XPO Logistics and House of Fraser may have reached a compromise in their supply chain dispute, which has paralysed the department store chain. The logistics firm is owed £30.4m as a creditor of the retailer, which was placed into administration on 10 August and saw most of its assets sold to Mike Ashley’s Sports Direct shortly after. The operator had been withholding services to House of Fraser as a consequence from the administration date. XPO Logistics has two warehouses it […]
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.
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.
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.