EXEL SIGNS DISTRIBUTION PACT WITH MOTOROLA

EXEL SIGNS DISTRIBUTION PACT WITH MOTOROLA    Exel Plc, a logistics group based in London, has signed a deal with mobile phonemaker Motorola Inc. to manage new distribution facilities in Chicago and Amsterdam for semiconductor products.
   According to The Financial Times, the five-year contract is worth about $200 million. The companies did not release financial terms.
   Exel will manage distribution, warehousing and outbound shipments for a portion of Motorola’s supply chain.