XPO Logistics, Inc.

XPO Logistics, Inc. Overview

Company Headquarters: US

Founded: 1989

Workforce: ~ 100000

Company Working: XPO Logistics, Inc. is a transportation and logistics company providing supply chain solutions. It provides shipments through its non-asset-based transportation network. The company offers a comprehensive range of services including intermodal brokerage, truckload, less-than-truckload, ground/air expedited transportation, freight forwarding services, and last-mile logistics. It operates with the transportation and logistics segments. The transportation segment includes last mile, freight brokerage, full truck load, less-than-truckload, and global forwarding services. The logistics segment covers supply chain or contract logistics, which offers temperature-controlled warehousing, customized solutions, transportation management, omnichannel logistics, and e-fulfillment. It offers services to a range of industries including retail, e-commerce, manufacturing, technology and telecommunications, aerospace and defense, life sciences, healthcare, medical equipment, agriculture, and food and beverage. The company primarily operates in North America and Europe.

Strategy

XPO logistics aims to be a global leader in providing cutting-edge supply chain solutions to the tier 1 companies in world. The company strategizes to achieve its growth through constant innovations in four areas namely automation and intelligent machines, visibility and customer service, digital freight marketplace, and data science. Also, the company plans to achieve its business growth through expansions and acquisitions to cover its global markets.

Company Snapshot

$14,619M

Revenue

100,000

Employees

1989

Founded

US

Headquarters

SWOT Analysis

Strengths

Strong clientele
Strong market position

Weaknesses

Dependence on US for revenue generation

Opportunities

Focus on innovation in services
Growth opportunities in air freight and logistics market

Threats

Stringent government regulations
Intense competition
Reliance on third parties

Key Developments

Date	Approach	Development
–	Product Development	XPO Logistics, Inc., a global provider of transportation and logistics solutions, launched XPO Connect in Europe. XPO Connect is a cloud-based, digital freight marketplace that matches supply with demand across the company’s transportation ecosystem, with virtual tools for buying and selling capacity. Being the unique platform in the industry, XPO Connect transforms visibility into business intelligence transacting for capacity and aims to drive significant efficiencies throughout their customers’ supply chains.
–	Expansion	XPO Logistics expanded its last-mile logistics service of heavy goods to Europe. XPO provides services to new markets including the UK, Ireland, the Netherlands, Spain, and France, and aims to manage more than 750,000 last-mile deliveries from retailers and e-commerce companies in Europe This enables XPO to scale its services and provide results-driven performance along with its boom in e-commerce

Product Offering

XPO Logistics, Inc.
- Drayage
- Expedite
- Full Truckload
- Global Forwarding
- Intermodal
- Last Mile
- Less than Truckload
- Managed Transportation
- Supply Chain

Financial Performance

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