Xpo Inc Stock Price, News & Analysis

XPO Logistics (NYSE: XPO) announced that four drivers have surpassed three million accident-free miles in their LTL unit in North America. The drivers achieving this milestone are Terry Dixon, Pierre Rousselle, Roy Kirby, and Melvin Krohn. Additionally, in the first half of 2020, 105 drivers from 32 states and Quebec reached significant safety milestones, including 16 drivers with two million miles and 89 with one million miles. The company is recognized for its commitment to safe driving, achieving a 50% reduction in distracted driving incidents in 2019.

XPO Logistics (NYSE: XPO) has been recognized as a Leader in Gartner's Magic Quadrant for Third-Party Logistics, marking the second consecutive year for the accolade. This recognition is based on XPO's ability to execute and its completeness of vision, highlighting its extensive service offerings and infrastructure across a global footprint. The acknowledgment underscores XPO's commitment to providing essential supply chain services, especially during the pandemic, and reflects the high caliber of its workforce.

XPO Logistics, Inc. (NYSE: XPO) will hold its second quarter conference call on July 31, 2020, at 8:30 a.m. ET. The company will release its Q2 results on July 30, post-market close, available at www.xpo.com. Interested parties can join the call toll-free at 1-877-269-7756 in the US and Canada, or +1-201-689-7817 internationally. A replay will be accessible until August 31, 2020. XPO is a leading logistics provider operating in 30 countries with approximately 97,000 employees, serving over 50,000 customers worldwide.

XPO Logistics (NYSE: XPO) has released a whitepaper titled “Essential Support for Essential Workers,” detailing its proactive measures in response to COVID-19. The document outlines strategies to ensure the well-being of employees during the pandemic, as XPO continues to function as an essential service provider. Key areas covered include employee support, risk mitigation, and on-site preventative measures across over 300 logistics sites. The company's president emphasized the intent to share best practices with the industry to enhance community safety during crises.

XPO Logistics CEO Bradley Jacobs will keynote the FreightWaves 2020 3PL Summit on July 21, focusing on 'Navigating the Future of Freight.' Under Jacobs' leadership, XPO has evolved into a top ten global logistics provider within nine years, recognized in the 2020 FreightTech 25 as a leading innovator. The summit aims to connect industry executives, analysts, and entrepreneurs through a virtual platform. XPO operates across 30 countries with over 97,000 employees, servicing more than 50,000 customers worldwide.

XPO Logistics will host a webinar on June 23, 2020, focusing on the impact of COVID-19 on supply chains. The session, led by CIO Mario Harik and President Drew Wilkerson, will discuss evolving trends in logistics management during the pandemic. Key topics include the importance of flexibility, the role of technology, building partnerships, and enhancing supply chain resilience. XPO is a major player in the logistics industry, operating in 30 countries with advanced technology solutions like the XPO Connect™ digital freight marketplace.

XPO Logistics, a leading global supply chain solutions provider, has been awarded the 2020 SDCE 100 Award for innovation for its digital freight marketplace, XPO Connect™. This recognition, announced by Supply & Demand Chain Executive, highlights innovations that enhance operational efficiency across various supply chain functions. Mario Harik, XPO's CIO, emphasized the significance of digital management for B2B and B2C supply chains. XPO Connect leverages machine learning to improve capacity trading and adjust to real-time market dynamics, underscoring XPO's commitment to technological advancement in logistics.

XPO Logistics has been recognized as a 2020 Green 75 Supply Chain Partner by Inbound Logistics for the fifth consecutive year. This accolade highlights XPO's commitment to sustainability in logistics, as it supports shippers in maintaining eco-friendly operations. President Troy Cooper emphasized the company's dedication to innovation in sustainability, underscoring their ongoing efforts to enhance supply chain operations through eco-friendly initiatives. XPO's sustainability efforts are detailed in their Sustainability Report, which includes advancements in fleet emission technologies and sustainable packaging.