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The COVID-19 pandemic has caused supply chain disruptions worldwide, severely affecting the production of goods and services. Moreover, Federal Reserve chair Jerome Powell said that the global supply chain issues could remain through 2022. So, supply chain solutions companies should witness a solid increase in demand for their services in the near term. According to a Future Market Insights report, the global supply chain management market is expected to grow at a CAGR of 11.4% between 2021 and 2031. Therefore, both R and XPO should benefit.
R has gained 13% over the past month, while XPO has returned 2.1%. Also, R’s 20.4% gain over the past six months is significantly higher than XPO’s negative return. Moreover, R is the clear winner with a 24.4% gain versus XPO’s negative return in terms of the past three months’ performance.
