XPO Logistics Named a Leader in Gartner 2021 Magic Quadrant for Third-Party Logistics, Worldwide
July 21 2021 - 7:00AM
XPO Logistics, Inc. (NYSE: XPO), a leading global provider of
supply chain services, has again been recognized as a Leader in the
Gartner Magic Quadrant for Third-Party Logistics, Worldwide. XPO
has been named a Magic Quadrant Leader six times by Gartner, Inc. —
for 2021, 2020 and 2018, worldwide; and for 2021, 2019 and 2017,
North America.
Malcolm Wilson, chief executive officer of XPO Logistics Europe,
said, "We’re honored to once again be recognized by Gartner as a
leader among best-in-class third-party logistics providers
worldwide. Our focus is on providing faster, smarter supply chains
through automation — this is what customers want, whether it’s
e-commerce, omnichannel or B2B.”
According to Gartner, “Leaders rate well on the highly weighted
criteria for both Ability to Execute and Completeness of Vision.
This means the leading providers have extensive service offerings
and infrastructure and make them available across and expansive
global footprint. They understand the market, trends and customer
needs, and translate those into well-executed service offerings
further specialized for any number of industries. They are
formidable at logistics execution across the service lines and run
highly professional, very comprehensive logistics businesses.
Leaders also have well-structured strategies and business models to
continue to expand their capabilities, regional coverage and
industry specialization, and they are adept at offering services
for different customer segments. They invest in innovative
mechanisms and capabilities to advance the art of logistics in the
industry. Leaders are trusted and relied on by many of the largest
global corporations to help them execute their worldwide supply
chains.”
XPO is among the Leaders identified in the 2021 report: Gartner,
“Magic Quadrant for Third-Party Logistics, Worldwide,” Susan
Boylan, David Gonzalez, Farrah Salim, Brian Whitlock, Chris Kina,
June 28, 2021. Gartner clients can access the full report here.
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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 LogisticsXPO Logistics, Inc. (NYSE: XPO)
provides cutting-edge supply chain solutions to the most successful
companies in the world, with two business segments: transportation
and logistics. The company helps more than 50,000 customers manage
their supply chains most efficiently, using a network of 1,621
locations in 30 countries and approximately 140,000 team members,
including 108,000 employees and 32,000 temporary workers. The
company’s corporate headquarters are in Greenwich, Conn., USA.
Visit xpo.com for more information, and connect with XPO on
Facebook, Twitter, LinkedIn, Instagram and YouTube.
About the GXO spin-offXPO intends to spin off its logistics
segment on August 2, 2021 as GXO Logistics, creating two
independent public companies with distinct investment identities
and service offerings in vast addressable markets. GXO will be the
largest pure-play contract logistics provider in the world, and XPO
will be a leading provider of transportation services, primarily
less-than-truckload transportation and truck brokerage. For more
information, visit gxo.com.
Forward-looking StatementsThis press release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other
than statements of historical fact are, or may be deemed to be,
forward-looking statements, including the statements above
regarding plans, benefits and timing of the contemplated spin-off
transaction.
Media ContactXPO Logistics, Inc.Joe
Checkler+1-203-423-2098joe.checkler@xpo.com
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