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: how to improve the group operationally; and how to create greater equity value.
“For a while, we couldn’t understand how many of our peers, great companies …

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Source: The Loadstar