Conf call redux: Stunning XPO – 'the cycle of all cycles...'
…is on its way, if we can just cut through the word forest
AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORD
AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORD
NORTHAMPTON, UK – 27 July 2017 – XPO Logistics, a leading global provider of transport and logistics solutions, has won a new contract with VWR International, a worldwide supplier of products, services and solutions to the pharmaceutical, biotechnology, industrial, education, government and healthcare sectors for over 165 years. XPO will manage distribution of VWR’s products to over 9,000 facilities across the UK, collecting an estimated 2,500 cases per day from the customer service centre in Lutterworth, Leicestershire.
XPO’s dedicated transport solution for VWR includes the specialist handling of hazardous and temperature-sensitive substances, delivered primarily to hospitals, universities and laboratories. Twenty-five trucks will operate through six hubs to handle next-day and timed deliveries, with additional capacity available through XPO’s night deliveries network. XPO staff will manage the distribution process on site at Lutterworth, which stocks approximately 40,000 product lines.
“We approached XPO Logistics because of their expertise in handling hazardous, time-sensitive goods, which is important to our customers. Additionally, XPO’s dedicated fleet and broad capacity give us the resources to flex volumes when we need to,” said Martin Glover, VWR’s UK operations director. “XPO’s safety record and ISO 9001 and ISO 14001 quality standard accreditations give us confidence that our needs will be met and our growth objectives supported.”
XPO and VWR have jointly developed training programmes for staff involved in the handling of sensitive products, and XPO has drawn on its technological expertise to tailor tracking and reporting software for VWR. All systems and sites are in full compliance with ADR requirements.
Simon Doran, business unit director, XPO Logistics, said, “VWR has complex logistics needs for the critical distribution of products that save lives every day. We can provide storage in strategic locations closer to their customers, to reduce delivery costs and lead times. We look forward to adding significant value to VWR’s supply chain and supporting their objectives for time-sensitive distribution and safe handling.”
ENDS
About XPO Logistics, Inc.
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. XPO Logistics has 197 locations in the United Kingdom, including approximately 3.5 million square metres of warehousing, and over 18,000 employees. The company offers comprehensive solutions for transport, global forwarding and logistics, including e-fulfilment, reverse and temperature controlled logistics, VAS, bonded and COMAH warehousing, and the UK’s largest owned ADR pallet network. XPO Logistics serves customers in multiple verticals, including food and beverage, retail, aerospace, automotive, chemicals, high tech, pharmaceuticals, textiles and publishing. uk.xpo.com
XPO’s corporate headquarters is in Greenwich, Conn., USA, and its European headquarters is in Lyon, France. The company operates as a highly integrated network of people, technology and physical assets in 34 countries, with over 89,000 employees and 1,431 locations. XPO uses its network to help more than 50,000 customers manage their goods more efficiently throughout their supply chains. The company conducts the majority of its European operations through its subsidiary, XPO Logistics Europe SA, in which it holds an 86.25% controlling interest. The remaining stock is traded as XPO on Euronext Paris - Isin FR0000052870. europe.xpo.com
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