XPO Logistics, Inc. (NYSE: XPO), a prominent global supplier of transport and logistics solutions, is awarded an offer string contract by worldwide power frontrunner Cummins Inc. (NYSE: CMI) to guide its customers global. XPO Logistics will run Cummins’ major parts circulation center beginning this month, handling approximately 800 employees and over 2, 700 purchases sent daily.
The one million sq ft facility in Memphis, Tenn., directs component parts, reconstruct kits and remanufactured machines while the principal restock hub for Cummins’ warehouses globally, and aids countless Cummins dealers in North America. XPO will provide custom-designed technology for components stocking and control, satisfaction, shipping and returns management.
“the staff and also the important work they are doing each day at our distribution center is important towards the popularity of our consumers and to Cummins, ” stated Clarence Carr, Director, Memphis Distribution Center, Cummins Inc. “we shall work with XPO to ensure the operations while the workplace keep on being for the finest quality and something we are able to all simply take pride in. We are going to continue steadily to seek out new and revolutionary approaches to enhance our work and our solutions.”
Cummins features numerous functions in Memphis and has been a part of the Memphis community for over 50 years. Cummins today uses a workforce of more than 1, 600 across its remanufacturing and circulation businesses in Memphis and just last year employees invested over 4, 000 hours volunteering into the Memphis community.
Troy Cooper, XPO Logistics main operating officer, stated, “we are happy to support Cummins with its commitment to superior customer support and supply sequence excellence. We look ahead to including significant value towards the Memphis distribution center with cutting-edge technology and international guidelines for enhanced productivity, quality and cost-effectiveness.”
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten international logistics provider of cutting-edge offer chain approaches to the absolute most successful organizations worldwide. The company operates as a highly incorporated community of men and women, technology and real possessions in 34 countries, with more than 86, 000 staff members and 1, 425 areas. XPO uses its network to aid a lot more than 50, 000 clients manage their products more proficiently throughout their supply stores. The business has actually two reporting segments: transportation and logistics, and within these sections, its company is well diversified by geographies, verticals and types of solution. XPO’s business headquarters is within Greenwich, Conn., USA, and its European headquarters is within Lyon, France.www.xpo.com
About Cummins
Cummins Inc., an international power leader, is a business of complementary sections that design, manufacture, distribute and service diesel and gas engines and associated technologies, including gasoline systems, controls, atmosphere managing, purification, emission solutions and electric power generation methods. Based in Columbus, Indiana, (United States Of America) Cummins at this time hires approximately 55, 000 men and women worldwide and serves customers in about 190 nations and regions through a network of approximately 600 company-owned and separate supplier places and about 7, 200 dealership locations. Cummins obtained $1.4 billion on sales of $19.1 billion in 2015. Pr announcements are present online at . Follow Cummins on Twitter at as well as on YouTube at .
Forward-Looking Statements
This press release contains forward-looking statements that mirror management’s existing objectives, assumptions and quotes of future performance and fiscal conditions. These types of statements are available in reliance upon the safe harbor terms of Section 27A of this Securities Act of 1933 and Section 21E associated with Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to dangers and uncertainties that could cause real results and future trends to vary materially from those things expressed in or suggested by such forward-looking statements. Other factors which could impact the company’s outcomes and forward-looking statement could be revealed within the business’s filings utilizing the SEC. The organization disclaims any objective or obligation to upgrade or change any forward-looking statements, whether because of new information, future activities, or else.
