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XPO XPO Inc

109.70
-5.20 (-4.53%)
27 Jul 2024 - Closed
Delayed by 15 minutes
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
  -5.20 -4.53% 109.70 114.145 106.33 110.74 2,451,267 01:00:00

XPO Launches In-house, Over-the-Road Operation to Improve Linehaul Network Efficiency

24/10/2023 12:00pm

GlobeNewswire Inc.


XPO (NYSE:XPO)
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From Jul 2023 to Jul 2024

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XPO (NYSE: XPO), a leading provider of freight transportation in North America, is launching an in-house, over-the-road operation staffed exclusively by team drivers. The Road Flex program is part of the company’s previously announced strategy to insource third-party linehaul carrier miles to drive greater efficiency, expected cost savings and better service for customers.

The Road Flex program is already underway with sleeper team runs from bases in Dallas, Texas and Phoenix, Arizona. The company expects to expand this operation to a carefully selected group of additional service centers in 2024.

To support the program, the company is recruiting teams of long-haul drivers who will run dedicated routes between XPO facilities in trucks equipped with sleeping quarters and other amenities to ensure a comfortable on-the-road experience.

Tim Staroba, president of the East Division at XPO, said, "The launch of the Road Flex operation is a key step in accelerating our plan to insource third-party linehaul miles and create greater efficiency in our network. It’ll enable us both to reduce costs and improve service for our customers by minimizing freight re-handling and expediting deliveries. We look forward to the growth of this new program and the great team drivers who will be joining XPO to support it.”

A typical workweek for Road Flex team drivers will consist of five days on the road, followed by two days off. While schedules may occasionally vary based on network conditions, XPO is committed to providing workplace flexibility and balance, along with industry-leading compensation and benefits. For more information about XPO's Road Flex program and related career opportunities, please visit https://www.xpo.com/teams. 

About XPOXPO, Inc. (NYSE: XPO) is one of the largest providers of asset-based less-than-truckload (LTL) transportation in North America, with proprietary technology that moves goods efficiently through its network. Together with its business in Europe, XPO serves approximately 49,000 customers with 562 locations and 37,000 employees. The company is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on Facebook, X, LinkedIn, Instagram and YouTube.

Media ContactKarina Frayter +1 203-484-8303 karina.frayter@xpo.com

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