XPO Logistics in Europe
XPO Logistics (XPO) has the largest road transportation fleet in Europe. The company offers full truckload, last-mile logistics, and LTL (less-than-truckload) transportation services in the Eurozone.
XPO has the largest less-than-truckload transportation network in Western Europe. The company’s lane density for transportation in the Eurozone covers ~90.0% of this region’s GDP. According to XPO, its European transportation business, truck brokerage, LTL, and last-mile logistics operations comprise around 80.0% of its European transportation segment’s EBITDA.[1. earnings before interest, taxes, depreciation, and amortization]
XPO has been able to make significant inroads into the European market as a result of its acquisition of Norbert Dentressangle for $3.5 billion in 2015.