XPO Inc (MEX:XPO)
MXN 1446.03 0 (0%) Market Cap: 313.83 Bil Enterprise Value: 390.72 Bil PE Ratio: 42.91 PB Ratio: 9.40 GF Score: 65/100
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XPO Logistics Inc at Wolfe Research Global Transportation & Industrials Conference (Virtual) Transcript

May 20, 2020 / 06:15PM GMT
Release Date Price: MXN554.01
Scott H. Group
Wolfe Research, LLC - MD & Senior Transportation Analyst

Okay. Everyone, we're going to get going with our next panel. Really happy to have XPO Logistics here. We've got Brad Jacobs, Chairman and CEO. We've got Matt Fassler, Chief Strategy Officer. Thank you, guys for being here. We're going to go right into questions.

Questions & Answers

Scott H. Group;Bradley S. Jacobs
Wolfe Research, LLC - MD & Senior Transportation Analyst;XPO

And so Brad, we're starting with everybody just sort of on revenue trends and where we are. Are we at the bottom yet? You guys have a great view of the globe. So if I just look through this, first quarter on the call, you talked that April revenue was down 20% to 25%; logistics, relatively better than that; non-LTL, relatively worse. You talked about some improvement in France and Spain, maybe some signs of a bottom in the U.K. and the U.S. So that's what you've said. Maybe just give us a more current update going around the globe, going through each of the businesses.

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