. www.xpo.com
Media Contact:
XPO Logistics, Inc.
Erin Kurtz, +1-203-489-1586
erin.kurtz(at)xpo.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions 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
Unternehmensinformation / Kurzprofil:
Datum: 07.06.2017 - 22:30 Uhr
Sprache: Deutsch
News-ID 546882
Anzahl Zeichen: 2783
contact information:
Town:
Greenwich
Kategorie:
Business News
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