XPO Sinks as Analysts Link $600 Million Shortfall to Amazon
An employee loads packages onto a pallet at a sorting facility inside JD.com Inc.’s logistics base in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

XPO Sinks as Analysts Link $600 Million Shortfall to Amazon

(Bloomberg) -- XPO Logistics Inc. plunged after reducing its 2019 profit forecast for the second time in two months, citing softer demand in Europe and lost business from its largest customer.
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