The two key ratings agencies expressed caution about the debt metrics on GXO’s acquisition of Wincanton. (Photo: GXO)
The board of UK logistics firm Wincanton has unanimously recommended GXO’s $965 million buyout offer.
Schneider National has added a tool called Load My Truck that allows third-party carriers to instantly book loads at a click of a button. Also, Mexico has installed a recycled highway, and the Huawei controversy highlights cybersecurity concerns in the supply chain.
The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.
