STOCK TITAN

XPO Logistics Pilots Intelligent Reach Truck Technology in France

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

XPO Logistics (NYSE: XPO), a leader in transport and logistics, has launched a new technology pilot program in collaboration with Balyo, focusing on robotic reach trucks. This initiative marks XPO as the first logistics company in Europe to test Balyo's robotic equipment in real conditions at a distribution center in Blois, France. The robots can reach up to 11 meters and handle 10-20 pallets per hour, enhancing efficiency while working alongside employees. This partnership aims to optimize logistics performance and drive innovation in the field.

Positive
  • First logistics company in Europe to test Balyo's latest robotic reach truck.
  • Robots can reach heights of 11 meters and handle 10-20 pallets per hour.
  • Collaboration with Balyo to enhance operational efficiency.
Negative
  • None.

GREENWICH, Conn., March 24, 2021 (GLOBE NEWSWIRE) --  XPO Logistics Inc. (NYSE: XPO), a leading global provider of transport and logistics solutions, has announced a new technology pilot program in collaboration with Balyo, a specialist developer of robotics for handling goods. XPO is the first logistics company in Europe to test Balyo’s latest robotic reach truck under real-life conditions. The pilot is underway at an XPO distribution center near Blois, France.

Malcolm Wilson, XPO’s chief executive officer – Europe, said, “We’re pleased that our on-site tests will help optimize intelligent reach trucks for the logistics environment. As we pilot the robotics in our operations, we’re also exploring these applications to increase efficiency for customers and to support our employees.”

Pascal Rialland, chief executive officer at Balyo, said, “We’re working closely with XPO to enhance our latest robotic reach technology for their state-of-the-art distribution centers. Our collaboration validates the performance of our autonomous robots in specific applications in order to deliver the greatest benefit to XPO’s operations.”

The robotic trucks in the pilot program have an overhead reach of up to 11 meters and can maneuver through aisles as narrow as 2.9 meters, while moving 10 to 20 pallets per hour, depending on the application. They operate safely in mixed facility settings, working alongside employees and traditional forklifts. Balyo develops its autonomous reach robots in collaboration with Linde Material Handling.

“The pilots leverage our longstanding relationship with XPO and our exciting partnership with Balyo,” said Holger Böhme, vice president, international key accounts, Linde Material Handling. “Together, we’re advancing efficient logistics operations and technologies to deliver significant benefits every day.”

About XPO Logistics 
XPO Logistics, Inc. (NYSE: XPO) provides cutting-edge supply chain solutions to the most successful companies in the world. The company is the second largest contract logistics provider and the second largest freight broker globally, and a top three less-than-truckload provider in North America. XPO uses a highly integrated network of 1,629 locations and over 100,000 employees in 30 countries to help more than 50,000 customers manage their supply chains most efficiently. The company’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 FacebookTwitterLinkedInInstagram and YouTube

Media Contacts
XPO Logistics, Inc.
Joe Checkler
+1-203-423-2098
joe.checkler@xpo.com

XPO Logistics Europe
Anne Lafourcade
+33 (0)6 75 22 52 90
anne.lafourcade@xpo.com


FAQ

What is the purpose of XPO's new technology pilot program with Balyo?

The program aims to test robotic reach trucks to optimize logistics operations and increase efficiency.

Where is XPO's robotic reach truck pilot program taking place?

The pilot program is being conducted at an XPO distribution center near Blois, France.

What capabilities do the robotic trucks being tested by XPO have?

The trucks can reach up to 11 meters and move 10 to 20 pallets per hour, depending on the application.

Who is collaborating with XPO on the robotic reach truck project?

XPO is collaborating with Balyo, a developer of robotics for handling goods.

What benefits does XPO expect from the robotic reach truck pilot program?

XPO expects to enhance operational efficiency and improve logistics performance through the use of autonomous robots.

XPO, Inc.

NYSE:XPO

XPO Rankings

XPO Latest News

XPO Stock Data

15.72B
114.12M
0.82%
104.97%
5.15%
Trucking
Transportation Services
Link
United States of America
GREENWICH