XPO Logistics has announced the launch of XPO Connect in Europe. XPO Connect is a cloud-based, digital freight marketplace that matches supply with demand across the company’s transportation ecosystem, with virtual tools for buying and selling capacity.
Mario Harik, chief information officer, XPO Logistics, said, “XPO Connect transforms visibility into business intelligence when transacting for capacity. Our proprietary algorithms turn torrents of data into relevant information in seconds, enhancing decision-making. Our goal, as always, is to drive significant efficiencies throughout our customers’ supply chains.”
XPO invests approximately $500m in technology annually across its global organisation. Developments include the XPO Connect marketplace, the Drive XPO app for carriers, consumer voice tracking for home deliveries of heavy goods, a proprietary warehouse management system and the implementation of collaborative robots in the company’s distribution centres.
Source: XPO Logistics