Poor exchange rates negated turnover growth in the UK division of XPO Logistics, according to the group’s 2016 figures. The former Norbert Dentressengle’s UK operation recorded turnover of €1.53m (£1.29m); a 1.7% drop compared to 2015’s €1.55m. However the group said that turnover in the UK had actually grown, and said at a constant exchange rate its turnover would be up 11%. Reporting to investors in the US, it noted that organic growth in XPO’s Logistics division had been offset […]
XPO Logistics has renewed its contract with online fashion retailer Matchesfashion.com, after two years of working with the brand.
Norbert Dentressangle (ND) has extended its contract with Tour de France organiser Amaury Sport Organisation to remain the event’s official transport provider until 2018. The logistics firm has handled the transportation of equipment needed for the race for the past 30 years, including materials for the ‘Start’ and ‘Finish’ villages such as security banners, the podium and the timekeeping unit. For this year’s 99th Tour de France, culminating in an historic win for British cyclist Bradley Wiggins, a dedicated fleet […]
The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away…