STOCK TITAN

XPO Launches In-house, Over-the-Road Operation to Improve Linehaul Network Efficiency

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
XPO launches Road Flex program to insource third-party linehaul carrier miles and improve efficiency and service for customers.
Positive
  • XPO is launching the Road Flex program to insource third-party linehaul carrier miles, which is expected to drive greater efficiency and cost savings. The program is already underway with sleeper team runs from bases in Dallas, Texas and Phoenix, Arizona. XPO plans to expand the operation to additional service centers in 2024. The company is recruiting teams of long-haul drivers who will run dedicated routes between XPO facilities in trucks equipped with sleeping quarters and other amenities. XPO is committed to providing workplace flexibility, balance, and industry-leading compensation and benefits.
Negative
  • None.

GREENWICH, Conn. , Oct. 24, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, is launching an in-house, over-the-road operation staffed exclusively by team drivers. The Road Flex program is part of the company’s previously announced strategy to insource third-party linehaul carrier miles to drive greater efficiency, expected cost savings and better service for customers.

The Road Flex program is already underway with sleeper team runs from bases in Dallas, Texas and Phoenix, Arizona. The company expects to expand this operation to a carefully selected group of additional service centers in 2024.

To support the program, the company is recruiting teams of long-haul drivers who will run dedicated routes between XPO facilities in trucks equipped with sleeping quarters and other amenities to ensure a comfortable on-the-road experience.

Tim Staroba, president of the East Division at XPO, said, "The launch of the Road Flex operation is a key step in accelerating our plan to insource third-party linehaul miles and create greater efficiency in our network. It’ll enable us both to reduce costs and improve service for our customers by minimizing freight re-handling and expediting deliveries. We look forward to the growth of this new program and the great team drivers who will be joining XPO to support it.”

A typical workweek for Road Flex team drivers will consist of five days on the road, followed by two days off. While schedules may occasionally vary based on network conditions, XPO is committed to providing workplace flexibility and balance, along with industry-leading compensation and benefits. For more information about XPO's Road Flex program and related career opportunities, please visit https://www.xpo.com/teams

About XPO
XPO, Inc. (NYSE: XPO) is one of the largest providers of asset-based less-than-truckload (LTL) transportation in North America, with proprietary technology that moves goods efficiently through its network. Together with its business in Europe, XPO serves approximately 49,000 customers with 562 locations and 37,000 employees. The company is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on FacebookXLinkedInInstagram and YouTube.

Media Contact
Karina Frayter 
+1 203-484-8303 
karina.frayter@xpo.com


FAQ

What is XPO's Road Flex program?

XPO's Road Flex program is an in-house, over-the-road operation staffed exclusively by team drivers. It is part of XPO's strategy to insource third-party linehaul carrier miles to improve efficiency and service for customers.

Where is the Road Flex program already underway?

The Road Flex program is already underway with sleeper team runs from bases in Dallas, Texas and Phoenix, Arizona.

What are the benefits for team drivers in the Road Flex program?

Team drivers in the Road Flex program will have a typical workweek consisting of five days on the road followed by two days off. XPO is committed to providing workplace flexibility, balance, industry-leading compensation, and benefits.

How will the Road Flex program benefit XPO's customers?

The Road Flex program is expected to drive greater efficiency and cost savings, minimize freight re-handling, and expedite deliveries, resulting in improved service for XPO's customers.

How can I learn more about XPO's Road Flex program and career opportunities?

For more information about XPO's Road Flex program and related career opportunities, you can visit their website at https://www.xpo.com/teams.

XPO, Inc.

NYSE:XPO

XPO Rankings

XPO Latest News

XPO Stock Data

17.59B
114.12M
0.84%
104.96%
5.81%
Trucking
Transportation Services
Link
United States of America
GREENWICH