XPO Logistics targets investments despite Q1 hit
XPO Logistics felt the hit of a “downsizing” in business by its largest customer, alongside the global impact of Covid-19 on logistics movements, but said it would still invest in automation, digital technology and supply chain visibility. Turnover for the quarter fell 6.2% to $3.86 billion in Q1, compared with $4.12 billion for the same…