As XPO Logistics continues to ponder options to sell parts of its own business, it has returned to the acquisition trail with an agreement to buy part of Kuehne + Nagel’s contract logistics trade in the UK.
This morning K+N announced it had entered into a “definitive agreement” to sell the drinks logistics, food services and retail & technology vertical in its UK contract logistics division, part of wide-ranging review of …

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Source: The Loadstar