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An XPO Logistics (NYSE: XPO) executive forecast Thursday that XPO might need an additional 25-30% of delivery capacity during this fall’s strong peak season.
“We want to go into this peak period and really prove that we’re ready for the Super Bowl and ready to do this,” XPO Last Mile President Erik Caldwell told FreightWaves President George Abernathy during the keynote event, “How Changes in Consumer Demand Are Reshaping the Last Mile,” as part of Thursday’s virtual FreightWaves Last Mile Logistics Summit.
That additional 25-30% of additional delivery capacity would be on top of what XPO was running this summer, Caldwell said, noting that the company’s summer volumes were even higher than what was delivered during the 2019 peak season.
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By FreightWaves4.7
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An XPO Logistics (NYSE: XPO) executive forecast Thursday that XPO might need an additional 25-30% of delivery capacity during this fall’s strong peak season.
“We want to go into this peak period and really prove that we’re ready for the Super Bowl and ready to do this,” XPO Last Mile President Erik Caldwell told FreightWaves President George Abernathy during the keynote event, “How Changes in Consumer Demand Are Reshaping the Last Mile,” as part of Thursday’s virtual FreightWaves Last Mile Logistics Summit.
That additional 25-30% of additional delivery capacity would be on top of what XPO was running this summer, Caldwell said, noting that the company’s summer volumes were even higher than what was delivered during the 2019 peak season.
Watch
Apple Podcast
Spotify
More FreightWaves Podcasts
Visit FreightCasts sponsor: Convoy makes it easy to get your full truckload freight covered by high-quality carriers at competitive rates. To get an instant quote and 100% tender acceptance guarantees, click here.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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