XPO Logistics has introduced a cloud-based freight marketplace called XPO Connect that is designed to give shippers visibility across freight modes to improve the efficiency of the supply chain.
Through XPO Connect shippers are able to access business intelligence that can help them to purchase transportation more efficiently. For example, they are able to see fluctuations in capacity, spot rates, and load postings by geography. Shippers can also access carrier capacity, assign loads and track freight movements, using a single login to the XPO Connect platform.
The XPO Connect platform is able to integrate all modes of transportation as well, allowing shippers to have a broader view of the freight marketplace.
“We’re tireless when it comes to finding new ways to make supply chains more efficient,” said Mario Harik, chief information officer. “XPO Connect gives customers direct access to our transportation network and the predictive data that powers it. The platform provides a new level of visibility that informs better decision-making under all market conditions.”
XPO has been investing heavily in technology annually in order to develop technology systems and mobile applications including the company’s Freight Optimizer brokerage system, Drive XPO mobile capabilities for carriers, Ship XPO tools for e-commerce, and its WMx warehouse management platform.
“We’re leveraging our leading positions across the supply chain to help companies transform how they do business,” said Troy Cooper, chief operating officer of XPO Logistics. “The investments we’re making in disruptive technology will change the game in transportation and logistics. XPO Connect gives our customers industry-first access to each new capability.”