In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND). With the deal, in essence, completed last week ND chief executive Hervé Montjotin, now chief executive of XPO’s European business, told MT that the offer was a “golden opportunity”. While ND in the UK is a €1.3bn concern, the combined ND and XPO – which will trade solely as XPO Logistics – will have 52,350 employees at […]
Marks & Spencer has called time on its Neasden, north London DC. However, the high street retailer has said it will open a 495,000ft² clothing and home DC in Welham Green, Hertfordshire, early next year.
Purfleet-based Youngs Transportation & Logistics has acquired North West Cargo (NWC) in Warrington, adding another 44 vehicles to its fleet and providing it with the presence in the North that its major clients have reportedly demanded.
XPO Logistics is to provide warehousing for craft beer company BrewDog.