Comment / Supply chain radar: XPO Logistics' downfall is private equity's joy

© Witthaya Prasongsin stock market

© Witthaya Prasongsin

By Alessandro Pasetti

12/12/2018

A quick one from the bunker in Horsham, England: XPO Logistics shares were halted in early US trade on Wednesday, pending an unscheduled corporate event announcement. Figure the excitement after my take on Tuesday, headed: “XPO Logistics ’officially a takeover target’.

Believe it or not, there are signs the transport logistics firm might soon cease to exist as a public company – and here is the main reason that I am willing to speculate that today’s news substantiates my previous column.

Down

With the stock down as ...

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