XPO Logistics Expands Last Mile Hub Network to Canada
August 08 2018 - 8:30AM
XPO Logistics
Expands Last Mile Hub Network to Canada
GREENWICH, Conn. - August 8, 2018 - XPO Logistics (NYSE: XPO), the
largest provider of last mile logistics for heavy goods in North
America, today announced the opening of its first hub in Canada for
last mile distribution. The 50,000 square feet facility, located in
Toronto, will be staffed by approximately 70 employees to serve
customers throughout
Ontario.
Troy Cooper, president of XPO Logistics, said,
"We're delighted to extend our last mile capabilities in Canada
with the opening of our Toronto hub. Demand for our service is on
the rise, as more people buy heavy goods online and retailers
outsource deliveries. Consumers in Canada already have access to a
first-rate in-home experience from XPO with our experienced team
and technology - now we're accelerating delivery to homes in the
country's largest metropolitan area."
XPO facilitates the final stage of heavy goods
deliveries from distribution centers and retail stores to homes and
businesses. The company's last mile hubs are used to provide
value-added services, such as inspection and pre-assembly in
preparation for delivery, and to position goods close to
destinations.
Once an item is in transit, XPO's technology gives
consumers a choice of self-service options, including web tools and
voice-activated connectivity through Google and Amazon intelligent
assistants. Shoppers can track their orders and receive automated
appointment verifications by phone, email or text.
XPO expects to facilitate approximately 14 million
last mile deliveries this year in North America. The Toronto
opening is part of the company's planned network expansion
to 85 last mile hubs in North America this year. XPO also
provides a last mile service in Europe.
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 1,505 locations and more than 97,000 employees. XPO
uses its network to help more than 50,000 customers manage their
goods more efficiently throughout their supply chains. 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 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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