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 […]
XPO Logistics has secured a new long-term reverse logistics contract with supermarket retailer Asda Walmart, after delivering a number of cost-cutting innovations.
Volkswagen’s plans to sell Traton Group, which contains the Scania and MAN brands, have been revived.
St Austell Brewery has renewed its UK distribution contract with XPO Logistics