Tuesday, June 30, 2015

Agility, the Official Logistics Contractor ITMA 2015

Agility is Official Onsite Logistics Contractor for ITMA 2015, the World’s Largest Textile Machinery Exhibition

HAMBURG - 30 June 2015 - Agility, a leading global logistics provider, has been appointed as the official onsite logistics contractor (OLC) for ITMA 2015, the world’s most established textile and garment technology exhibition.

ITMA 2015 will take place in the fashion capital of Milan from 12 to 19 November 2015. Agility will work in close cooperation with Expotrans S.r.l, Milan, the official freight forwarder and handler in Fiera Milano, to ensure smooth logistics processes on site. Agility Fairs & Events specialists will be responsible for the professional handling of the exhibits and will ensure smooth and timely coordination at the exhibition centre.

Considered the ‘Olympics’ of textile machinery exhibitions, ITMA has over 60 years’ history of displaying the latest in machinery and software for every single work process of textile making. It has been held at different locations every four years since 1951, the last venue being Barcelona in 2011 where Agility was the onsite logistics contractor.

"The nomination as OLC for ITMA 2015 in Milan is a great success for us," says Priscilla Leong, COO of Agility Fairs & Events in a press release. "We are proud of the excellent track record of our Fairs & Events teams in Germany."

“Agility Germany will be responsible for providing onsite logistics services at ITMA 2015. We are delighted that we can contribute our expertise to making the exhibition a successful event for exhibitors and visitors," said Thomas Blank, CEO Area Central Europe at Agility in a press release. "Our Fairs & Events specialists will again demonstrate their competence and professionalism at ITMA 2015 in order to perfectly coordinate complex and time-critical processes prior to and during the event."

Each year, Agility handles more than 1,000 major trade fairs, exhibitions and events and is one of the world's leading logistics service providers in this field.

Friday, June 26, 2015


FOR RELEASE: June 25, 2015, Philadelphia - This week, American Airlines Cargo officially opened the ExpediteTC cold storage pharmaceutical facility in Philadelphia, Pennsylvania. American Airlines is the only airline in the northeastern United States with this state-of-the-art facility that can handle temperature-sensitive, life science and healthcare cargo. Strategically placed in the northeast pharmaceutical corridor, this high-tech facility and its specially trained employees are key elements in the effective handling of the sensitive, valuable and potentially life-saving products shipped through the international cold chain. This facility is a continuation of American’s investment in the infrastructure to support the ExpediteTC time- and temperature-sensitive program.

“With our quickly growing network at American, we see a great importance in investing in our infrastructure and people.” Said Cargo’s president, Jim Butler. “We will continue to evolve our products and services as needed to ensure these sensitive shipments remain just as safe and potent for the end user as designed by the manufacturer.”

The American Airlines Cargo global training programs are designed to provide each and every employee, handler, ramp personnel with the knowledge and skills to properly handle these delicate shipments.

About American Airlines Cargo

American Airlines Cargo is a division of American Airlines Group, the holding company for American Airlines and US Airways. American provides one of the largest cargo networks in the world with cargo terminals and interline connections across the globe.

Every day, American transports cargo between major cities in the United States, Europe, Canada, Mexico, the Caribbean, Latin America and Asia. Together with American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 daily flights worldwide to and from hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia and Phoenix.

Monday, June 22, 2015


Customer loyalty shifting. Four primary market forces identified.
ATLANTA, June 17, 2015 – Industrial distributors are facing changing market conditions that are challenging their long-standing business models. The UPS (NYSE: UPS) Industrial Buying Dynamics study, conducted by global research firm TNS, revealed buyers are increasingly willing to purchase outside of their existing supply base. The study identified four significant forces that are impacting how the relationships between industrial distributors and their customers are being redefined.

According to the UPS study, 38 percent of online industrial product buyers sourced products from a new supplier (vs. 34% in 2013) and 72 percent said they would shift spending to a distributor with a more user-friendly website.

“Customer loyalty today is built on a different foundation than the one distributors have built over generations,” said Brian Littlefield, UPS director of industrial manufacturing and distribution marketing. “Once price and quality standards are met, buyers are willing to explore vendors that better fit their needs, whether for a more convenient website, a better price, or simply someone who quickly answers product questions.”

The UPS study revealed four market forces impacting distributors and provides insights that can help them identify and address their strengths and weaknesses.
1.    Increasing buyer expectations require a more integrated and user-friendly purchase process
2.    Growth of Direct-from-Manufacturer purchasing and online marketplaces
3.    The universal acceptance of, and demand for, B2B e-commerce
4.    Meeting the purchasing habits of Millennials as they become the next generation of purchasing leaders

How distributors can best respond to changing customer demands for product variety and knowledge, convenience and delivery speed, and competitive price varies by market niche. The study found, for example, that buyers are least satisfied in the areas of added-value services (25%) and physical locations (30%).

Additional findings and insights are available in the UPS Industrial Buying Dynamics executive summary, which can be downloaded at ups.com/insights.
The UPS Industrial Buying Dynamics study of 1,500 purchasing professionals in February and March 2015 offers insights to key factors driving the decisions of those who buy or influence the purchase of industrial products. The survey offers distributors a glimpse into their position in the marketplace and highlights potential areas for improvement and growth. This is the second UPS-initiated study of industrial buyers since 2013.
UPS serves manufacturers and distributors of industrial products with comprehensive supply chain services that include end-to-end visibility, warehousing, inventory management, inspections, multi-modal global delivery, returns handling, e-commerce, and insurance and financial services.

About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and its corporate blog can be found at Longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

Friday, June 19, 2015

Jervis B. Webb Wins $17-Million Baggage Handling System Contract at Toronto Airport

Farmington Hills, Mich.  (June 19, 2015) —Jervis B. Webb Company - a subsidiary of Daifuku North America Holding Company and a leading provider of airport baggage handling systems – announced today a $17-million contract with Greater Toronto Airports Authority (GTAA) in Toronto, Ontario, Canada.

In a phased approach, Webb will install seven new crossovers, add five Security in Advance (SIA) matrix systems (in-line scale, camera, Automatic Tag Reader (ATR), and two Manual Encode Baggage Image and Weight Identification System (BIWIS) stations. The work includes modifications and additions to the baggage handling system to support a new operation, allowing transborder passengers to check in at three aisles to reduce transfer time and congestion.

“Based on our relationship and past performance at GTAA, we were able to secure this new project.  We remain dedicated in developing and modifying systems to best serve our client’s needs,” said Rob Schmit, President of Jervis B. Webb Company.  “Our baggage handling experts continue to focus on providing dependable and efficient systems that improve the overall travel experience for passengers flying in and out of Toronto.”

Daifuku provides baggage handling systems and service at hundreds of global installations.  Theairport group consists of Jervis B. Webb Company, BCS Group, Daifuku Logan, Logan Teleflex and Elite Line Services (ELS).

About Jervis B. Webb Company

Jervis B. Webb Company is a subsidiary of Daifuku North America Holding Company, which is a leading developer of innovative material handling technology such as Automatic Guided Vehicles (AGVs), Automated Storage and Retrieval Systems (AS/RS), conveyors, baggage handling systems, bulk handling systems, cleanroom systems and airport maintenance services. Daifuku North America consists of Daifuku America Corporation, Jervis B. Webb Company, Elite Line Services, Logan Teleflex, Inc., and Wynright Corporation.  Daifuku North America specializes in the design, engineering, manufacturing, installation and service of integrated systems used in the automotive, airport, semiconductor, LCD equipment, food/beverage, bulk, warehousing and manufacturing industries. Daifuku North America is headquartered in Farmington Hills, Mich., with manufacturing locations throughout North America.

Thursday, June 18, 2015

Halifax Gateway Celebrates 10 years

HALIFAX, NS, June 18, 2015 – The Halifax Gateway Council (HGC) held its Annual General Meeting today at the Halifax Stanfield International Airport.  The meeting included the reappointment of George Malec, Vice-President, Business Development & Operations at the Halifax Port Authority as Chair; Marie Houde, Director of Business Development with CN as Vice Chair and Todd Protheroe, Director of Supply Chain with Clearwater as Treasurer.

George Malec indicated that this was the 10th anniversary of the Halifax Gateway Council and thanked the members for their unwavering support for the organization.  In his remarks to the board, Mr. Malec noted that the Halifax Gateway is a great example of collaboration and an organization that is actively implementing the One Nova Scotia Report’s recommendations especially as it relates to maximizing trade and free trade opportunities.

Nancy Phillips, Executive Director of the Halifax Gateway, highlighted the year’s major activities:

·       Gateway outreach sessions for businesses in Toronto, Vancouver, and five European cities to promote the Halifax Gateway’s value proposition for international trade and opportunities related to the Comprehensive European Trade Agreement (CETA)

·       Maximizing and profiling the Gateway’s capabilities to move supplies and people related to the $129B in mega projects in Atlantic Canada. See the Mega Project map produced in partnership with APEC here http://goo.gl/iZboZH

·       Defining the Gateway’s role as a conduit for moving supplies and people within Atlantic Canada’s energy sector which includes oil and gas exploration by BP and the Shell as well as wind, tidal and other renewables. http://goo.gl/5dKII0

·       Promoting success stories of local transportation and logistics companies:  Armour Transportation, the Port of Sheet Harbour, Richmond Terminals, Korean Air Cargo, and US Pre-Clearance. Read the stories here: http://goo.gl/gX2efn

·       Led the collaborative Air Gateway committee which has been a mechanism for marketing Halifax’s air access within Europe.  This year’s new and increased services included:  Europe Airpost with service to Dublin and Paris, Iceland Air to Reykjavik, Condor to Frankfurt and the new WestJet service to Glasgow.

The Chair closed the meeting by saying “Halifax has an unprecedented level of opportunity before it with the new free trade agreements and billions in mega projects in the region,” says Malec. “As Canada’s gateway to Europe, we are excited by the opportunities for collaboration to maximize opportunities to grow both the amount of cargo and people that move through Halifax.”

The following Board Members were re-appointed at the meeting:
·       Wesley Armour, President and CEO, Armour Transportation Systems
·       Richard Butts, CAO, Halifax Regional Municipality
·       Joyce Carter, President & CEO, Halifax International Airport Authority
·       Jerry Staples, Vice President Air Marketing and Development
·       Marie Houde, Director Business Development, CN
·       Nancy Conrad, Senior Vice President Policy, Halifax Chamber of Commerce
·       George Malec, Vice President Business Development & Operations, Halifax Port Authority
·       Doug McRae, Chief Operating Officer, Gateway Facilities Inc.
·       Karen Oldfield, President & CEO, Halifax Port Authority
·       Captain Sidney Hynes, Executive Chairman, Oceanex
·       Steve Snider, General Manager and CEO, Halifax Harbor Bridges
·       Dr. Joshua Leon, Dean of Engineering, Dalhousie University
·       Bernard Prevost, Chief Operating Officer, I.H. Mathers
·       Todd Protheroe, Director of Logistics, Clearwater Seafood Inc.
·       Halifax Partnership, to be filled
·       Destination Halifax, to be filled
·       Ann Mowatt, Regional Director General for the Atlantic Region, Transport Canada
·       Peter Hogan, Vice President Nova Scotia, Atlantic Canada Opportunities Agency
·       Paul LaFleche, Deputy Minister NS Transportation & Infrastructure Renewal
·       Kyle Schmeisser, Director, Trade Development, Nova Scotia Business Inc.

About the Halifax Gateway Council
Established in 2004, the Halifax Gateway Council provides a forum for transportation stakeholders in the Halifax region to work collectively to improve the competitiveness and efficiency of goods and passenger movements through Atlantic Canada’s primary gateway.  Its vision is for Halifax to be the preferred eastern Gateway. www.halifaxgateway.com

About the Halifax Gateway
Strategically positioned on the east coast of Canada, Halifax Gateway is comprised of the Halifax Stanfield International Airport, the International Port of Halifax (including two super post-Panamax container terminals) CN Rail, a strong logistics and warehousing sector and excellent highway infrastructure. It offers advanced multimodal transportation and logistics, exceptional service and easy access between North America and the globe.  The Halifax Gateway is managed by the Halifax Partnership.

UPS Capital Partners with Kabbage to Offer Loans to Small Businesses

ATLANTA, June 16, 2015 – UPS Capital®, a subsidiary of UPS® (NYSE:UPS) that provides supply chain financial, insurance and payment services, announced today a partnership with Kabbage®, a leading technology and data platform that powers automated small business lending. UPS Capital can now offer its small business customers seamless, real-time access to capital via Kabbage, to deliver the borrowing power they need to grow their businesses.  The Kabbage technology platform continuously monitors the health and seasonality patterns of its customers to automatically deliver the right level of funding to each customer at the right time.

      “Small businesses are essential to America’s economy, as they are responsible for two out of every three new jobs in the United States,” said Ronald Chang, president of UPS Capital. “Since the recession, small businesses have had a difficult time accessing the capital they need to manage cash flow, hire new employees or purchase new inventory and equipment. By partnering with Kabbage, UPS Capital can now help more small businesses grow and achieve their potential.”
      “UPS has been an important investor and partner for Kabbage since we launched four years ago,” said Rob Frohwein, Kabbage co-founder and CEO. “We are thrilled to expand this relationship today to be able to seamlessly deliver capital to millions of UPS small business customers.”

About UPS Capital

Nobody understands transportation and logistics like UPS®. And while you’ve probably never thought of a UPS company for financing and insurance services, the global supply chain expertise of UPS Capital® uniquely positions us to help protect companies from risk and leverage cash in their supply chains. Insurance companies and banks can’t say that. UPS Capital has offices throughout the United States, as well as operations in Asia, Europe and Latin America. For more information, visit www.upscapital.com, call 1-877-242-7930, or follow UPS Capital on Linkedin (https://www.linkedin.com/company/ups-capital) and Twitter (@UPSCapital).

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and its corporate blog can be found at Longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

About Kabbage

Kabbage Inc., headquartered in Atlanta, has pioneered the first financial services data and technology platform to provide fully automated funding to small business in minutes. Kabbage leverages data generated through business activity such as accounting data, online sales, shipping and dozens of other sources to understand performance and deliver fast, flexible funding in real time. Through its Karrot brand, Kabbage offers simple consumer loans through its automated platform. Kabbage is venture-funded and backed by SoftBank Capital, Thomvest Ventures, Mohr Davidow Ventures, BlueRun Ventures, the UPS Strategic Enterprise Fund, TCW/Craton and additional investors, including Ron Conway’s SV Angel, David Bonderman, founder of TPG Capital and Warren Stephens, CEO of Stephens Inc. All Kabbage and Karrot U.S.- based loans are made by Celtic Bank, a Utah-Chartered Industrial Bank, member FDIC. For more information, please visit http://www.kabbage.com and follow the company on Facebook and Twitter.

Wednesday, June 17, 2015

LQ Board Announcement: Timothy Pyne

LQ is pleased to announce that Timothy Pyne has accepted LQ’s invitation to join its Advisory Board

June 17, 2015, Toronto, ON - Timothy Pyne is the Director of Logistics at Sporting Life and responsible for directing the logistics team, stores, vendors, 3PL services and logistics to ensure that the policies and procedures of the logistical requirements are being enforced and maintained across all channels ensuring inventory integrity, maximized flow of good and process efficiency so that all accounting, product and sales goals are achieved. He is based in Toronto at the company’s head office.

With over 30 years of executive operational responsibility in both third party logistics and retail companies, Tim has extensive experience in designing, implementing and operating logistics, e-commerce and transportation operations for 3PL’s and shippers in North America and Europe. Tim’s experience includes due diligence process, acquisitions, start up’s, executing growth strategy, developing high performance management teams, operational & process improvement, contract negotiation and customer relationships. His 3PL clients included the GAP, Kmart, Walmart, Walmart.ca, Sears, Dollar Tree, Procter & Gamble, Kellogg’s, General Mills, Hershey’s, Smuckers, Hilroy Paper, Safeway and United Rentals.

A graduate of Algonquin College, Tim is a member of the Supply Chain and Logistics Canada (SCL) association. His office is based in Mississauga, ON.

About Sporting Life

The Sporting Life is invigorating, fun and satisfying; it’s ski, apr├Ęs ski and everything in between.  It’s beach time with the kids or spin class at the club. From perfecting your swing to getting back on the old bike, the Sporting Life is hiking the trails of Algonquin or lounging on a boat in the Andaman Sea. The Sporting Life is the good life, and our customers are loving it! Sporting Life is a place where our customers can find the best quality, brand name fashion and sports equipment that supports the active and energetic lifestyle that our customers live and love. Sporting Life opened in 1979 with the belief that we could offer quality products and well-known brands that enhance our customer’s active lifestyle. Sporting Life has experienced consistent growth over the years, which can be attributed to innovation and excellent customer service, becoming a respected retailer who is known for top-of-the-line sports equipment and fashion. Sporting Life has four retail locations spanning the Greater Toronto area and one in Collingwood. In the fall of 2015, Sporting Life opened a 42,000 square foot store in Lansdowne Park Ottawa. In 2016, an additional two stores are set to open.

LQ's Advisory Board

As a resource for logisticians, academics and executives in other disciplines in the United States and Canada, LQ offers ideas for leadership in logistics, supply chain management and transportation, and provides a unique bridge between business, academia and practitioners. LQ’s Advisory Board and contributors afford authoritative thinking on the complex and fast-changing work of the logistics and supply chain management business - with a unique focus on best practices in the United States and Canada. LQ's Board plays a pivotal role in providing direction for LQ Magazine and LQ’s Symposiums.

Wednesday, June 10, 2015

Announcement - Ed Nieroda joins Reimer Associates as Vice President Mergers & Acquisitions

June 10, 2015, Toronto – Ed Nieroda has joined Reimer Associates as Vice President Mergers & Acquisitions. He is a long-time friend and business associate of Mr Reimer’s as they worked together for many years at Reimer Express Lines.

Ed brings over 30 years of transportation experience as a senior level financial executive to the Reimer Associates team. After earning his CA designation Ed joined Price Waterhouse where he worked with a variety of clients. In 1990 Ed joined Reimer Express Lines now operating as YRC Reimer, where he was Vice President and Controller until 2007. He then joined the TransX Group of Companies where his role was Executive Vice President until 2014.

Throughout his career Ed has participated in multiple mergers and acquisitions as both a buyer and a seller. His career of financial experience combined with his transportation industry knowledge bring a unique and strong presence to the merger and acquisition activities at Reimer Associates.

"Both Ed and I look forward to this new opportunity to bring together buyers and sellers in successful transactions," stated Ross Reimer, President of Reimer & Associates.

Wednesday, June 3, 2015

UPS Online Shopping Study: Empowered Consumers Changing the Future of Retail

            ATLANTA, June 3, 2015 – Avid online shoppers have raised the bar on what it takes for a retailer to stay competitive. Consumers want advanced mobile features, flexible shipping options and hassle-free returns.

      Today, UPS (NYSE: UPS), a global leader in logistics and transportation services, and comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, released the fourth UPS Pulse of the Online Shopper™ U.S. study revealing changes in consumer shopping preferences and buying behavior.

      Earlier this year 5,000 U.S. consumers were surveyed. The results indicate consumers plan to research and purchase more frequently using their mobile devices, they are influenced by social media, and free shipping continues to drive purchasing decisions.

Shopping Small and Local
            New in this year’s study, most consumers (93%) shop at small retailers:
*         61% shopped at these locations because they offer unique products
*         49% couldn’t find what they needed from traditional stores
*         40% wanted to support the small business community

Shopping Global  
            In addition, 40% of consumers have purchased from retailers based outside the U.S., with nearly half (49%) reporting they did so to find better prices, and 35% said they wanted items that couldn’t be found in U.S. stores.

Changing Channels 
            Online shoppers frequently change retail channels during their shopping experience. Better prices (57%) and selection (49%) are the top reasons for purchasing online after researching an item in-store. Nearly half (48%) of online shoppers have used ship to store in the past year, and 45% of those consumers made an additional purchase when picking up their online purchase.

            When a purchase is made online from a retailer that has an online and physical store, 39% of consumers who make returns prefer to ship the product back while 61% prefer to return the item to the store. When making an in-store return, 70% purchase an additional item compared to only 42% who make a new purchase while processing an online return.
      Respondents said they continue to use personal computers to shop and compare prices, and complement their use as they become more comfortable using mobile technology: 41% use their smartphone for research, while 30% make purchases. Online shoppers appreciate the convenience of smartphones on-the-go and in-store. Smartphone users project making more purchases on their device in the next year.
      Retailers need to continue to advance their mobile platforms, as 38% who have a mobile device but do not use it to make purchases said product images are not large or clear enough, and 30% said it’s hard to compare products.
Social’s Power 
      Many consumers connect to shopping activities through social media with 43% reporting they discover new products on social media sites. Facebook is the most influential channel but shoppers also embrace visually-oriented sites such as Pinterest.

Digital Commerce
      Retail continues to evolve as some online shoppers consider using mobile technologies in store: 33% find electronic shelf labels appealing, 29% said they will consider mobile checkout, and 27% said they are open to using touch screens to receive information, make purchases or arrange deliveries.
Free Shipping
      Free shipping remains the most important option during checkout according to 77% of online shoppers. More than half (60%) have added items to their cart to qualify for free shipping.

      The study provides insight to help retailers increase sales – 48% of online shoppers said they ship items to the store, with 45% of those saying they made additional purchases when picking up their orders.
Hassle-Free Returns
      According to the report, only 62% of consumers are satisfied with the online returns process: 67% review a retailer’s return policy before making a purchase, 66% want free return shipping, 58% want a hassle-free “no questions asked” return policy, and 47% want an easy-to-print return label.

Alternate Deliveries
      Compared to last year’s study, more consumers are open to alternate delivery options. In 2014, 26% said they prefer to have packages delivered to locations other than their home, this year it rose to 33%.
        When not at home to sign for a package, 32% want it shipped to another convenient retail location.

      “The future of retail is driven by ever increasingly sophisticated and savvy shoppers who research at home and in a store, but more are turning to mobile as capabilities improve for online product display and promotion,” said Alan Gershenhorn, UPS executive vice president and chief commercial officer. “They also want more flexibility and alternate delivery options. The UPS Access Point™ Network and UPS My Choice® meet these needs by giving consumers more control and flexibility with their home deliveries.”
      The UPS Access Point network is now available in New York City, Boston, Chicago, the San Francisco Bay, and the Washington, D.C. metropolitan area. The network also includes all 4,400 The UPS Store® locations.

      Nearly 15 million members in 16 countries use UPS My Choice to reroute or reschedule deliveries. UPS My Choice members can send their home deliveries directly to a UPS Access Point location or a The UPS Store location as their preferred delivery address.  

About UPS Pulse of the Online Shopper™
The report evaluates consumer shopping habits from pre-purchase to post-delivery. The study is based on a comScore survey of 5,118 U.S. online shoppers.

About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and more retail insights can be found on its corporate blog at https://longitudes.ups.com/tag/ups-pulse-of-the-online-shopper/.To get UPS news direct, visit pressroom.ups.com/RSS.

About comScore
comScore, Inc. (NASDAQ: SCOR), a global leader in digital media analytics, makes audiences and advertising more valuable by providing trusted, independent metrics that help businesses understand how people interact with content and advertising across TV and digital devices, giving a total view of the consumer. For more information, please visit www.comscore.com/companyinfo.

Monday, June 1, 2015

XPO Logistics Announces Proposed $2.0 Billion U.S. Dollar Equivalent Senior Notes Offering

GREENWICH, Conn. - June 1, 2015 - XPO Logistics, Inc. ("XPO" or the "company") (NYSE: XPO) today announced that it intends to issue $2.0 billion U.S. dollar equivalent of senior notes (the "Notes"). The Notes are expected to be issued in up to four tranches that may include U.S. dollar-denominated senior notes due in 2022, euro-denominated fixed rate senior notes due 2021, euro-denominated floating rate senior notes due in 2020, and pounds sterling-denominated senior notes due in 2020. XPO intends to use the net proceeds from the offering, together with cash on hand and the proceeds from its separately announced private placement of $1.26 billion of equity securities, to finance the purchase of Norbert Dentressangle SA and Bridge Terminal Transport Services, Inc., to repay certain existing indebtedness of Norbert Dentressangle SA and its subsidiaries, for other unspecified acquisitions, to pay related fees and expenses, and/or for working capital and other general corporate purposes.

The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum.

About XPO Logistics, Inc.
XPO Logistics, Inc. (NYSE: XPO) is one of the largest and fastest-growing providers of transportation and logistics services in North America. The company is the second largest freight brokerage firm, the third largest provider of intermodal services, the largest provider of last mile logistics for heavy goods, the largest manager of expedite shipments, and a leading provider of highly engineered, technology-enabled contract logistics, with growing positions in managed transportation, global forwarding and less-than-truckload brokerage. XPO facilitates more than 42,000 deliveries a day through its service portfolio.

XPO has 229 locations and over 10,500 employees. Its two business units - transportation and logistics - utilize relationships with ground, rail, sea and air carriers and other suppliers to serve over 16,000 customers in the manufacturing, retail, e-commerce, industrial, technology, aerospace, commercial, life sciences and governmental sectors. The company has more than 6,200 trucks under contract to its drayage, expedite and last mile subsidiaries, and has access to additional capacity through its relationships with over 32,000 other carriers. For more information: www.xpo.com

Forward-looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target" or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include those discussed in XPO's filings with the SEC and the following: economic conditions generally; competition; XPO's ability to find suitable acquisition candidates and execute its acquisition strategy; the expected impact of the Norbert Dentressangle SA ("ND") acquisition, including the expected impact on XPO's results of operations; XPO's ability to successfully complete the contemplated tender offer and the squeeze out of ND's publicly held shares; the ability to successfully integrate and realize anticipated synergies and cost savings with respect to ND and other acquired companies; XPO's ability to raise debt and equity capital; XPO's ability to attract and retain key employees to execute its growth strategy, including retention of ND's management teams; litigation, including litigation related to alleged misclassification of independent contractors; the ability to develop and implement a suitable information technology system; the ability to maintain positive relationships with XPO's and ND's networks of third-party transportation providers; the ability to retain XPO's, ND's and other acquired companies' largest customers; rail and other network changes; weather and other service disruptions; and governmental regulation. All forward-looking statements set forth in this press release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, XPO or its businesses or operations. Forward-looking statements set forth in this press release speak only as of the date hereof, and XPO undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events except to the extent required by law.

Announcement: Larry Rodo Named President and CEO of Consolidated Fastfrate Inc.


WOODBRIDGE, ONTARIO – June 1, 2015 – Ron Tepper, Executive Chairman of Consolidated Fastfrate Inc., a leading provider of transportation and logistic services in Canada, today announced that Larry Rodo has been named President and Chief Executive Officer of Consolidated Fastfrate Inc. and its subsidiaries, effective June 15, 2015.

Mr. Rodo has broad experience in the North American transportation and logistics industry. Most recently, he held the position of President of Day & Ross Freight North America. His background also includes extensive commercial and operations experience in both Canada and the United States.  Mr. Rodo is a graduate from the University of Toronto, as well he has earned his P.Log, CCLP and CMILT designations.

“We are fortunate to have an executive of Larry’s caliber join our organization,” said Ron Tepper.  “He brings the management capabilities and experience to Fastfrate which will play an integral role in our future success as we navigate today’s competitive environment and continue to grow our business. I very much look forward to working alongside Larry in my role as Executive Chairman.”

About Fastfrate

Consolidated Fastfrate is one of the largest privately owned providers of transportation and logistic services in Canada, employing more than 2,000 people and transporting more than 2 billion pounds of freight annually.  Founded in 1966, Fastfrate has grown into a diversified transportation company whose services include:  LTL and truckload from any point to any point within Canada, national drayage services, cartage, warehousing, transloading on both the west and east coasts, special operational direct ship program for select retailers, and third party logistics.  CFF has operating terminals from coast to coast across Canada.  For more information about Fastfrate, visit www.fastfrate.com.