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XPO Logistics Announces Expanding the Less-Than-Truckload Network With New Terminals, Maintenance Shops, and Trailer Manufacturing Capacity

Greenwich, Conn. – WEBWIRE – Saturday, January 22, 2022 XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services, announced the opening of two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing facility, and will open four…

Greenwich, Conn. – WEBWIRE

XPO logistics, Inc. (NYSE : XPO ),, a leader in freight transportation services, has announced the opening two less-than truckload (LTL), terminals to expand its customer service capacity across North America. The company also increased its production capacity at its trailer manufacturing plant and will open four additional fleet maintenance shops in the next quarter.

This announcement is the latest step in XPOs previously stated plan to increase growth and efficiencies within its North American LTL network. In October 2021, the company opened a 264-door terminal in Chicago Heights, Illinois, and initiated actions to enhance freight flows in the face of increasing demand. XPOs LTL investments for the current quarter include

  • 26 new doors at a cross-dock terminal in Sheboygan, Wisconsin;
  • 24 new doors at a cross-dock terminal in Texarkana, Arkansas;
  • New fleet maintenance shops at terminals in Ohio, Florida, New York and Nevada; and
  • Equipment upgrades to the companys LTL trailer manufacturing facility in Searcy, Arkansas, with the expectation of nearly doubling the year-over-year number of units produced in 2022.

Mario Harik, acting president, less-than-truckload, and chief information officer of XPO Logistics, said, 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. Our investments in this high-ROIC business will benefit customers across our national LTL platform.

North American LTL Strategic Actions

XPOs extensive LTL plan will help to increase network efficiency and support future revenue growth. The company plans to:

  • Expand its North American LTL door count by 900 doors, or approximately 6%, by year-end 2023;
  • Further improve network flow with targeted initiatives;
  • Continue to implement accessorial charges for detained trailers, oversized freight and special handling;
  • Expand the 2022 graduate count at its US driver training schools, approximately doubling the 2021 count; and
  • Significantly increase the number of units produced at its trailer manufacturing facility.

XPO has one of the largest LTL networks in North America, with approximately 21,000 employees, 291 terminals and 13 million shipments in 2021.

About XPO Logistics

XPO logistics, Inc. (NYSE – XPO ), a leader in freight transportation services, primarily truck brokerage, and less-than-truckload LTL. XPO’s proprietary technology, which includes the cutting-edge XPOConnect(r) automated freight marketplace, allows it to efficiently move goods through supply chains. The companys global network serves 50,000 shippers with 756 locations and approximately 42,000 employees, and is headquartered in Greenwich, Conn., USA. Visit xpo.com

Forward-looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Ac

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