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XPO LOGISTICS (EPA:XPO) - Mise à disposition du communiqué de presse de XPO Logistics, Inc. en date du 15 janvier 2020

Directive transparence : information réglementée Autres communiqués

16/01/2020 06:51

Mise à disposition du communiqué de presse de XPO Logistics, Inc. en date
du 15 janvier 2020

LYON, FRANCE - 16 janvier 2020 - XPO Logistics Europe (ISIN FR0000052870)
informe ses actionnaires du communiqué de presse (reproduit ci-après)
diffusé par XPO Logistics, Inc. le 15 janvier 2020 portant sur l'examen de
différentes alternatives stratégiques.

A propos de XPO Logistics et XPO Logistics Europe

XPO Logistics, Inc. (NYSE : XPO) fait partie du Top 10 mondial des prestataires
supply chain, offrant des solutions à la pointe de l'innovation aux
entreprises les plus performantes dans le monde. L'entreprise opère un réseau
très intégré de personnes, de technologies et d'équipements dans 30 pays,
avec environ 100.000 collaborateurs et 1.531 sites. XPO met ce réseau au
service de plus de 50.000 clients pour accroître l'efficacité de leur supply
chain.

Le siège international de XPO est situé à Greenwich, Connecticut
(Etats-Unis) et son siège européen est basé à Lyon, France. XPO conduit
l'essentiel de ses opérations en Europe au travers de sa filiale XPO Logistics
Europe. L'action XPO Logistics Europe est cotée sous le code " XPO " sur
Euronext Paris - Isin FR0000052870. europe.xpo.com

Contact Presse
XPO Logistics Europe
Anne Lafourcade
+33 (0)6 75 22 52 90
anne.lafourcade@xpo.com

XPO Logistics Announces Exploration of Strategic Alternatives for One or More
Business Units to Further Enhance Shareholder Value

GREENWICH, Conn. - January 15, 2020 - XPO Logistics, Inc. (NYSE: XPO) today
announced that its board of directors has authorized a review of strategic
alternatives, including the possible sale or spin-off of one or more of XPO's
business units.

Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said,
"XPO is the 7th best-performing stock of the last decade on the Fortune 500,
based on Bloomberg market data. The share price has increased more than
ten-fold since our investment in 2011. Still, we continue to trade at well
below the sum of our parts and at a significant discount to our pure-play
peers. That's why we believe the best way to continue to maximize shareholder
value is to explore our options, while remaining intensely committed to the
satisfaction of our customers and employees."

In making the announcement, XPO noted that there can be no assurance of any
specific outcome. The company has not set a timetable for completion of the
review process and has not determined which, if any, business units would be
sold or spun off. However, the company does not intend to sell or spin off its
North American less-than-truckload unit.

XPO has retained Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as its
financial advisors and Wachtell, Lipton, Rosen & Katz as its legal advisor to
assist with the review process.

About XPO Logistics

XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of
cutting-edge supply chain solutions to the most successful companies in the
world. The company operates as a highly integrated network of people,
technology and physical assets in 30 countries, with 1,531 locations and
approximately 100,000 employees. XPO uses its network to help more than 50,000
customers manage their goods most efficiently throughout their supply chains.
XPO's corporate headquarters are in Greenwich, Conn., USA, and its European
headquarters are in Lyon, France. xpo.com

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact are, or may be deemed to be, forward-looking
statements. In some cases, forward-looking statements can be identified by the
use of forward-looking terms such as "anticipate," "estimate," "believe,"
"continue," "could," "intend," "may," "plan," "potential," "predict," "should,"
"will," "expect," "objective," "projection," "forecast," "goal," "guidance,"
"outlook," "effort," "target," "trajectory" or the negative of these terms or
other comparable terms. However, the absence of these words does not mean that
the statements are not forward-looking. These forward-looking statements are
based on certain assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current conditions and
expected future developments, as well as other factors the Company believes are
appropriate in the circumstances.

These forward-looking statements are subject to known and unknown risks,
uncertainties and assumptions that may cause actual results, levels of
activity, performance or achievements to be materially different from any
future results, levels of activity, performance or achievements expressed or
implied by such forward-looking statements. Factors that might cause or
contribute to a material difference include the risks discussed in the
Company's filings with the Securities and Exchange Commission and the
following: risks and uncertainties as to the terms, timing, structure, benefits
and costs of any separation transaction and whether one will be consummated at
all; the impact of any separation transaction on the remaining businesses of
the Company; economic conditions generally; competition and pricing pressures;
the Company's ability to align its investments in capital assets, including
equipment, service centers and warehouses, to its customers' demands; the
Company's ability to successfully integrate and realize anticipated synergies,
cost savings and profit improvement opportunities with respect to acquired
companies; the Company's ability to develop and implement suitable information
technology systems and prevent failures in or breaches of such systems; the
Company's substantial indebtedness; the Company's ability to raise debt and
equity capital; the Company's ability to maintain positive relationships with
its network of third-party transportation providers; the Company's ability to
attract and retain qualified drivers; litigation, including litigation related
to alleged misclassification of independent contractors and securities class
actions; labor matters, including the Company's ability to manage its
subcontractors, and risks associated with labor disputes at its customers and
efforts by labor organizations to organize its employees; risks associated with
the Company's self-insured claims; risks associated with defined benefit plans
for the Company's current and former employees; fluctuations in currency
exchange rates; fluctuations in fixed and floating interest rates; fuel price
and fuel surcharge changes; issues related to the Company's intellectual
property rights; governmental regulation, including trade compliance laws; and
governmental or political actions, including the United Kingdom's likely exit
from the European Union. All forward-looking statements set forth in this press
release are qualified by these cautionary statements and there can be no
assurance that the actual results or developments anticipated by the Company
will be realized or, even if substantially realized, that they will have the
expected consequences to or effects on the Company or its business or
operations. Forward-looking statements set forth in this press release speak
only as of the date hereof, and the Company does not undertake any obligation
to update forward-looking statements to reflect subsequent events or
circumstances, changes in expectations or the occurrence of unanticipated
events, except to the extent required by law.

Investor Contact:
XPO Logistics, Inc.
Tavio Headley
+1-203-413-4006
tavio.headley@xpo.com

Media Contact:
Kekst CNC Liz Cohen
+1-917-842-5697
XPOmedia@kekstcnc.com