XPO developing 4 LTL tech initiatives

GREENWICH, Conn. — Global transportation and logistics services provider XPO Logistics is working to develop four new technology initiatives at the core of its LTL 2.0 optimization plan for less-than-truckload shipping. The company, which recently reported the best third quarter operating ratio in 30 years for its LTL unit, expects to generate approximately $100 million in incremental operating profit over the next two years from proprietary technology underlying LTL 2.0.