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XPO Named One of America's Most Innovative Companies by Fortune
XPOXPO(XPO) Newsfilter·2025-03-26 14:00

Core Insights - XPO has been recognized by Fortune as one of America's Most Innovative Companies for 2025, being the only pure play LTL carrier on the list [1][2][3] Company Overview - XPO, Inc. is a leader in asset-based less-than-truckload (LTL) freight transportation in North America, moving 18 billion pounds of freight annually and serving approximately 55,000 customers [4] - The company operates 614 locations and employs 38,000 people across North America and Europe, with its headquarters in Greenwich, Connecticut [4] Innovation Recognition - The "Most Innovative Companies" list is based on independent scores in three key categories, reflecting the company's commitment to customer service, network expansion, and technology [2][3] - Fortune partnered with Statista to evaluate over 10,000 U.S.-headquartered companies, with input from a survey of over 40,000 individuals and a panel of 2,500 experts [3] Innovation Culture - XPO's culture of innovation has led to record service quality levels in 2024, including the lowest damage claims ratio in company history and 11 consecutive quarters of on-time service improvements [5] Process Innovation - The company utilizes artificial intelligence and proprietary technology to efficiently transport 18 billion pounds of freight annually, supported by 23,000 employees and over 300 service centers [5] Product Innovation - XPO has opened 25 new service centers in key U.S. markets over the past year, enhancing customer access and capacity [5] - The company has introduced new Premium Services for complex shipments, including cross-border transportation and specialized product rollouts [5]