Report
EUR 188.44 For Business Accounts Only

XPO Logistics, Inc.: Reduced complexity from planned sale/spinoff of business units is a positive development

Divestitures are a positive development but details as to capital allocation and risk tolerance remain uncertain
Underlying
XPO Logistics Europe SA

Norbert Dentressangle is a player in goods transport between the European continent and Great Britain that focuses its operation on transporting fresh produce, fruit, and vegetables from the Rhone valley to big markets in Great Britain, such as Covent Garden in London. Co. structures its business on four types of companies: Logistics operating companies, which provide warehousing and distribution services; Transport operating companies, which provide domestic and international transport services; Freight Forwarding operating companies, which provide goods transport organization services worldwide, by road, sea and air; and Service companies, which provide services to operating companies.

Provider
Moody's Investors Service
Moody's Investors Service

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