XPO Logistics tops Fortune 500 Transportation and Logistics Ranking for 5th year in a row
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XPO Logistics has been ranked No. 1 among Fortune 500 transportation and logistics companies by Fortune magazine – the fifth year in succession that it has achieved the feat.
The company ranks 190th on the Fortune 500 overall, based on its 2020 revenue of $16.252 billion.
Brad Jacobs, chairman and chief executive officer of XPO Logistics, says the results show XPO can “outperform in any environment”.
“Over the five years that we’ve topped the Fortune 500 category of transportation and logistics, we’ve shown that we can outperform in any environment. We’re honored to once again lead our industry ranking and remain among the Fortune 200.”
In January, Fortune named XPO one of the World’s Most Admired Companies from among 1,500 companies in 52 industries. The logistics giant has also been selected by Fortune for this recognition every single year since 2018.
Earlier this year, XPO spinned off its logistics business, officially renaming it “GXO” back in March.
Photo credit: XPO Logistics