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 won a contract with Costco UK to handle the retailer’s reverse logistics for its 28 UK warehouses.
XPO Logistics has ramped up its use of intelligent robotics ahead of the Christmas peak period.
XPO Logistics is to close its Nuneaton depot in August with the potential loss of 57 jobs, Motortransport.co.uk has learnt.