STOCK TITAN

XPO Logistics Appoints Erik Caldwell as President of Last Mile Business Unit in North America

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

XPO Logistics (NYSE: XPO) announces the appointment of Erik Caldwell as president of its last mile business unit, overseeing operations in the US and Canada. This unit is responsible for over 10 million home deliveries of large goods annually, including appliances and furniture. Caldwell brings 16 years of experience from retail and industrial supply chains, having joined XPO in 2017 as COO. His expertise aligns with the company's strategy to leverage e-commerce growth. This leadership change is expected to enhance XPO's service efficiency and market competitiveness.

Positive
  • Appointment of Erik Caldwell as president of the last mile business unit aligns with growth strategies.
  • Caldwell's extensive experience in supply chain management could enhance operational efficiency.
  • Focus on e-commerce and omnichannel opportunities positions XPO favorably in the market.
Negative
  • None.

GREENWICH, Conn., Sept. 08, 2020 (GLOBE NEWSWIRE) --  XPO Logistics, Inc. (NYSE: XPO), the largest provider of last mile logistics for heavy goods in North America, today announced the appointment of Erik Caldwell as president of its last mile business unit. Caldwell has P&L responsibility for XPO’s last mile operations in the US and Canada. The unit manages more than 10 million home deliveries and installations of big and bulky products annually, including appliances, exercise equipment and furniture.

Caldwell has 16 years of executive experience with retail and industrial supply chains. He joined XPO in 2017 as chief operating officer, supply chain – Americas and Asia Pacific. Previously, Caldwell was senior vice president, supply chain and digital operations with Hudson's Bay Company; senior vice president, global Rx operations with Luxottica; and director of retail solutions with DHL, where he also served as regional director of last mile operations. Earlier, he consulted on global operations for McKinsey & Company. He holds a master of engineering degree in supply chain management from Massachusetts Institute of Technology and a bachelor of science degree from the US Military Academy at West Point.

Drew Wilkerson, XPO’s president of North American transportation, said, “I’m extremely pleased that Erik has joined the transportation leadership team as head of last mile. His expertise is a strong fit with our last mile growth strategy, as we continue to capitalize on e-commerce and omnichannel opportunities.”  

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 1,506 locations and approximately 96,000 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. xpo.com

Media Contact
XPO Logistics, Inc.
Erin Kurtz
+1-203-489-1586
erin.kurtz@xpo.com


FAQ

Who is the new president of XPO's last mile business unit?

Erik Caldwell has been appointed as the new president of XPO's last mile business unit.

What responsibilities does Erik Caldwell have at XPO?

Caldwell has P&L responsibility for last mile operations in the US and Canada, managing over 10 million deliveries annually.

What is the impact of Caldwell's appointment on XPO Logistics?

Caldwell's appointment is expected to enhance XPO's operational efficiency and capitalize on e-commerce growth.

What is the background of Erik Caldwell?

Caldwell has 16 years of experience in supply chains, previously serving at Hudson's Bay Company and Luxottica, and holds degrees from MIT and West Point.

XPO, Inc.

NYSE:XPO

XPO Rankings

XPO Latest News

XPO Stock Data

16.93B
114.12M
0.84%
104.96%
5.81%
Trucking
Transportation Services
Link
United States of America
GREENWICH