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dp world rosatom in agreement DP World and Rosatom will work together to develop the Northern Transit Corridor as a viable and sustainable route between Asia and Europe.

The agreement was signed in St Petersburg by Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, and Aleksey Likhachev, Director General of Rosatom. Under the terms of the agreement DP World and Rosatom will establish a joint venture which will invest in, build and operate transport and logistics capacity along the Northern Transit Corridor.

The Northern route cuts up to 19 days from the journey time between South East Asia and North West Europe. One third of the world's trade flows between the two continents and saving shipping time will significantly reduce CO2 emissions. Critically the width and draft of vessels are not an issue along the Northern Transit Corridor. The alternative new route is not congested, shorter, more efficient and faster.

A record 33 million tons was carried along the Northern Transit Corridor in 2020, with President Vladimir Putin targeting 80 million tons by 2024. To open the route to sustainable commerce, a comprehensive development program will be performed, including the development of ports and transport links along Russia's north coast to sustain economic activity.

The pandemic highlighted significant challenges in the supply chain, with many cargo owners struggling to find containers to move their goods. Diversification and disruption of traditional routes and methods are required to sustain growth and build back confidence.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: "As the leading provider of worldwide, smart, end-to-end supply chain logistics, DP World supports Russia's efforts to diversify trade flows between Asia and Europe. The Northern Transit Corridor holds out the prospect of shorter transit times between East and West. DP World has already committed to invest $2 billion with the Russian Direct Investment fund, and we will continue to work with our partners in Russia to find solutions that allow the Northern Transit Corridor to develop sustainably.

It is DP World's responsibility to provide credible, sustainable and reliable trade enabling solutions for our customers. With the launch last year of the World Logistics Passport and online trading platforms such as DUBUY.COM, as well as the recent acquisitions of Syncreon and Imperial Logistics, we are demonstrating that we continue to invest for our customers. Capacity shortages and disruptions during the pandemic exposed weaknesses in the global economy. The Northern Transit Corridor, along with land routes we are investing in across Asia, will open more options to move cargo, with Dubai as the hub for global trade in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai".

Alexey Likhachev, General Director of Rosatom, said: "Building of sustainable transport infrastructure in the Arctic opens up new opportunities in developing the Eurasian transit which can be achieved in an optimal timeframe and help reduce the environmental footprint through shorter route distances and the advanced low-carbon energy solutions applied. Today is an important step in the development of a strategic international partnership between ROSATOM and DP World".

APM Terminals mid westAPM Terminals Mobile is targeting Asia to U.S. Midwest import cargo with daily departures using five class 1 railroads that offer further potential to access the U.S. heartland.

CN has rail car and locomotive capacity to help speed cargo to Chicago with a 2.5 day direct doublestack service. Northbound refrigerated packs are available for cold chain cargoes as well. Five Asia/US liner services currently call the port to enhance the Midwest supply chain flow.

“We’re trying to help alleviate Midwest supply chain pressures for customers. Ocean carriers are looking for more gateway options into the Midwest market. We’ve got berth space available and 35 moves per hour per crane berth productivity. Our rail product is a consistent performer that can handle much more volume,” commented Brian Harold, Managing Director of APM Terminals Mobile, Alabama. The near dock railyard allows seamless ship to rail transfer.

For customers looking to transload Midwest cargo or deliver containers to local distribution centers, APM Terminals Mobile has an average waiting time to enter the terminal for truckers of seven minutes with a total turn time of 51 minutes once in the terminal. 81% of the truck moves at APM Terminals Mobile are dual moves (where a trucker is bringing in a container for dropoff and picking up a container for delivery) which generates optimal supply chain flow.

FedEx CaresFedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, today announced a cash donation of RMB5 million to support the disaster relief efforts in impacted local communities throughout the Henan province.

The FedEx RMB5 million donation will assist in the purchase of emergency supplies and post-disaster reconstruction in support of the disaster-hit province’s return to normalcy as soon as possible.

After the extreme rainstorms, FedEx quickly communicated with relevant organizations and partners to offer emergency logistics support for the affected areas using the FedEx air-and-ground network.

FedEx has fully resumed its international and domestic services in Zhengzhou and is providing flexible pickup and delivery services to help its customers maintain a stable and reliable supply chain in the affected areas. Through its connectivity and reliability, FedEx is contributing to restoring normal business and living for local customers and communities in the Henan province.

Aviogei SACBOAviogei Airport Equipment has delivered the 100th Thunderlift, in electric version, to SACBO, the company for Bergamo Orio al Serio Civil Airport.

“The Thunderlift delivered is the most advanced version of this electric vehicle, dedicated to passengers with reduced mobility, equipped with Lithium technology and industry 4.0 outfitting”. Comments Franco Cesarini, President of Aviogei.

“SACBO has always paid the utmost attention to the assistance service for passengers with reduced mobility and wanted to equip itself with the most suitable and technologically advanced means to guarantee efficiency, functionality and confort – states Emilio Bellingardi – In this specific case we adopt a means that allows us to pursue the environmental sustainability program, contributing to increase the percentage of electric mobility”.

Qatar Airways Cargo B777 4Qatar Airways Cargo announces the further roll out of third-party eBooking platform WebCargo by Freightos across the United States of America*, effective 19 July 2021.

Forwarders in the USA will be able to conduct eBookings with access to live rates and available capacity on the WebCargo platform. This will further improve their booking experience with the airline, resulting in higher efficiencies and instant responses for confirmation.

The cargo carrier has an extensive network in the United States spanning 12 cities with 145 weekly flights, thus offering customers more than 4,700 tonnes of cargo capacity every week.

Qatar Airways Chief Officer Cargo, Mr. Guillaume Halleux said: “Following our successful launch across Europe, we are glad to introduce WebCargo throughout the United States of America, steadily extending digitalisation across our organisation. We are actively pushing for digitalisation in air freight as it brings in efficiencies and provides multiple benefits for our customers such as 24/7 visibility of price and capacity as well as real time confirmation to name a few.”

Freightos Group CEO Mr. Zvi Schreiber said: “In the past year, the industry has passionately adopted Digital Air Cargo (DAC), with WebCargo by Freightos as the chosen platform, driving 2,000%+ growth in bookings. Today, it’s an honour to expand WebCargo's partnership with Qatar Airways Cargo to the United States of America, bringing direct access to the world's number one cargo airline to the world's largest economy."

Since the introduction of WebCargo in February 2021, Qatar Airways Cargo has been receiving high volumes of eBookings via the platform. With this launch in the USA, the total count of countries in the airline’s network on the WebCargo platform will increase to 33, with 12 online stations going live in the United States of America.

Digitalisation is a key pillar of the carrier’s strategy as it moves towards more systems that allow for dynamic pricing, automatic quotations, robotic integration and improved reporting. WebCargo is one of them, and its gradual rollout across the network is one of the many important digitalisation initiatives implemented by Qatar Airways Cargo in recent months.

KN quickstatQuickSTAT, a subsidiary of Kuehne+Nagel, has opened a new control tower and conditioning facility in Singapore.

The investment is part of Kuehne+Nagel and QuickSTAT’s pharma and healthcare strategy to further expand their logistics capabilities to serve customers across Asia Pacific. As a leading biomedical science hub in the heart of Asia and its proximity to the rest of the region, Singapore is a strategic location for the new QuickSTAT facility.

QuickSTAT is an expert in managing global clinical trial logistics for all phases of the product lifecycle from research and drug development through to commercialisation. The company specialises in time and temperature shipping of clinical research samples, biologics, investigational drugs, clinical trial supplies and vaccines in order to help bring new drugs and medical protocols to market safely and quickly.

The new conditioning facility located at Kuehne+Nagel’s regional centre of excellence - the Singapore Logistics Hub - caters to a full suite of healthcare logistics services for all stages of the pharmaceutical product lifecycle. It provides superior management of cell and gene therapies, where QuickSTAT’s specialists will ensure proper handling, packaging and storage of the time-and-temperature sensitive products. Additionally, the facility includes a controlled-ambient warehouse and in-transit storage for vaccines, investigational drugs, patient clinical specimens and active pharmaceutical ingredient (API).

Jack Liu, Senior Vice President, Air Logistics of Kuehne+Nagel Asia Pacific said: “Kuehne+Nagel is delighted to partner with QuickSTAT to provide seamless end-to-end solutions, adding value to our pharma and healthcare customers in Asia Pacific. With the ISO-certified and GxP compliant facility that upholds the best practices for storage, conditioning, transportation, routings and logistics – I am confident that we will consistently deliver product integrity and patient safety.”

“We are committed to providing innovative and customised logistics as well as transportation solutions to meet the ever-challenging demands of the pharma, biotech and life science industry, in all regions of the world. By continuing to expand our global footprint to locations of strategic importance, we are able to provide local and global support for Kuehne+Nagel and QuickSTAT customers,” said Cyril Leger, Executive Vice President of QuickSTAT.

SriLankan Airlines Domodedovo The national air carrier of Sri Lanka SriLankan Airlines is resuming flights from Moscow Domodedovo Airport to Colombo starting from the 31st of July 2021.

Domodedovo is the only airport of the Moscow Aviation Hub from which passengers can fly directly to this destination.

The air carrier is going to run one regular weekly flight on Saturdays. The arrival time to Domodedovo is 4:30 a.m., the departure time - 7:15 p.m.

"This is a significant air link for SriLankan Airlines as we connect to the largest country in the
world which is also known as one of the greatest cultural and historic destinations. This operation would offer a new and easy travel path in connecting the Russian Federation and surrounding countries. We are eagerly awaiting to welcome Russian visitors in Sri Lanka and passengers onboard our flights to Russia", stated SriLankan Airlines CEO Vipula Gunatilleka.

Previously this air carrier and Domodedovo cooperated from 2011 to 2015, the passenger traffic amounted to 115 thsd passengers.

"Currently Colombo is seen as a very unique destination for the Moscow Aviation Hub", noted the director of Moscow Domodedovo Airport Andrey Pavlov. - The arrival of SriLankan Airlines on the Russian market will open many opportunities for tourist development of our countries. We are sure that our previous successful experience of partnership will allow us to effectively work in the future".

SriLankan Airlines became the first carrier in the South Asian region to receive the ‘Diamond’ rating from the Airline Passengers Experience Association (APEX) and SimpliFlying, a standard received for the extra safety measures and comprehensive hygiene precautions adhered to since the onset of the global pandemic. SriLankan Airlines is an award-winning airline with a firm reputation as a global leader in service, comfort, safety, reliability, and punctuality.

 

DHL wp copenhagenDHL Express becomes official partner of the Copenhagen 2021 WorldPride and EuroGames.

The overall theme of this year's Copenhagen 2021 is #YouAreIncluded.

This powerful, all-encompassing statement underlines that everybody is part of the society including all gender, ethnic and national origin, race, color, religion, age, disability, sexual orientation and identity or any other characteristics protected by law. Parallel to WorldPride, EuroGames, an inclusive LGBT+ sports event, is starting on 16 August. Athletes from a total of 22 sports will compete. Both events aim to create greater awareness and acceptance of the LGBT+ life situation and the stance against discrimination. In this way, the event embodies the same values as DHL with its purpose "Connecting People. Improving Lives."

 

"We are proud to partner with Copenhagen WorldPride 2021. Reaching diversity, equity and inclusion is one of the major tasks in our modern society", says John Pearson, CEO DHL Express. "Living diversity and promoting inclusion is an integral part of the Group's DNA and unity with acceptance is a core strength of our network. Throughout our business, no one should have to hide because of sexual orientation or gender identity. We accept all employees as they are and we want the best working conditions for everyone, without exception. As a world leader, we see it as our responsibility to make a strong commitment to this and to continue to promote the topic within our society that's why it is firmly anchored in our strategy."

Copenhagen 2021 combines WorldPride and EuroGames. WorldPride is a celebration of inclusivity and love that promotes equality, arts and human rights through marches, festivals, and other cultural activities. With thousands of visitors, the event is the most significant LGBT+ Pride event worldwide in 2021. The EuroGames is a sports program including tournaments, a public program, a Sports Leader Conference, and Sports Village. The sports program is also created to be as inclusive as possible. It will be accessible to those who have trained for years as well as those who just happen to pass by.

"As a truly global event, Copenhagen 2021 WorldPride and EuroGames is delighted to partner with an authentically global brand like DHL," said Benjamin Hansen, Executive Managing Director of Copenhagen 2021. "While we provide activities for thousands of people in Copenhagen and Malmö, we'll simultaneously deliver a digital program to a global audience with a potential reach of many millions."

DHL Express has a longstanding commitment in Diversity, Equity and Inclusion. As the most international company in the world, it is essential to create an inclusive workplace that offers the same great working environment and equal opportunities to everyone. DHL has many initiatives and activities dedicated to different aspects of diversity, such as gender, ethnic and national origin, race, color, religion, age, disability, sexual orientation and identity or any other characteristic protected by law. These range from trainings and workshops to Employee Resource Groups such as the Rainbownet, a network for LGBT+ employees and allies within the Group, pocket guides on the topic of LGBT+, the refugee initiative and collaborative projects within the Group's GoTeach programme, which support young people from disadvantaged backgrounds on their successful career path.

DHL's commitment is also positively evaluated by external awards, with all of the Group's divisions having already received Top Employer certification. In addition, DHL Express was named the world's second-best employer by Great Place to Work in 2020. Deutsche Post DHL Group is also a founding member of the PrOut@Work Foundation, a foundation that aims to increase awareness around the LGBT+ community in the workplace in ways that can be seen, felt and experienced.

Maersk NepalMaersk is redesigning its ocean network in West & Central Asia that connects countries including India, Bangladesh, Sri Lanka, Pakistan, UAE and Saudi Arabia to the world.

The changes in network are primarily aimed at improving speed to market, providing higher predictability and offering more flexibility to customers’ supply chains. Further, redesigning the network will also bring more resilience to the customers’ supply chains, protecting them better from operational challenges that arise out of contingencies.

"Since the beginning of the COVID-19 pandemic, supply chains have experienced a perfect storm. The unprecedented scale of operational challenges restricting supply during the pandemic and the strong demand surge in parallel led to significant bottlenecks, capacity issues and unforeseen delays across supply chains. This prompted us to redesign our ocean network to overcome these challenges and make our customers’ supply chains more resilient." Mads Skov-Hansen, Head of Liner Operations Cluster, Maersk West & Central Asia.

The new ME4 service will offer a direct coverage between Doha and North Europe, thus improving speed to market by up to 5 days and by up to 6 days from Jebel Ali to West Africa for majority of customers; The ME3 service connecting fresh produce exporters from Pakistan to Russia will see an improvement in what are already ‘best-in-industry’ transit times. This will further reduce wastage of the fresh produce by maintaining its integrity through end-to-end cold chain logistics offered by Maersk in Pakistan; The FI3 service will change from fortnightly to weekly giving frequent options for importers getting cargo from Far East into North India.

The ME7 service will connect South India’s lifestyle, retail and automotive manufacturing sector directly to Europe. The cargo will thus flow smoothly without getting affected by unforeseen delays in case of congestions; The ME7 service will also provide a direct and regular rotation between the hubs of Colombo and Salalah, thus letting customers have a more flexible option of moving their cargo; The new FI4 service, that combines previous Jade Express and Chennai Express, will connect South East Asia with India and Pakistan on a single direct service.

"Our customers deserve a predictable service that will allow them to plan their supply chains better. With our redesigned ocean network, we are not only providing our customers with predictability and resilience, but also greater speed to market allowing them optimise their inventories and operations to meet the surge in demand with a competitive edge." Bhavan Vempati, Regional Head of Ocean Management, Maersk West & Central Asia.

As a part of redesigning of the network, the ME6 service as well as transhipment on AE1 at Colombo will be discontinued. Customers will continue to have the options to connect their cargo on a full array of services calling West & Central Asia. The network changes will be implemented in a phased manner and will not affect the total deployed capacity in the global network.

IMO carbon intensity The International Maritime Organization (IMO) is marking a decade of action on cutting greenhouse gas emissions from shipping, since the first set of international mandatory measures to improve ships' energy efficiency was adopted on 15 July 2011, as part of the International Convention for the Prevention of Pollution from Ships (MARPOL).

To support the implementation of the measures and encourage innovation, IMO has been implementing a comprehensive capacity building and technical assistance programme, including a range of global projects. These include the GEF-UNP-IMO GloMEEP Project (now concluded), the European Union funded global network of maritime technology cooperation centres (GMN project), the IMO-Norway GreenVoyage2050 project and the IMO-Republic of Korea GHG SMART Project.

IMO Secretary-General Kitack Lim said: "In July 2011, the first set of mandatory measures to improve the energy efficiency of new build ships was adopted, fundamentally changing the baseline for the performance of the incoming global fleet in terms of emission reduction. The pace of regulatory work to address GHG emissions from shipping has continued within the framework of the IMO Initial Strategy for reducing GHG emissions from shipping, and most recently with the adoption of further, key short-term measures aimed at cutting the carbon intensity of all ships - new build and existing ships - by at least 40% by 2030, compared to the 2008 baseline, in line with the initial strategy ambitions."

"The package of mandatory measures combined with implementation support sets shipping on a pathway to decarbonization. There is more work to do, but we have solid foundations, which is contributing to the global fight against climate change" Mr. Lim said.

IMO has issued an infographic outlining key regulatory and implementation support steps. You can download a high resolution version of this infographic by clicking on it and then saving the file.Addressing climate change - a decade of action to cut GHG emissions from shipping_FINAL_(14-07-21)_small.jpg

The issue of controlling air pollution from ships - in particular, noxious gases from ships' exhausts was discussed at IMO as early as the 1970s, but drew more attention in 1988 when the Marine Environment Protection Committee (MEPC) agreed to include the issue of air pollution in its work programme. In 1991, IMO adopted Assembly Resolution A.719(17) on Prevention of Air Pollution from Ships. The Resolution called on the MEPC to prepare a new draft Annex to MARPOL on prevention of air pollution.

The Kyoto Protocol, which was adopted in December 1997, was a major step in the fight against climate change. It operationalized the United Nations Framework Convention on Climate Change by committing industrialized countries and economies in transition to limit and reduce greenhouse gases (GHG) emissions in accordance with agreed individual targets.

In response, in the same year at the 1997 MARPOL Conference, IMO adopted MARPOL Annex VI on regulations for the prevention of air pollution from ships. This resolution invited the MEPC to consider what CO2 reduction strategies might be feasible in light of the relationship between CO2 and other atmospheric and marine pollutants. The resolution also invited IMO, in cooperation with the UNFCCC, to undertake a study of CO2 emissions from ships for the purpose of establishing the amount and relative percentage of CO2 emissions from ships as part of the global inventory of CO2 emissions.

The MEPC developed operational and technical measures and IMO agreed to include a new chapter on "energy efficiency" in MARPOL Annex VI.

On 15 July 2011, MARPOL Annex VI Parties adopted mandatory energy efficiency regulations for ships – Energy Efficiency Design Index (EEDI) for new ships, Ship Energy Efficiency Management Plan (SEEMP) for all ships.

This represented the first set of mandatory energy efficiency measures for any transport sector.

Since their adoption, further amendments have been adopted to strengthen the EEDI requirements, particularly for certain ship types.

In 2016, IMO adopted the mandatory IMO Data Collection System (DCS) for ships to collect and report fuel oil consumption data from ships over 5,000 gt. The first calendar year data collection was completed in 2019.

In April 2018, IMO adopted the Initial Strategy on the reduction of GHG emissions from shipping, a policy framework which sets key ambitions, including annual greenhouse gas emissions from international shipping by at least half by 2050, compared with their level in 2008, and working towards phasing out GHG emissions from shipping entirely as soon as possible in this century and reducing the carbon intensity of international shipping (to reduce CO2 emissions per transport work), as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008.

The Initial Strategy includes a commitment to assess the impacts on States (particularly Least Developed Countries (LDCs) and Small Island Developing States (SIDS)) of any measure proposed for adoption.

The initial GHG Strategy will be revised by 2023.

In June 2021, IMO adopted key short-term measures aimed at cutting the carbon intensity of all ships by at least 40% by 2030, in line with the ambitions set out in the IMO Initial Strategy.

These measures combine technical and operational approaches to improve the energy efficiency of ships. All ships will have to calculate their Energy Efficiency Existing Ship Index (EEXI) and ships over 5,000 gt will establish their annual operational carbon intensity indicator (CII) and CII rating.

In other words, ships will get a rating of their energy efficiency - A, B, C, D, E - where A is the best.

This is the first time IMO has established a formal rating system for ships. This sends a strong signal to the market: Administrations, port authorities and other stakeholders as appropriate, are encouraged to provide incentives to ships rated as A or B. A ship rated D for three consecutive years, or E, is required to submit a corrective action plan, to show how the required index (C or above) would be achieved.

MARPOL Annex VI has 100 Parties, representing 96.65% of world merchant shipping by tonnage.

IMO's mandatory measures are supported by capacity building, technical assistance and technology cooperation.

Shipping will need new technologies, new fuels and innovation to meet the GHG targets. There needs to be investment in R&D, infrastructure and trials.

A range of IMO-executed projects are focusing on supporting developing countries to implement the MARPOL Annex VI energy efficiency measures and promote trials and training.

XPO LogisticsXPO Logistics, Inc. (NYSE: XPO) today announced that its board of directors approved the previously announced separation of its logistics segment through the distribution of all of the outstanding shares of common stock of its wholly owned subsidiary, GXO Logistics, Inc. (“GXO”), to holders of XPO common stock.

Following the separation, GXO and XPO will be independent public companies with distinct investment identities and service offerings in vast addressable markets. GXO will be the largest pure-play contract logistics provider in the world, and XPO will be a leading provider of transportation services, primarily less-than-truckload transportation and truck brokerage services.

The separation will be effected through a pro rata distribution of all outstanding shares of GXO common stock to XPO’s stockholders of record at the close of business on July 23, 2021, the record date for the distribution. If the distribution is completed, each XPO stockholder will receive one (1) share of GXO common stock for every one (1) share of XPO common stock held on the record date.

The distribution does not require shareholder approval, nor is any shareholder action necessary to receive shares in the distribution of GXO common stock. XPO will distribute an information statement to all XPO shareholders entitled to receive the distribution of GXO shares. The preliminary information statement has been included as an exhibit to GXO’s Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission and describes GXO’s business, certain risks of owning GXO common stock and other details regarding the separation and distribution.

Upon completion of the distribution, XPO will continue to trade on the New York Stock Exchange under the ticker symbol “XPO” and GXO will trade regular way on the New York Stock Exchange under the symbol “GXO”. Beginning on or about July 22, 2021 and expected to continue up to August 2, 2021, there will be two markets in XPO common stock on the NYSE: a “regular-way” market and an “ex-distribution” market. XPO common stock that trades in the “regular-way” market will trade with an entitlement to shares of GXO common stock distributed pursuant to the distribution, such that holders of XPO common stock who sell XPO shares regular way before August 2, 2021 will also be selling their right to receive shares of GXO common stock in the distribution. Shares that trade in the “ex-distribution” market will trade without an entitlement to GXO common stock distributed pursuant to the distribution. XPO investors are encouraged to consult with their financial and tax advisers regarding the specific implications of buying or selling XPO common stock on or before the distribution date and the U.S. federal, state and local or foreign tax consequences of the GXO distribution.

The distribution of GXO common stock is expected to be completed at 12:01 am, Eastern Time, on August 2, 2021, subject to the satisfaction or waiver of certain conditions, including, but not limited to, the Registration Statement on Form 10 for GXO common stock being declared effective by the U.S. Securities and Exchange Commission and other conditions described in the preliminary information statement included in GXO’s Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission. There can be no assurance regarding the ultimate timing of the distribution or that the distribution will be completed.

As previously announced, Brad Jacobs will serve as chairman of GXO’s board of directors. Additionally, as of the date of separation, current XPO directors Oren Shaffer, Marlene Colucci and Gena Ashe will resign from the XPO board to serve as directors of GXO. Mr. Shaffer will serve as lead independent director and Ms. Colucci will serve as vice chair.

Additionally, Clare Chatfield, senior partner with L.E.K. Consulting; Joli Gross, general counsel of United Rentals, Inc.; and Malcolm Wilson, CEO of GXO, will serve as directors of GXO, with a further appointment to follow. Biographies of GXO’s directors and executive officers are or will be included in the preliminary or final information statement that has been or will be filed with the U.S. Securities and Exchange Commission.

On July 13, 2021, XPO hosted a GXO Investor Day webcast that included management’s presentation of GXO’s investment highlights, operations, technology, financial performance and growth prospects, as well as a Q&A session. Interested parties can access an archive of the webcast on gxo.com/investors from July 14 forward.

Goldman Sachs & Co. LLC is acting as financial advisor for the separation transaction and Wachtell, Lipton, Rosen & Katz is acting as legal advisor.

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