XPO again exploring sale of European transportation business, Bloomberg says

XPO has revived a sale of its European transportation business almost two years since it last scrapped the attempt to divest the operation, Vinicy Chan of Kiel Porter reported last night, citing people familiar with the matter. XPO has been working with advisers and sounding out potential buyers for the business, which includes truckload and freight forwarding services, sources told Bloomberg. The unit could be worth as much as $2B in a sale, one of the people said.