XPO Logistics Announces Expansion of Last Mile Network
GREENWICH, Conn. — September 12, 2017 — XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced plans to nearly double its current last mile footprint to 85 service hubs by late 2018. The expansion, which is currently underway, will position XPO’s last mile footprint within approximately 90% of the U.S. population, further reducing transit times.
XPO is the largest last mile logistics provider for heavy goods in North America, with industry-leading consumer satisfaction scores enabled by technology. The company facilitates nearly 13 million home and commercial deliveries, with the majority including installation and assembly of appliances, large electronics, furniture and other hard-to-handle items each year. Consumers are increasingly buying these products online, adding to the rapid growth of e-commerce supply chains.
Troy Cooper, chief operating officer of XPO Logistics, said, "We’re continuing to make significant investments in our facilities, technology, staffing and training to deliver world-class solutions for our customers. As the leading national last mile network specializing in heavy goods, we’re uniquely positioned to provide a consistent consumer experience that protects retail brands. Now we’re making it even faster and more cost effective to transport goods direct to homes.”
XPO expects to open its next eight hubs in Birmingham, Ala.; Buffalo, N.Y.; Jacksonville, Fla.; Long Island, N.Y.; Los Angeles, Calif.; Milwaukee, Wisc.; Tulsa, Okla.; and Washington, D.C. Skilled teams at each facility will perform inspections, repairs, pre-assemblies and other value-added services in preparation for delivery.
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a highly integrated network of people, technology and physical assets in 31 countries, with over 90,000 employees and 1,435 locations. XPO uses its network to help more than 50,000 customers manage their goods more efficiently throughout their supply chains. The company has two reporting segments: transportation and logistics, and within these segments, its business is well diversified by geographies, verticals and types of service. XPO's European headquarters is in Lyon, France and its corporate headquarters is in Greenwich, Conn., USA. www.xpo.com.
Erin Kurtz, +1-203-489-1586