In August 2021 XPO completed the spin off of its Logistics division to create a new, separate company GXO, leaving the former Transport division to trade on as XPO. While there were good operational reasons for the split, Brad Jacobs, chairman and CEO of XPO Logistics, made no secret of the fact that a major driver was to increase shareholder value. Listed on the New York stock exchange, XPO shares were valued as low as $52 in November before the […]
“The whole nation will owe haulage and logistics workers a huge debt of gratitude,” according to Parliamentary Under Secretary of State for Roads and Transport Security, Baroness Vere of Norbiton.
EV Cargo Global Forwarding has announced significant growth during 2019 and introduced cost reduction measures to ensure sustainable trading during the first half of 2020.
Washington-based Hawthorn Logistics has taken delivery of its first ever Carrier Transicold Vector HE 19 units, adding 10 multi-temperature and 10 single-temperature versions to its refrigerated trailer fleet, which is now 100% Carrier-cooled.