Less-than-truckload carrier XPO Inc. (NYSE: XPO) says it has launched an over-the-road operation for team drivers.
Only existing teams can currently qualify for the program, which has not been formally announced but was posted earlier this week on LinkedIn, said Greenwich, Connecticut-based XPO. It is believed to be the brainchild of Dave Bates, who joined XPO in April as COO from rival Old Dominion Freight Line Inc. (NASDAQ: ODFL)
XPO declined comment, citing the mandatory “quiet period” before its Oct. 30 release of third-quarter results.
According to the communication, eligible teams will “run dedicated routes between XPO facilities in brand new sleeper trucks equipped with microwaves and refrigerators.” A typical work week will consist of five days on the road, followed by two days of home time, XPO said. Because there is no mileage cap, teams are able to put in for more runs than originally scheduled, XPO said.
XPO is not the first carrier to operate with sleeper-teams in over-the-road service. Old Dominion, where Bates comes from, operates with sleeper teams.
LTL carrier networks are connected by terminals, and the longest length of haul is typically 500 miles. By contrast, truckload carriers can run thousands of miles point-to-point with sleeper teams.
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