XPO Logistics is among the top global logistics companies operating at scale. It serves over 50,000 customers its facilities in 30 countries and 1506 location. XPO Logistics employs roughly 96,000 people and is headquartered in Greenwich, Connecticut, USA. The company’s European headquarters are located in Lyon, France.
XPO is also a top military veteran employer
XPO Logistics was recently designated as a bronze-level Military Friendly Employer by veteran-owned business Viqtory. The Military Friendly Employer designations are evaluated based on a scoring system that involves public data and comprehensive surveys of organizational practices. Reacting to the designation, XPO’s chief diversity officer, LaQuenta Jacobs, said, “We’re honored to be recognized for the strength of our recruitment and development programs for veterans. Military training teaches personal leadership, discipline and an appreciation for diversity. We place a high value on these qualities within our culture.”
Stock Performance places XPO among the top logistics stocks
Not only is XPO an inclusive and diverse place to work, but it has also demonstrated strong business growth. XPO stock is up 2.2% year-to-date. More significantly, the stock has gained 102% since the March market crash. The pandemic has been one of the best performing periods in the stock’s history and XPO has been a logistics stock to buy in recent months. On a more long-term basis, revenues have grown from $7.6 billion in 2015 to $16.6 billion in 2019. Net income has swung from a loss of $.65 per share to a positive net income of $3.57 per share.
The logistics sector has been picking up lately. FedEx, one of the major companies in the industry, reported its biggest-ever quarterly sales. In other XPO company news, the firm has released the latest version of its Tour De France game app. The company is celebrating its 40 years of partnership with the Tour. XPO’s stock closed at $82.24 on 24th September 2020, down 3.25% for the past month.