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 […]
A strong performance in Wincanton’s contract logistics business saw turnover jump in the first half of its financial year, but losses in its Pullman Fleet Services division slowed profit growth.
Norbert Dentressangle (ND) has sealed a £100m logistics deal with online fashion giant ASOS, taking the three-year contract from incumbent Unipart Logistics.