XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, has confirmed that approximately 100,000 drivers downloaded the Drive XPO™ mobile app in 2019. The app facilitates on-the-road driver access to XPO Connect™, the company’s digital freight marketplace. Carrier registrations on XPO Connect™, currently at over 40,000, are also growing rapidly.
Drive XPO™ gives drivers transacting with XPO’s brokerage service the procurement tools they need to source loads on XPO Connect™ based on time, place, freight and equipment type. The company’s proprietary algorithms analyze spot rates, driving conditions and other factors that impact bid decisions. A virtual counteroffer feature allows shippers and carriers to negotiate in real time, leading to better outcomes on both sides.
Troy Cooper, president of XPO Logistics, said, “XPO is the original disruptor in transportation innovation, and XPO Connect is a leading platform in the industry. Carriers are excited to get such a high level of visibility for their business. Drivers give the app high marks for ease of use and proactive income opportunities, like backhauls that reduce empty miles. These are all reasons behind the rapid adoption we’re seeing.”