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Thread: Unions and workers agree XPO Logistics strategy

  1. #1
    Taking A Stand!!!

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    Default Unions and workers agree XPO Logistics strategy

    I had no idea the company was this big. All these acquisitions remind me of another company

    Twenty-four XPO workers and union representatives from Europe and the United States have developed a joint strategic approach to protect standards for workers and ensure respect for labour rights, in the face of the company’s aggressive merger and acquisitions plans.
    Since 2011 US-based XPO Logistics has acquired 16 transportation companies, including Norbert Dentressangle and Conway, and seen its revenue soar from USD177 million that year to USD15 billion in 2015. Bradley Jacobs – XPO’s largest shareholder, chairman and chief executive officer – has embraced this strategy in pursuit of dramatic profits for himself and investors.

    Unions and workers at XPO are greatly concerned that this focus on short-term profits will lead to loss of employment, lowered pay and benefits, social dumping, wage theft and degradation in safety standards, alongside anti-union behaviour and the denial of workplace rights.
    Unions and workers agree XPO Logistics strategy - International Transport Workers' Federation
    ghostrider and fedexnuno like this.

  2. #2
    Steward

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    Default Re: Unions and workers agree XPO Logistics strategy

    Great article here sister, let's just hope that XPO finally agreed soon here in L A and Laredo to negotiate their CBA.
    ABFwife likes this.

 

 

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