Sales and profits rise at XPO Logistics
XPO’s revenue rose 16 per cent in the second quarter to reach $4.36 billion, while adjusted EBITDA was up from $370.8m to $436.7m. The company’s logistics segment generated revenue of $1.5bn for the quarter, 19 per cent up on the same period in 2017. Growth was driven by demand for e-commerce logistics globally, as well as by…