Analysts have given a mixed response to a recent media report claiming US retail giant Home Depot had held internal talks about a potential bid to acquire XPO Logistics. The report, by US news website Recode, said an unnamed source “close to Home Depot’s strategy” had claimed the retail giant is considering a bid for the $9bn logistics company in order to prevent Amazon buying the logistics giant. XPO Logistics saw its share price soar following the report. Both companies […]
XPO Logistics has won a storage and distribution contract with toy manufacturer VTech.
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Industry-wide pallet weight limits are more relevant to pallet networks than large operators, according to XPO Logistics MD of transport solutions Dan Myers.