XPO divestiture plan

XPO is reportedly again in talks to divest its European transportation business as it seeks to focus solely on its North American less-than-truckload operations.

Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.

XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.