XPO Logistics to Add 8,000 Seasonal Jobs in North America as E-commerce Demand Rises
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
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.
XPO Logistics, Inc.