Home » Greenwich-based XPO Logistics posts record revenues

Greenwich-based XPO Logistics posts record revenues

by Marjorie

GREENWICH — XPO Logistics notched company-record revenues within the first three months of the yr, because it noticed across-the-board development amid the accelerating financial restoration from the downturn sparked by the coronavirus pandemic.

The Greenwich-based transportation-and-logistics supplier introduced this week first-quarter revenues of $4.8 billion, surging 24 % from a yr in the past. Earnings soared to $115 million, in contrast with $21 million a yr in the past.

“We had an incredible first quarter that beat expectations and gave us a really robust begin to 2021,” XPO CEO and Chairman Bradley Jacobs stated in an earnings name Tuesday with funding analysts.

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