Logistics sector will survive the pandemic and thrive, XPO chief tells shareholders


 

Recovery from the COVID-19 pandemic could begin as early as next year, with the logistics industry benefitting from new behaviours that could launch an e-commerce boom and more collaborative ways of working forged during the crisis, according to XPO chief executive Bradley Jacobs. In a letter to shareholders published this week, Jacobs predicts: “Things are difficult right now and they’ll get worse in the short-term. Then they’ll get much, much better.” Jacobs argued that while 2020 will be “a lost […]