XPO Logistics to Launch New, Interactive Last Mile Technology for Consumers
(Thomson Reuters ONE) -
GREENWICH, Conn. - October 2, 2017 - XPO Logistics, Inc. (NYSE: XPO), a leading
global provider of transportation and logistics solutions, today announced the
expected November launch of interactive last mile technology designed to help
consumers manage retail home deliveries with advanced, online tools. The
company's latest innovation has been developed for the unique requirements of
heavy goods purchased through e-commerce and bricks-and-mortar stores.
XPO's next-generation, web-based, last mile technology is designed to give
consumers personal visibility and control over the delivery of appliances,
furniture and other heavy goods. Unlike package shipments, most heavy goods
require that someone be available to take delivery inside the home. Consumers
can manage orders in real time, reschedule delivery times electronically,
integrate their calendars and opt to receive weather and traffic alerts. The
technology provides the flexibility to set preferences such as notifications by
email, text message or voice.
XPO is the largest provider of last mile logistics for heavy goods in North
America, facilitating approximately 13 million carrier-based deliveries and
installations a year. The company's latest technology expands on capabilities
that already generate industry-leading consumer satisfaction ratings for XPO's
last mile customers, including online visibility of order details, a consumer
preparation checklist, real-time order tracking and ETA status updates. XPO
expects to provide optional private-label branding of the consumer experience on
request.
Troy Cooper, chief operating officer of XPO Logistics, said, "We have repeatedly
been ahead of the curve with last mile technology that drives up consumer
satisfaction in retail and e-commerce. The launch of our new, interactive
delivery management tools will build brand loyalty for our customers and provide
a next-generation platform for further omnichannel development. Once our North
American roll-out is complete, we plan to adapt this technology to our growing
last mile business in Europe."
About XPO Logistics, Inc.
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 corporate headquarters is in Greenwich, Conn., USA, and its European
headquarters is in Lyon, France. www.xpo.com
Forward-looking Statements
This press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including our plans to launch
interactive last mile technology in North America or in Europe. All statements
other than statements of historical fact are, or may be deemed to be, forward-
looking statements. In some cases, forward-looking statements can be identified
by the use of forward-looking terms such as "anticipate," "estimate," "believe,"
"continue," "could," "intend," "may," "plan," "potential," "predict," "should,"
"will," "expect," "objective," "projection," "forecast," "goal," "guidance,"
"outlook," "effort," "target," "trajectory" or the negative of these terms or
other comparable terms. However, the absence of these words does not mean that
the statements are not forward-looking. These forward-looking statements are
based on certain assumptions and analyses made by us in light of our experience
and our perception of historical trends, current conditions and expected future
developments, as well as other factors we believe are appropriate in the
circumstances.
These forward-looking statements are subject to known and unknown risks,
uncertainties and assumptions that may cause actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by such
forward-looking statements. Factors that might cause or contribute to a material
difference include the risks discussed in our filings with the SEC and the
following: economic conditions generally; competition and pricing pressures; our
ability to align our investments in capital assets, including equipment, service
centers and warehouses, to our customers' demands; our ability to successfully
integrate and realize anticipated synergies, cost savings and profit improvement
opportunities with respect to acquired companies; our ability to develop and
implement suitable information technology systems and prevent failures in or
breaches of such systems; our substantial indebtedness; our ability to raise
debt and equity capital; our ability to maintain positive relationships with our
network of third-party transportation providers; our ability to attract and
retain qualified drivers; litigation, including litigation related to alleged
misclassification of independent contractors; labor matters, including our
ability to manage our subcontractors, and risks associated with labor disputes
at our customers and efforts by labor organizations to organize our employees;
risks associated with our self-insured claims; risks associated with defined
benefit plans for our current and former employees; fluctuations in currency
exchange rates; fluctuations in fixed and floating interest rates; our ability
to execute our growth strategy through acquisitions; fuel price and fuel
surcharge changes; issues related to our intellectual property rights;
governmental regulation, including trade compliance laws; and governmental or
political actions, including the United Kingdom's likely exit from the European
Union. All forward-looking statements set forth in this press release are
qualified by these cautionary statements and there can be no assurance that the
actual results or developments anticipated by us will be realized or, even if
substantially realized, that they will have the expected consequences to or
effects on us or our business or operations. Forward-looking statements set
forth in this press release speak only as of the date hereof, and we do not
undertake any 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(at)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
Unternehmensinformation / Kurzprofil:
Datum: 02.10.2017 - 14:30 Uhr
Sprache: Deutsch
News-ID 562064
Anzahl Zeichen: 7967
contact information:
Town:
Greenwich
Kategorie:
Business News
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