GXO welcomes five new members to its board of directors
PRESS RELEASE Greenwich, USA | May 13, 2025 GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, ...
Clipper Logistics shareholders have voted overwhelmingly in favour of the proposed takeover of the contract logistics specialist by GXO Logistics.
At a Clipper shareholder vote yesterday, just over 92% of shareholders were in favour of the deal.
Now, the takeover, being undertaken via “a court-sanctioned scheme of arrangement under Part 26 of the Companies Act”, will proceed if it is cleared by the UK and Polish competition authorities.
However, given how much of the contract logistics market remains to be outsourced, it is ...
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Keep our news independent, by supporting The Loadstar
Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
China-US trade tariff pause could drive a rebound for transpacific rates
Airfreight players eye new routes as demand on the transpacific nosedives
Service chaos from trade ban with India a problem for Pakistan shippers
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Indian coastal freight attracts major carriers, but regional tension disrupts
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
Comment on this article