SANTANDER, SPAIN – November 27th 2018 – XPO Logistics, a leading global provider of transportation and logistics solutions, has announced the recent launch of a new mega-truck route connecting its less-than-truckload (LTL) sites in Barcelona and Valencia. Two XPO mega-trucks will use the route daily to transport pallets of freight for distribution.
Mega-trucks have a length of 25.25 meters and a maximum load of 60 tons, as compared with the standard 40-ton trucks previously used. Due to their larger load capacity, the mega-trucks are expected to reduce CO2 emissions by approximately 20% on the route.
Massimo Marsili, managing director, transport, for XPO Logistics in Spain, Portugal and Morocco, said, “In recent years, we have increased our business in the Mediterranean area, which has resulted in higher volumes in our distribution and pallet services. We now deliver more than four million pallets per year in Spain alone. This new mega-truck route between our Barcelona and Valencia hubs reinforces the environmental efficiency of our operations, as well as our leadership in pallet transport.”
XPO has a total fleet of 15 mega-trucks in Spain. The company uses these vehicles to service its own LTL transport network, as well as for specific customers, such as Renault and Aludium. The company plans to increase the number of mega-truck routes connecting its 60 LTL sites in Spain in 2019, further boosting efficiency and minimizing the impact of its activity on the environment.
About XPO Logistics and XPO Logistics Europe
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 1,529 locations and more than 98,000 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. The company conducts the majority of its European operations through its subsidiary, XPO Logistics Europe, in which it holds an 86.25% controlling interest. The remaining stock is traded as XPO on Euronext Paris - Isin FR0000052870. europe.xpo.com
This press release includes forward-looking statements within the meaning of United States federal securities law. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. All forward-looking statements set forth in this press release are qualified by factors that might cause or contribute to a material difference in actual results, as discussed in XPO's filings with the U.S. Securities and Exchange Commission and linked to the investor relations section of the company's website, www.xpo.com, including: economic conditions generally; competition; XPO’s ability to match its investments in equipment, service centers and warehouses with customer demand; XPO’s ability to attract and retain key employees; and XPO’s ability to develop and implement a suitable information technology system. Forward-looking statements set forth in this press release speak only as of the date hereof, and XPO undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.
Corporate Communication Director - Europe