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Supply Chain Matters This Week in Supply Chain Tech- May 12 2023

Supply Chain Matters

The combined company is to be headquartered in North America and be listed on the New York Stock Exchange. Proceeds from this latest equity infusion will reportedly be utilized to expand this tech provider’s growth across North America , Europe and Asia along with expanded industries.

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XPO Logistics (XPO) to Acquire Con-way (CNW)

Supply Chain Network

The transaction will enhance XPO’s range of supply chain solutions by making XPO the second largest less-than-truckload (LTL) provider in North America, and will expand the company’s global contract logistics platform. XPO and Con-way both have e-fulfillment contract logistics platforms in North America and Europe.