XPO Logistics is sponsoring the first ever Tamworth Pride festival in Staffordshire, signalling its support of LGBTQ+ employees. The company said it was continuing to expand its commitment to diversity, equity and inclusion and its sponsorship of the event on 14-15 August follows its sponsorship of the New York City Pride March, the Mid-South Pride Fest, the Tri-State LGBTQ+ Unity Summit and the Lesbians Who Tech Virtual Summit in the US. It is also supporting the Birmingham Pride festival in […]
Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world.
XPO Logistics has renewed its UK partnership with La Palette Rouge (LPR), the leading provider of pooled pallets in the consumer goods (FMCG) and retail sectors in Europe.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.