XPO Logistics has won a multi-year contract with wine enthusiast app Vivino as it expands into online sales. The Vivino app has more than 20 million users who use its peer review service to help them select bottles of wine. Now the firm is expanding into online sales, forecasting volumes of 500,000 bottles per year. XPO will manage the e-commerce supply chain from wine cellars to home delivery. The operation will be run from its multi-customer warehouse in Trezzo sull’Adda, […]
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.
Poor exchange rates negated turnover growth in the UK division of XPO Logistics, according to the group’s 2016 figures.
A union representing workers at two XPO Logistics sites said a report earlier this week that the operator and its client House of Fraser had reached a compromise appears to be false.