XPO Logistics to Launch Drive XPO Mobile Technology in Europe
March 19 2018 - 7:30AM
XPO Logistics to
Launch Drive XPO Mobile Technology in Europe
GREENWICH, Conn. - March 19, 2018 - XPO Logistics (NYSE: XPO), a leading global provider
of transport and logistics solutions, will be expanding its Drive
XPO mobile technology to Europe this spring, following a successful
launch in North America. The app, designed for carriers, supports
real-time visibility across transportation modes and integrates
carrier operations with daily productivity tools in one
technology.
Drive XPO's functionality is powered by the
company's proprietary Freight Optimizer system, the global platform
for XPO's non-asset transportation services. By bringing Freight
Optimizer's data science to the road, Drive XPO helps to reduce
empty miles, lower fuel waste, reduce road stress and make the
customer service process more dynamic.
Drive XPO displays load postings in real time,
with details such as origin, destination, freight type, timing and
shipper, as well as special handling or equipment needs. While
en route, carriers use the same app to become more efficient with
refueling, layovers, traffic avoidance and other daily decisions.
This combination of mobile capabilities - load procurement and
productivity - is the next generation of capacity management.
Luis Gomez, managing director of transport, XPO
Logistics Europe, said, "Drive XPO's smart, self-learning
algorithms, pricing tools and market analytics will bring a new
level of efficiency to our brokerage operations. The technology
enables greater connectivity with our carrier network and elevates
customer service through digital track-and-trace and
e-documentation."
XPO's development of supply chain innovations is
accelerated by a cloud-based ecosystem and an annual technology
investment of over $450 million. Its apps are available for iOS and
Android devices from the App Store and Google Play.
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 32
countries, with 1,455 locations and more than 95,000 employees. 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 corporate
headquarters is in Greenwich, Conn., USA, and its European
headquarters is in Lyon, France. xpo.com
Forward-looking
Statements
This press release includes
forward-looking statements within the meaning of United States
federal securities law. All statements other than statements of
historical fact are, or may be deemed to be, forward-looking
statements. All forward-looking statements set forth in this
press release are qualified by factors that might cause or
contribute to a material difference in actual results, as discussed
in XPO's filings with the U.S. Securities and Exchange
Commission and linked to the investor relations section of the
company's website, www.xpo.com,
including: economic conditions generally; competition; XPO's
ability to attract and retain key employees; the ability to develop
and implement a suitable information technology system; and the
ability to maintain positive relationships with third-party
providers. Forward-looking statements set forth in this press
release speak only as of the date hereof, and XPO undertakes no
obligation to update forward-looking statements to reflect
subsequent events or circumstances, changes in expectations or the
occurrence of unanticipated events, except to the extent required
by law.
Media Contact
XPO Logistics, Inc.
Erin Kurtz
+1-203-489-1586
erin.kurtz@xpo.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: XPO Logistics, Inc. via Globenewswire
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