XPO Logistics considers sale of freight forwarding unit
BLOOMBERG reports: XPO Logistics Inc. is considering a sale of its freight-forwarding unit as it continues ...
NORTHAMPTON, UK – 10 May 2022 – XPO Logistics, a leading provider of freight transportation services, has been awarded a multi-year contract by Wavin to manage its transport operations in France. Wavin is an innovative solutions provider of drinking water supplies, sanitation, climate resilient cities and heating and cooling systems for the global construction and infrastructure industries.
Under the new contract, XPO manages the transport of all Wavin products from production sites in Varennes-sur-Allier (03), Bellignat (01) and Sorgues (84) to destinations throughout France. A centralised XPO unit has been set up at the Varennes-sur-Allier site to manage an integrated solution of less-than-truckload and full truckload transport activities. Deliveries are carried out by a dedicated team of XPO drivers trained in Wavin’s specific requirements. XPO provides similar services to Wavin in the UK, where the two companies have worked together since 2018.
Morten Falck Sørensen, category manager, logistics and supply chain, Wavin, said, “We are pleased to expand our successful partnership with XPO in Europe to include our French operations. Wavin now has a strong partner in France to support our customers with nationwide distribution, allowing us to focus on improving the sustainability of our supply chain as we grow”.
Bruno Kloeckner, managing director – France, XPO Logistics, said, “We thank the Wavin team for their continued trust in XPO and their collaboration in creating such a productive partnership. Together, our teams will continue to add value for Wavin and their customers through further technological innovation and operational excellence”.