XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has been named to the Fortune Future 50 list of US public companies best positioned for breakout growth. This is the first year that XPO has earned a place on the list, joining Amazon, Netflix, Salesforce and other market innovators.
Brad Jacobs, chief executive officer of XPO Logistics, said, “We’re honored to be selected as a Fortune Future 50 company – it speaks to our ability to achieve phenomenal long-term growth. The criteria that Fortune set for this list include many vital attributes, such as clarity of vision, agility and investments in technology. These are core strengths of XPO. We’re growing rapidly in a $1 trillion addressable market and intend to vastly increase our current 2% share.”
The Fortune Future 50 methodology weighs 17 predictive factors in the areas of strategy, structure, technology and people. Among these factors are a company’s board composition, its environmental, social and governance standards, and the share of managers and employees who are female. Fortune’s algorithms utilize artificial intelligence to assess a company’s expected future growth and its capacity to deliver that growth.
Earlier this year, XPO earned spot number 67 on Fortune’s list of the largest US employers. The company ranks as number 186 on the Fortune 500 list of the top US companies by revenue.