XPO Logistics has won a contract with Costco UK to handle the retailer’s reverse logistics for its 28 UK warehouses. XPO will receive and unload vehicles containing store waste at its “one-stop shop” site in Lutterworth, as well as handling and loading shipping containers. The operator will also be responsible for the recycling of scrap metal and plastics and disposal of electrical and electronic waste. Additionally, XPO will process reusable packaging for transit. Gavin Williams, business unit director – consumer […]
A strike by drivers and warehouse staff at the Motherwell site of logistics giant XPO Logistics (formerly Norbert Dentressangle) has been suspended after last-minute negotiations between the company and union Unite.
Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world.
A significant number of contract wins in XPO Logistics’ Supply Chain and Transport Solutions divisions more than offset a decline in dry bulk volumes during XPOs first full financial year of trading since it acquired Norbert Dentressangle in 2015.