XPO Logistics to Spin Off Freight Brokerage, Exit Intermodal and Europe Business
XPO Logistics Inc.
plans to split its freight brokerage, European and intermodal businesses apart from its U.S. trucking operation,…
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GXO
Clipper Logistics welcomes possible £1bn offer from US rival GXO
Ecommerce specialist Clipper Logistics plans to accept a potential cash-and-share takeover offer by New York-listed GXO Logistics that would value the British group at £943mn.Clipper,…
Logistics Hiring Surge in California’s Inland Empire Can’t Satisfy Demand
The number of people working in transportation and warehousing near the nation’s busiest port complex in Southern California has surged almost 24% during the Covid-19 pandemic, but even so,…
Logistics Operators Raise Pay, Enlist Robots to Meet Holiday Demand
Warehouse operators are throwing every tool they can at increasingly urgent efforts to hire seasonal workers as they brace for an expected flood of holiday goods amid competition for scarce…