US-based transport and logistics company, XPO Logistics, has ascended to number 180 on the Fortune 500 list.
The annual ranking in Fortune Magazine is based on 2018 company revenue of $17.3 million USD (€15.5 million).
XPO Logistics also took the number one ranking among all transportation and logistics companies.
“We’re honoured to advance among the top 200 companies on the Fortune 500, and take the top spot in transportation and logistics,” said XPO Logistics Chairman and CEO, Bradley Jacobs.
“We’ll continue to invest in our surest path to sustainable growth — future-proofing our customers’ supply chains through innovation,” he said.
In 2018, Fortune named XPO to its Fortune Future 50 list based on 17 predictive growth factors, including board composition, environmental, social and governance standards, and the share of managers and employees who are female.
Retail company, Walmart, was ranked number one on the Fortune 500 list with a revenue of $514.4 million USD (€461.1 million); oil and gas company, Exxon Mobil, took second place with $290.2 million USD (€260.1 million); and technology company, Apple, came third with $265.5 million USD (€238 million).
(Image: XPO Logistics Chairman and CEO, Bradley Jacobs.)