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 […]
The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report.
XPO Logistics has won a new contract with Lancashire joinery specialist Performance Doorset Solutions (PDS) that will see it be responsible for some 50 movements per week.
A dispute with XPO Logistics over missing employee pension contributions could be brought closer to resolution following legal action being taken in the French courts, according to union Unite.