Freight Recession Hasn’t Slowed XPO Down

Less-than-truckload carriers are facing a challenging freight backdrop and more difficult comparisons as the industry anniversary of the bankruptcy of a major competitor approaches. In this Talking Transports podcast, Mario Harik, XPO’s chief executive officer joins Lee Klaskow, Bloomberg Intelligence senior transportation & logistics analyst, to share how the company is buffering these difficulties with a number of self-help initiatives called its LTL 2.0 strategy. This is yielding a more efficient and profitable network, as well as fueling better service metrics, such as on casualty claims and on-time performance. These productivity improvements and recent capacity additions should position XPO well for when the freight market turns. Harik also talks about electric trucks, operating driving schools and leveraging technology.

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