Receive FREE Newsletter
Advanced Search
+

News / XPO splits in two, with contract logistics division listed separately on NYSE

XPO_EU_Truck
By

XPO Logistics has announced plans to separate its business into two and spin off its contract logistics operations into a separately listed company.

The announcement follows a strategic review of its corporate structure that launched in January.

As spokesperson told The Loadstar the review had two main aims: ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Initial public offerings XPO Logistics

    Most read news

    Predatory rivals circle as the ripples from DSV's Schenker buy widen

    MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on

    Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz

    Industry concerns rise after yet another box ship on fire off Indian coast

    'It's driving us mad', say forwarders as US court fails to end tariff turmoil

    European port congestion easing – for now

    DHL Express facilities in Canada forced to shut down by strike

    More legal trouble in India for MSC: feeder vessel detained after box ship disasters

    Return of downward pressure on container spot freight rates

    MSC to hold 15% global container terminal market share after Hutch buy

    EXCLUSIVE: The good old DSV, 'Winning as One' – all Schenker top dogs out (Part 2)

    EXCLUSIVE: Schenker top exec departs 'One DSV' – fishing continues (Part 1)

    BYD launches logistics subsidiary – and eyes ports and shipping sectors

    DHL makes €500m bid to increase its presence in 'fast-growing Gulf markets'

    Airfreight capacity shifts from US to match falling demand

    M&S cyber-attack a salutary warning for supply chain players, say experts