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Share Name | Share Symbol | Market | Type |
---|---|---|---|
XPO Inc | NYSE:XPO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.05 | 0.96% | 110.53 | 110.61 | 108.40 | 109.55 | 604,921 | 18:31:49 |
GREENWICH, Conn. - June 12, 2019 - New data from XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, shows rapid adoption of its Drive XPO carrier app in North America. Commercial truck drivers use the app to search for loads and transact on XPO Connect, the company's digital freight marketplace platform.
The company reports that the registered number of US carriers using Drive XPO for XPO Connect reached 18,000 in April 2019, 12 months after the platform's launch, and accelerated to approximately 22,000 carriers in May. The company attributes the acceleration to high user satisfaction with the XPO digital experience and the quality of ongoing enhancements. User ratings have made Drive XPO a top-ranked app in its category at the iOS and Android stores, where it can be downloaded at no charge.
Mario Harik, chief information officer of XPO Logistics, said, "Our approach to the shipper-carrier relationship is a good example of our technology strategy at XPO. We use pioneering architecture behind the scenes, with easy user interfaces that encourage adoption. This gives us wide-ranging opportunities to develop supply chain efficiencies and deploy them at scale."
Some recent Drive XPO app enhancements include:
XPO introduced XPO Connect as a cloud-based, fully digital freight marketplace developed with multimodal, self-learning architecture. Currently, XPO Connect is utilized by the company's business units for truck brokerage, managed transportation and last mile logistics.
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 1,540 locations and approximately 100,000 employees. XPO uses its network to help more than 50,000 customers manage their goods most efficiently throughout their supply chains. XPO's corporate headquarters is in Greenwich, Conn., USA, and its European headquarters is in Lyon, France. xpo.com.
Media Contact
XPO Logistics, Inc.
Erin Kurtz, +1-203-489-1586
erin.kurtz@xpo.com
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