XPO Logistics, Inc. (NYSE: XPO) is one of the fastest growing providers of freight management services in North America. Our company's three business units – freight brokerage, expedited transportation and freight forwarding – use relationships with more than 22,000 ground, sea and air carriers to serve over 8,500 customers in the manufacturing, industrial, retail, commercial, life sciences and government sectors. XPO is built to deliver constant growth in truck capacity, passionate service and technological innovation through 62 locations in the United States and Canada.
XPO’s current revenue run rate represents only about 1% of the $50 billion addressable market. Our goal is to attain 10% market share over the next several years and rise through the ranks as a leading freight management provider. Our company was ranked as the 17th largest freight brokerage firm in North America in 2012, our expedited division is already a top five provider, and our freight forwarding division is building business through a revitalized network.*
Technology fuels our growth
Innovation is in our DNA. We believe that technology can truly help optimize customer workflows and revolutionize how goods are shipped. We plan to transform transportation logistics through technology – and our multi-million dollar commitment to IT underscores its importance in our growth strategy.
Our IT blueprint includes robust software applications for our truckload and LTL brokerage business. Phase one of our platform was put in place in 2012, and we've implemented three major upgrades since then. As we continue to execute our master plan, a stream of incremental benefits will pour into our customer relationships.
There’s much more to know about XPO Logistics. Please click on additional links under Our Services and About XPO in the top menu to learn more about our areas of business, leadership, operations and markets. Financial information and corporate governance information can be found in the Investor Relations area.
* Sources: Transport Topics and The Journal of Logistics