Public | |
Traded as | : XPO |
Predecessor | Express-1 Expedited Solutions |
Key people
|
Bradley S. Jacobs (Chairman & CEO) |
Services | Contract logistics, freight brokerage, less-than-truckload transport, truckload transport, last mile logistics, intermodal transport, drayage, ground and air expedited freight, global freight forwarding, managed transportation |
Revenue | $15 billion |
Divisions | Transportation, logistics |
Website | www |
XPO Logistics, Inc. (: XPO) is a U.S. corporation and one of the world's ten largest providers of transportation and logistics services. The company has approximately $15 billion in revenue, serves more than 50,000 customers, and operates a network of over 88,000 employees and 1,440 locations in 34 countries.
XPO ranks as the second-largest provider of both freight brokerage and contract logistics services in the world. It has the largest owned trucking fleet in Europe, operates the largest platform for outsourced e-fulfillment, and in Western Europe is the leading provider of less-than-truckload (LTL) services. In North America, XPO is the second-largest LTL carrier, the largest manager of expedited shipments, the largest provider of last-mile logistics for heavy goods, and the third-largest intermodal provider.
XPO's corporate headquarters is located in Greenwich, Connecticut, U.S. Its European headquarters is in Lyon, France.
XPO Logistics operates on a global scale as a third-party provider of end-to-end goods management. Its supply chain operations encompass approximately 1.5% of the $1 trillion transportation and logistics industry, including 63 members of the Fortune 100, making XPO one of the 10 largest providers of these services in the world.
The company’s physical assets include 9,900 53-foot rail containers, another 8,000 chassis for transporting those containers by road, and 19,000 tractors and 47,000 trailers to haul goods. It operates 438 cross-dock facilities to transfer freight from rail to road and back again, and 748 warehouses with more than 150 million square feet of space for e-commerce fulfillment; reverse logistics; omnichannel support; factory and aftermarket support; and integrated manufacturing, packaging, and distribution.