Kerry Logistics stays bullish as profits decline in a 'tough market'
Hong Kong-headquartered 3PL Kerry Logistics Network (KLN) today was the latest freight service provider to ...
Hot on the heels of announcing it is set to buy Norbert Dentressangle, by far its highest profile acquisition to date, XPO Logistics has agreed to buy US asset-light drayage provider Bridge Terminal Transport for $100m. In addition, yesterday saw XPO release first-quarter results for 2015, in which it reported a net loss of $14.7m on gross revenues of $708m, a year-on-year increase of 150%.
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