Is Paul Little 'finger' eyeing a return to the Toll crown?
Fear cuts deeper than swords
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Fast-growing US-based freight service provider XPO Logistics has revealed it has agreed terms to buy Norbert Dentressangle, one of Europe’s largest privately owned haulage and logistics companies for $3.53bn.
XPO Logistics chief executive Bradley Jacobs told The Loadstar this morning the deal had “catapulted” XPO into the premier league of global logistics, bringing a huge footprint in Europe, where it had previously only had a marginal presence, and significantly increasing its contract logistics business and doubling its freight forwarding revenues.
It also ...
Comment on this article
Louis
May 03, 2015 at 2:09 pmIf buying businesses makes you successful, then xpo is a success.
The comments by xpo and new breed staff on glassdoor are however a warningsign. Hubris comes before the fall.