XPO Logistics Expands Environmentally Friendly Fleet of Mega-Trucks and Semi-Trailers in Spain

Rhea-AI Summary

XPO Logistics has made a strategic investment in Spain by acquiring 10 mega-trucks and 280 semi-trailers to enhance its eco-friendly fleet. The new mega-trucks can reduce carbon emissions by up to 20% and allow for 65% more freight per trip. The investment will expand XPO's less-than-truckload (LTL) network, covering key routes between major cities like Valencia, Malaga, and Madrid. With this addition, XPO's semi-trailer fleet now totals approximately 2,400 units, reinforcing its leadership in pallet transport in Spain.

Positive

• Investment of 10 mega-trucks and 280 semi-trailers enhances eco-friendly fleet.
• Mega-trucks can reduce carbon emissions by up to 20%.
• Expansion of less-than-truckload (LTL) network improves service routes.
• Total semi-trailer fleet size increased to approximately 2,400 units.

Negative

• None.

GREENWICH, Conn., Oct. 20, 2020 (GLOBE NEWSWIRE) --  XPO Logistics, a leading global provider of transport and logistics solutions, has invested in purchasing 10 additional mega-trucks and 280 semi-trailers in Spain, strengthening its eco-friendly fleet capacity. Mega-trucks have the potential to reduce carbon emissions by up to 20% compared with traditional trucks, as each 25.25-metre vehicle is able to transport 65% more freight per trip.

XPO will use its 25 mega-trucks to cover routes in its less-than-truckload (LTL) network, expanding service between Valencia and Malaga, Barcelona and Madrid, and Seville and Granada. The company is a leader in LTL pallet transport in Spain, with over five million pallets delivered in 2019.

The new semi-trailers will be used for full truckload and LTL service across the Iberian Peninsula and Morocco. Each 13.6-metre unit has the capacity to transport up to 25 tonnes of freight using best-in-class transport technology for safety and efficiency. The expansion increases XPO’s semi-trailer fleet to approximately 2,400 units.

Massimo Marsili, managing director, transport – Iberia, XPO Logistics, said, “We’re proud to be a green transport leader in Spain, where our commitment to reduce emissions serves our customers and helps to protect the planet. Our fleet investments integrate the latest innovations into our operations, allowing us to grow the business while delighting our customers and contributing to a greener future for freight transport.”

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.
Joseph Checkler
+1 203-423-2098
Joseph.Checkler@xpo.com

FAQ

What recent fleet investment did XPO Logistics make in Spain?

XPO Logistics invested in 10 mega-trucks and 280 semi-trailers in Spain.

How do mega-trucks impact carbon emissions according to XPO?

Mega-trucks can reduce carbon emissions by up to 20% compared to traditional trucks.

What routes will the new mega-trucks cover?

The new mega-trucks will cover routes between Valencia and Malaga, Barcelona and Madrid, and Seville and Granada.

What is the total number of semi-trailers XPO now operates?

XPO's semi-trailer fleet has expanded to approximately 2,400 units.