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|XPO Logistics Expands Last Mile Delivery Service to Europe|
XPO Logistics Expands Last Mile Delivery Service to Europe
Markets include the UK, Ireland, the Netherlands, Spain and France
GREENWICH, Conn. - February 15, 2018 - XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced the expansion of its last mile logistics service of heavy goods to Europe. New markets include the UK, Ireland, the Netherlands, Spain and France. The company expects to manage more than 750,000 last mile deliveries from retailers and e-commerce companies in Europe this year.
Troy Cooper, chief operating officer of XPO Logistics, said, "Our last mile expansion to Europe is being driven by customer demand, primarily related to e-commerce. Consumers are buying more large items online, including furniture and appliances. These are home deliveries that often require white glove services, such as assembly, installation and testing. We'll leverage our proprietary technology and successful business model that have made us a last mile leader in North America."
XPO previously announced plans to open 30 new last mile hubs in North America by the end of 2018 for a total of 85 hubs in the United States. The company is the largest last mile logistics provider for heavy goods in North America, facilitating approximately 13 million deliveries a year.
About XPO Logistics
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.
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