XPO Logistics is to close its Nuneaton depot in August with the potential loss of 57 jobs, Motortransport.co.uk has learnt. In response to our enquiries, the company said it had been forced to announce the closeure of the site after failing to agree acceptable rental terms when renewing its lease. In a statement Martin Atkinson, business unit director at XPO Logistics, said: “The lease of our building at Nuneaton expires later this year and we have been in discussions with […]
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.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.