XPO Logistics has named Baris Oran (pictured) as the chief financial officer for its intended spin-off, GXO Logistics. The new business had been created to capitalise on the growth in e-commerce and omnichannel retail and a shift toward outsourcing supply chain services. Oran, who was mostly recently CFO at Turkish Sabanci Group will join the logistics segment in May and will lead GXO’s global finance organisation when the planned separation is complete in the second half of 2021. He has […]
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.
Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK.
A dispute with XPO Logistics over missing employee pension contributions could be brought closer to resolution following legal action being taken in the French courts, according to union Unite.