XPO Logistics Named a Leader in the Gartner Magic Quadrant for Third-Party Logistics Providers in North America
June 07 2017 - 9:00AM
GREENWICH, Conn. - June 7,
2017- XPO Logistics, Inc. (NYSE: XPO), a top ten global
provider of transportation and logistics solutions, today announced
that Gartner, Inc. has named the company a leader in its May 2017
Magic Quadrant for Third-Party Logistics, North America.
Ashfaque Chowdhury, XPO Logistics president,
supply chain-Americas and Asia Pacific, said, "We believe that our
positioning in the leaders quadrant is a direct reflection of the
strong partnerships we build. We constantly look to innovate, and
we're willing to invest with customers to create best-in-class
solutions that combine technology leadership with superior
execution. We view the Gartner report as an affirmation of the work
we do every day to deliver the results that matter to our
customers."
According to the report, "Leaders rate well on the
highly weighted criteria for both Ability to Execute and
Completeness of Vision. These strong performing and full-service
3PL providers offer a broader portfolio of logistics functions and
typically value-added services that span the end-to-end supply
chain and have specific industry variations that customers can
leverage. They understand North American logistics market drivers,
regional nuances and customer needs, and translate that
understanding into service offerings that are locally fit for
purpose and supported by the use of leading technologies. Leaders
have well-structured strategies and business models that support
the continued expansion of their regional capabilities and services
coverage. Leaders are trusted and relied on by customers to help
them achieve top logistics performance within the U.S., Canada and
Mexico."
Gartner clients can access the 2017 report
here.
Gartner Disclaimer
Gartner does not endorse any vendor, product or
service depicted in its research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
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:
Erin Kurtz, 1-203-489-1586
erin.kurtz@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
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