All the updated news related to gxo

All the news related to gxo updated in real time

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City

No jobs cuts as plans for logistics overhaul affect 7,000 Sainsbury’s staff

Sainsbury’s has announced a major restructuring of how its logistics operations work, affecting around 7,000 staff throughout the country. The retail giant said that no one would lose their job or get moved to worse contractual terms and that the ...

12 Apr 2023 at 11:31

City

Wincanton eyed by second possible buyer as bidding war begins

Logistics giant Wincanton has revealed it is being eyed by a second potential buyer as it becomes the latest business to become the centre of a bidding war. Shares in the FTSE All-Share-listed company, which works with brands from Ikea and ...

26 Feb 2024 at 13:39

City

Wincanton battle heats up as rival suitor tables offer worth more than £760m

The takeover tussle for logistics giant Wincanton has notched up a gear after a rival US suitor tabled an offer worth more than £760 million. GXO Logistics – a US-based logistics group, which has a 130,000-strong team around the world – ...

29 Feb 2024 at 09:24

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