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XPO Logistics Acquires Norbert Dentressangle

XPO Logistics, Inc. (“XPO”) today announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle SA held by Mr. Norbert Dentressangle and his family, representing 67% of the company`s outstanding shares, at a price of 217.50 euros per share.  Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “We`re delighted to welcome the customers, employees and suppliers of Norbert Dentressangle to XPO. This combination is an important step in the continued execution of our growth strategy.”

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Friday
May042012

GT Nexus Announces Details for Annual Bridges Conference

GT Nexus announced that its annual user conference, Bridges, will be held in Half Moon Bay, California, on June 3-5, 2012. This annual gathering of large enterprises and supply chain partners is the largest event of its kind, attended by companies with collective revenues in excess of $1 trillion.

“What’s unique about Bridges is that you have more than just a room full of leaders and innovators from the world’s biggest companies,” said Aaron Sasson, CEO of GT Nexus. “These companies also share a common cloud platform to run their respective global supply chains, all benefitting from one another’s presence in the network. Therefore, they are quite vested, which makes the conference valuable, compelling and somewhat unique. This is a powerful community that is driving technology innovation into one of the biggest, most complex industries on the planet.”

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