GXO Logistics reports 20% boost in revenue and $1bn in new business last year
The world’s largest pure-play contract logistics operator, GXO Logistics, recorded a 20% increase in annual ...
Mergers and acquisitions don’t seem to be going TNT’s way at the moment. The troubled express company this morning released its fourth quarter results, and while its operating losses have lessened ? now down to just €81m from €272m last year (see below for the figures at a glance) ? it expressed disappointment with the failure of its proposed merger with UPS, and confirmed plans to sell off its Chinese domestic operation. It also said that, despite some improvement, it ...
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