XPO Logistics Announces Fall 2016 General Rate Increase for Less-Than-Truckload Service

Date: 
September 12, 2016
Category: 
XPO

XPO Logistics Announces Fall 2016 General Rate Increase for Less-Than-Truckload Service

GREENWICH, Conn. – September 12, 2016 – XPO Logistics (NYSE: XPO) today announced that it will implement a general rate increase averaging 4.9%, applicable to non-contractual less-than-truckload (LTL) transactions, effective September 26, 2016.

The rate increase will go into effect for customers on the company’s 599 tariff. It will apply to general LTL rates, minimum charges for LTL shipments moving within the United States and Canada, cross-border shipments moving between the United States, Puerto Rico and Canada, and the domestic U.S. portion of shipments into Mexico. Once effective, the new rates can be viewed online at the XPO customer portal, LTL.XPO.com.

XPO is the second largest less-than-truckload provider in North America, ranked number one by shippers for trustworthiness, on-time performance and other critical service criteria in the Mastio LTL Carrier Customer Value and Loyalty Report. The company provides regional and national freight transportation to 99% of all U.S. postal codes, Mexico and Canada, and is a leading LTL provider in Western Europe.

About XPO Logistics, Inc.

XPO Logistics, Inc. (NYSE: XPO) is a top ten global provider of cutting-edge supply chain solutions to the most successful companies in the world. The company provides services for truckload brokerage and transportation, last mile logistics, engineered supply chain solutions, high-value-add warehousing and distribution, ground and air expedite, less-than-truckload transportation, intermodal, drayage, managed transportation and global forwarding. XPO serves more than 50,000 customers with a highly integrated network of over 88,000 employees and 1,440 locations in 34 countries. XPO's corporate headquarters is in Greenwich, Conn., USA, and its European headquarters is in Lyon, France. www.xpo.com

Contacts:

Tavio Headley, 1-203-930-1602
tavio.headley@xpo.com

Gary Frantz, 1-415-819-6013
gary.frantz@xpo.com