Iceland Extends Distribution Partnership with XPO Logistics

Rhea-AI Summary

XPO Logistics has renewed its contract with frozen food retailer Iceland Foods for warehousing and distribution services, extending their partnership to over a decade. The phased strategy aims to enhance growth capacity through technology and labor optimization, along with fleet improvements and cost savings. XPO's solution includes six dedicated Iceland warehouses and additional support to meet peak demands. The collaboration has led to annual improvements in safety performance despite challenges posed by COVID-19.

Positive

• Contract renewal extends partnership with Iceland Foods to over 10 years.
• Phased strategy aims to enhance growth capacity and operational efficiency.
• Improvements in safety performance reported annually.

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• None.

GREENWICH, Conn., Jan. 19, 2021 (GLOBE NEWSWIRE) --  XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has renewed its contract with frozen food retail leader Iceland Foods for warehousing and distribution services. XPO will implement a phased strategy to increase growth capacity for the British supermarket chain, with scalable initiatives for technology, labor optimization, fleet optimization and cost savings. The renewal extends XPO’s partnership with Iceland to more than a decade.

XPO’s distribution solution combines six Iceland warehouses with supplemental capacity at XPO shared-user sites, and additional logistics and transport support as needed for peak demand. XPO manages approximately 3,000 colleagues at Iceland distribution centers in Warrington, Deeside, Enfield, Livingston and two in Swindon. The companies co-developed a behavioral safety programme for site colleagues, resulting in consecutive annual improvements in safety performance, including 2020, during COVID-19.

“We’re delighted to take the next steps with XPO in positioning our supply chain for ongoing growth,” said Steve Pennington, supply chain director, Iceland Foods. “Together, we’re achieving measurable improvements in safety and operational excellence, while continuing to give Iceland customers the outstanding service they expect from us.”

Malcolm Wilson, XPO Logistics chief executive officer for Europe, said, “The teams at Iceland and XPO collaborate daily to make the most of the synergies in our combined network. We’re excited to use our technology and expertise to deliver the next level of results for Iceland through our greatest asset, our people.”

About XPO Logistics
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 30 countries, with 1,629 locations and more than 100,000 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 are in Greenwich, Conn., USA, and its European headquarters are in Lyon, France. Visit xpo.com for more information, and connect with XPO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Media Contact
XPO Logistics, Inc.
Joe Checkler
+1-203-423-2098

FAQ

What is the significance of XPO's contract renewal with Iceland Foods in January 2021?

The contract renewal signifies an ongoing partnership that aims to enhance growth capacity and operational efficiency for Iceland Foods.

How long is the renewed contract between XPO and Iceland Foods?

The renewed contract extends their partnership to over 10 years.

What improvements are expected from the renewed XPO-Iceland Foods partnership?

The partnership aims to implement technology and labor optimization, fleet improvements, and cost savings.

What impact has the collaboration had on safety performance at Iceland distribution centers?

The collaboration has resulted in annual improvements in safety performance, even during the COVID-19 pandemic.