Expect the sale or spin-off of some business to make XPO more a “pure-play” LTL trucking company — smaller, but more focused on US shippers and better positioned to increase shareholder value.

The UK election result has introduced more certainty around Brexit, although the much-needed trade details of the withdrawal agreement have yet to be thrashed out.

The threat of a no-deal Brexit is spurring shippers to nail down ocean options that will avoid the dominant road-ferry routes carrying much of the UK-Europe trade.

A government report on the worst case Brexit scenario outlines the damage that could be in store should the UK leave the European Union without a deal.