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|XPO Logistics to Deploy 5,000 Collaborative Warehouse Robots in North America and Europe|
XPO Logistics to Deploy 5,000 Collaborative Warehouse Robots in North America and Europe
Intelligent automation improves worker productivity and speeds distribution
GREENWICH, Conn. - October 3, 2018 - XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced plans to deploy 5,000 intelligent robots throughout its logistics sites in North America and Europe. The robots, which are designed to collaborate with humans, will supplement XPO's existing workforce and support future growth. XPO has a strategic partnership with robotics manufacturer GreyOrange Pte. Ltd. that makes XPO the exclusive logistics provider for use of its robots in North America, the United Kingdom and eight European countries.
Bradley Jacobs, chief executive officer of XPO Logistics, said, "We've developed our logistics technology to integrate the latest intelligent automation and adapt it at lightning speed. This allows us to dramatically improve fulfillment time and cut costs. The addition of 5,000 collaborative robots will make our logistics operations safer and more productive in picking, packing and sortation. These are important benefits for our customers - particularly in the e-commerce and omnichannel retail sectors, where order speed and accuracy are essential ways to compete."
The autonomous robots are part of a modular goods-to-person system that also includes mobile storage racks and fulfillment stations. Each robot can move a rack weighing approximately 1,000 to 3,500 lbs., bringing it to a station where a worker fulfills up to 48 orders simultaneously. The entire process is controlled by XPO's proprietary warehouse management system. This high-speed, flexible solution supports same-day and next-day deliveries by shortening order-to-shipment times and helping workers minimize walk-time and manual errors.
XPO's latest robotics implementation is part of the company's planned $450 million investment in technology this year. Other recent innovations include the XPO Direct shared-space distribution network, voice integration with Amazon Echo and Google Home to track the last mile delivery of heavy goods, and the XPO Connect digital freight marketplace with multimodal infrastructure.
About XPO Logistics
This press release includes forward-looking statements within the meaning of United States federal securities law. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. All forward-looking statements set forth in this press release are qualified by factors that might cause or contribute to a material difference in actual results, as discussed in XPO's filings with the U.S. Securities and Exchange Commission and linked to the investor relations section of the company's website, www.xpo.com, including: economic conditions generally; competition; XPO's ability to match its investments in equipment, service centers and warehouses with customer demand; XPO's ability to attract and retain key employees; and XPO's ability to develop and implement a suitable information technology system. Forward-looking statements set forth in this press release speak only as of the date hereof, and XPO undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.
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