XPO Logistics to Add 8,000 Seasonal Jobs in North America as E-commerce Demand Rises
September 17 2018 - 8:30AM
XPO Logistics to
Add 8,000 Seasonal Jobs in North America
as E-commerce Demand Rises
GREENWICH, Conn. - September 17, 2018 - XPO Logistics (NYSE: XPO), a leading global provider
of transportation and logistics solutions, today announced that it
expects to hire 8,000 North American logistics workers for the peak
holiday season. The company's retail logistics volume through
August is running approximately 20% higher than 2017, primarily
driven by consumer demand for e-commerce and omnichannel retail
fulfilment.
Troy Cooper, president of XPO Logistics, said,
"We're ramping up for the holiday season and another significant
increase in e-commerce activity. We expect to add 8,000 seasonal
jobs before November - a significant increase over last year's
holiday hiring. Our modern warehouses are filled with automation
that is an attractive choice for workers and helps us to
be as productive as possible for our customers."
XPO previously reported strong second quarter
gains in its global logistics segment, driven by growing demand
from e-commerce and industrial customers. The company is the second
largest contract logistics provider worldwide, with approximately
183 million square feet of facility space and more than 7 billion
inventory units managed daily.
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 1,505 locations and more than 97,000 employees. XPO
uses its network to help more than 50,000 customers manage their
goods more efficiently throughout their supply chains. XPO's
corporate headquarters is in Greenwich, Conn., USA, and its
European headquarters is in Lyon, France. www.xpo.com
Forward-looking
Statements
This press release includes forward-looking
statements within the meaning of United States federal securities
law. All statements other than statements of historical fact are,
or may be deemed to be, forward-looking statements. All
forward-looking statements set forth in this press release are
qualified by factors that might cause or contribute to a material
difference in actual results, as discussed in XPO's filings with
the U.S. Securities and Exchange Commission and linked to the
investor relations section of the company's
website, www.xpo.com, including: economic conditions
generally; competition; XPO's ability to match its investments in
equipment, service centers and warehouses with customer demand;
XPO's ability to attract and retain key employees; and XPO's
ability to develop and implement a suitable information technology
system. Forward-looking statements set forth in this press
release speak only as of the date hereof, and XPO undertakes no
obligation to update forward-looking statements to reflect
subsequent events or circumstances, changes in expectations or the
occurrence of unanticipated events, except to the extent required
by law.
Media Contact
XPO Logistics, Inc.
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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