GXO Logistics has debuted on the New York Stock Exchange, with around 5% of the contract logistics market in North America and Europe. It has its eyes set on warehouse automation growth, with automotive as a potential growth area.
Honda has closed its Swindon, UK plant, as it ends European production. The carmaker is focusing electric vehicle investment and scale in Asia, and is a sign of how electrification could reshape manufacturing footprints.
The summer digital edition of Automotive Logistics and Finished Vehicle Logistics magazine is out now features interviews with Ford and VW, as well as an overview of activity at the North American vehicle handling ports