XPO Logistics’ plan to split its company into two separate entities moved one step closer this week with the unveiling of the executive board of the contracts logistics business. XPO is set to create two separate companies – a global contract logistics firm and a company providing less-than-truckload (LTL) and truck brokerage transportation services. The two businesses, currently dubbed NewCo and XPORemainCo are scheduled to be separately listed on the New York Stock Exchange later this year. Malcolm Wilson, currently […]
Ceva Logistics has had its 26 year relationship with Crown Paint extended after it signing a five and a half year contract, worth €50m (£40.3m). The contract will see Ceva manage Crown’s trade warehouse operation, nationwide distribution of retail and trade product, and inter-site and bulk transport movements. In addition Ceva has opened a €1.5m (£1.2m) trade warehouse operation for Crown in Hull today (22 June), as an export base to export paint. The move has created 70 jobs, primarily […]
Hermes chief executive Carole Woodhead has revealed some of its expansion plans for 2014, as it wins a new contract with jewellery retailer Cadenzza.