Teamsters Warn South African Investors of Workers’ Rights Risks at XPO Logistics
(DURBAN, South Africa) – Today, the Teamsters Union is warning South African institutional investors regarding the many risks facing investments in one of the world's largest transportation and warehousing companies, XPO Logistics [NYSE: XPO] at the Institute of Retirement Funds Africa conference in Durban, South Africa. The conference is the largest gathering of South African institutional investors, an industry with 6.2 trillion ZAR or $440 billion USD assets under management. The union is meeting with pension fund trustees and other investment professionals throughout the conference.