Skip to content
Search AI Powered

Latest Stories

XPO Logistics expands LTL network

Freight transportation provider adds terminals, maintenance shops and increases trailer manufacturing capacity as part of long-term plan to drive growth, efficiency.

LTL_Q122_expansion_release16-md.jpeg

Freight transportation provider XPO Logistics continues to expand its less-than-truckload (LTL) network, most recently adding terminals and maintenance shops and also increasing production at its Arkansas trailer manufacturing facility, the company said today.


The expansion includes new doors at cross-dock terminals in Sheboygan, Wisc., and Texarkana, Ark., and fleet maintenance shops at terminals in Ohio, Florida, New York, and Nevada. Equipment upgrades at the LTL trailer manufacturing facility in Searcy, Ark., are expected to nearly double the number of units produced this year compared to 2021, company officials said.

The moves follow the opening of a 264-door terminal in Chicago Heights, Ill., last October and are part of the company’s previously announced, long-term plan to drive growth and efficiencies in its North American LTL network.

Future plans include expanding its North American LTL door count by 6% by the end of 2023; continuing to implement accessorial charges for detained trailers, oversized freight, and special handling; expanding the graduate count at its U.S. driver training schools in 2022, with plans to nearly double the number of graduates compared to 2021; and “significantly” increasing the number of units produced at its trailer manufacturing facility.

“The strategic actions we initiated in the fourth quarter began showing results in a matter of weeks, giving us good traction for the execution of our plan in 2022,” Mario Harik, acting president, less-than-truckload, and chief information officer of XPO Logistics, said in a statement Tuesday. “Our investments in this high-ROIC business will benefit customers across our national LTL platform.”

The Latest

More Stories

team collaborating on data with laptops

Gartner: data governance strategy is key to making AI pay off

Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.

"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”

Keep ReadingShow less

Featured

dexory robot counting warehouse inventory

Dexory raises $80 million for inventory-counting robots

The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.

A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.

Keep ReadingShow less
container cranes and trucks at DB Schenker yard

Deutsche Bahn says sale of DB Schenker will cut debt, improve rail

German rail giant Deutsche Bahn AG yesterday said it will cut its debt and boost its focus on improving rail infrastructure thanks to its formal approval of the deal to sell its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for a total price of $16.3 billion.

Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.

Keep ReadingShow less
containers stacked in a yard

Reinke moves from TIA to IANA in top office

Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.

Reinke will take her new job upon the retirement of Joni Casey at the end of the year. Casey had announced in July that she would step down after 27 years at the helm of IANA.

Keep ReadingShow less
NOAA weather map of hurricane helene

Florida braces for impact of Hurricane Helene

Serious inland flooding and widespread power outages are likely to sweep across Florida and other Southeast states in coming days with the arrival of Hurricane Helene, which is now predicted to make landfall Thursday evening along Florida’s northwest coast as a major hurricane, according to the National Oceanic and Atmospheric Administration (NOAA).

While the most catastrophic landfall impact is expected in the sparsely-population Big Bend area of Florida, it’s not only sea-front cities that are at risk. Since Helene is an “unusually large storm,” its flooding, rainfall, and high winds won’t be limited only to the Gulf Coast, but are expected to travel hundreds of miles inland, the weather service said. Heavy rainfall is expected to begin in the region even before the storm comes ashore, and the wet conditions will continue to move northward into the southern Appalachians region through Friday, dumping storm total rainfall amounts of up to 18 inches. Specifically, the major flood risk includes the urban areas around Tallahassee, metro Atlanta, and western North Carolina.

Keep ReadingShow less