XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has seen a 24% spike in e-fulfillment volume at its U.S. contract logistics facilities during the period of Black Friday through Cyber Monday. Consumers are driving the year-over-year growth as they increasingly turn to e-tailers for mobile flexibility and fast delivery times.
XPO has hired approximately 6,000 seasonal workers for its U.S. contract logistics operations, an increase of 20% from 2016, due primarily to the growth in e-commerce. Earlier this year, the company launched a unique, end-to-end service offering that helps e-commerce companies and omnichannel retailers move goods through their supply chains using XPO’s last mile, less-than-truckload and logistics networks in an integrated solution.
Troy Cooper, chief operating officer of XPO Logistics, said, "The dynamic growth we’re seeing in e-commerce is giving us exciting new ways to support our customers. We’re using advanced technology in our warehouses to predict upcoming volumes, and our latest mobile applications enhance consumer satisfaction.”
Forward-looking Statements
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