XPO Logistics considering “sale or spin off of one or more business units” but UK impact unclear


 

XPO Logistics has told motortransport.co.uk it is “too early to speculate” on news that it is considering selling or spinning off one or more of the company’s business units. XPO’s board of directors authorized “a review of strategic alternatives” last week, with chairman and CEO Bradley Jacobs saying that although the company is the seventh best-performing stock of the last decade on the Fortune 500, and the share price has increased more than ten-fold since its investment in 2011, it […]