XPO Logistics Named as a Leader in the Gartner Magic Quadrant for Third-Party Logistics Providers Worldwide
May 15 2018 - 8:30AM
XPO Logistics
Named as a Leader in the Gartner
Magic Quadrant for Third-Party Logistics Providers
Worldwide
GREENWICH, Conn. - May 15, 2018
- XPO Logistics, Inc. (NYSE: XPO), a top ten global provider of
transportation and logistics solutions, today announced that
Gartner, Inc. has positioned the company as a Leader in its 2018
Magic Quadrant for Third-Party Logistics, Worldwide.
XPO's recognition as a Leader was based on its
completeness of vision and ability to execute on that vision. The
2018 report, which was published May 3, evaluated 15 third-party
logistics providers that met Gartner's criteria for inclusion.
Gartner clients can access the full report here.
Troy Cooper, president of XPO Logistics, said,
"We're delighted to once again be recognized by Gartner for
providing what we believe are the qualities that deliver superior
value for our customers. We feel this recognition is also a tribute
to our people and their fierce commitment to excellence."
According to Gartner, "Leaders rate well on the
highly weighted criteria of execution and vision. This means the
leading providers have extensive service offerings and
infrastructure, and make them available across an 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."
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 32
countries, with 1,466 locations and more than 95,000 employees. 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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