Tag: business

XPO Logistics break-up plan is for shareholders, not operational benefits

XPO Logistics chairman and chief executive officer Bradley Jacobs was grilled by market analysts at a conference call yesterday on why he is considering a break-up of the company. Last month, the US-based transport and logistics giant announced that it was undertaking “a review of strategic alternatives”, including the possible sale or spin-off of one or more of the company’s business units. XPO’s transportation and logistics businesses, including those in...

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