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XPO Logistics Gets Benefits From E-Commerce


XPO Logistics Gets Benefits From E-Commerce

Delivery companies have experienced a huge transformation because of one overarching theme in the business world: the rise of e-commerce. With customers insisting on quick delivery of essential items, XPO Logistics (NYSE: XPO) has found its services in high demand, especially as it becomes increasingly necessary to find ways to link producers and their customers all the way from a manufacturing plant to a home or business address.

Coming into Wednesday's third-quarter financial report, XPO investors fully believed that the logistics specialist would continue to see strong growth because of favorable trends in the industry. XPO's results were favorable, including some new records for the company. Let's look more closely at how XPO Logistics did and what's coming down the road for the business.

Image source: XPO Logistics.

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Source: Fool.com

Xpo Logistics Inc. Stock

€105.95
-0.390%
The price for the Xpo Logistics Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.400 (-0.390%).
With 41 Buy predictions and 2 Sell predictions Xpo Logistics Inc. is one of the favorites of our community.
As a result the target price of 125 € shows a slightly positive potential of 17.98% compared to the current price of 105.95 € for Xpo Logistics Inc..
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