GXO Logistics

GXO Logistics, Inc. provides logistics services in North America and Europe. It offers warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services. The company was founded on February 16, 2021, and is headquartered in Greenwich, CT.

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GXO Logistics exceeds Q4 expectations, eyes accelerated growth towards 2027

GXO's strong Q4 performance and strategic targets for 2027 reflect a growth-oriented approach with a focus on M&A and operational efficiency
While facing challenges in a softer macro environment, the company's emphasis on cost synergies, customer retention, and growth opportunities positions it well for the future
Opportunities for accelerated growth, margin improvements, and operational enhancements underscore GXO's potential for sustained success and value creation
Overall, GXO's performance, strengths, and strategic initiatives indicate a resilient and forward-looking company poised for continued growth and profitability

GXO Logistics reports strong Q1 earnings, eyes tech growth

GXO Logistics had a robust Q1 2023, with strong revenue growth and increased operational tech deployment. They expect continued growth driven by automation and strategic partnerships, focusing on margin expansion and cost efficiency.
The company's strengths lie in GXO Direct's expansion, high-quality contracts, and focus on generating free cash flow. Challenges include cost alignment with growth and maintaining normalized inventory levels post-pandemic.
Opportunities for GXO include tech acceleration, value creation through M&A, and capitalizing on reverse logistics. They prioritize sustainability, shareholder value enhancement, and operational efficiency for future growth.

GXO Logistics reports robust Q2 earnings, eyes automation for growth

GXO Logistics continues to deliver strong financial performance, with revenue and EBITDA exceeding expectations and a focus on operational excellence.
The company's strategic partnerships, scalable cost structure, and emphasis on automation position GXO for sustained growth and margin improvement.
While facing challenges in certain markets, GXO's focus on efficiency, automation, and market expansion presents significant opportunities for future growth and profitability.

GXO Logistics reports record Q3 revenue and raises guidance

GXO Logistics excelled in Q3 with record revenue and EBITDA, driven by automation focus and new business wins. While facing organic growth challenges, the company remains confident in its ability to capitalize on industry growth potential and automation trends.

GXO Logistics reports stellar 2023 performance and optimistic outlook

GXO delivered a stellar 2023 with strong financial performance and $1 billion in new business wins. The outlook for 2024 is positive, with sequential growth expected throughout the year.
Strengths include a balanced portfolio, strategic partnerships, and a focus on automation and outsourcing. Challenges include warehouse capacity impacts and questions on outsourced contract trends.
Opportunities lie in reversing inventory adjustments, pursuing M&A targets, and capitalizing on the outsourcing trend. GXO's focus on efficiency and technology positions it well for future growth.
Overall, GXO's performance, strengths, and opportunities align with market trends, indicating a promising trajectory for sustained success and shareholder value creation.

GXO Logistics reports record Q2 revenue and strategic growth plans

GXO Logistics delivered a strong performance in Q2, with record revenue and significant new business wins.
While facing challenges in the North American market, the company remains optimistic about future growth and operational enhancements.
Strategic acquisitions, emphasis on automation, and commitment to innovation position GXO for continued success and value creation.

GXO Logistics reports record Q3 earnings and eyes European growth

GXO Logistics excelled in Q3 2024, showcasing robust financial performance, strategic partnerships, and technological advancements. While challenges like debt reduction and operational efficiency persist, the company is well-positioned to capitalize on growth opportunities in e-commerce and automation, driving future success.

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GXO Logistics, Inc. provides logistics services. It offers warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services. The company was founded on February 16, 2021 and is headquartered in Greenwich, CT.

GREENWICH, Conn., April 06, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provider, announced it has signed an exclusive sponsorship agreement with Vogue Business for its newsletter focused on the global supply chain.

GXO to be Exclusive Sponsor of New Vogue Business Supply Chain Newsletter

Excell e nt performance at Aylesford , U.K. site leads to a new warehouse in the Netherlands

GXO Expands Harry's Partnership to Grow Across U.K. and Europe

GREENWICH, Conn., March 31, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that Maryclaire Hammond and Bill Fraine have been recognized by Supply & Demand Chain Executive magazine (SDCE) for their accomplishments in the supply chain industry.

GXO Executives Named 2021 SDCE ‘Pros to Know' for Leadership in the Supply Chain Industry

WILMINGTON, Mass. , March 29, 2022 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR) for fulfillment warehouses, has been chosen by GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provider, as the primary AMR technology to support high-volume order fulfillment for a large sports-fashion retail company in the U.K. and Netherlands.

Locus Robotics Chosen by GXO to Support Its Logistics Solution for Customer Warehouses in the U.K. and Netherlands

GXO 's worldwide use of collaborative robots increased 200% in 2021 , enhanc ing efficiency, productivity and safety

GXO Deploys a Fleet of Autonomous Robots in the U.K. and the Netherlands

GXO Logistics announced Monday a firm offer to acquire U.K.-based Clipper Logistics. Terms of the offer are unchanged and if successful, GXO would acquire Clipper for approximately $1.3 billion in a cash and equity transaction.

GXO makes firm offer for Clipper Logistics

The acquisition enhances GXO's strengths.

Why GXO Logistics Is Buying Clipper Logistics

XPO Logistics

The need for warehouse space and the people and tech to run it is at an all-time high. Getting goods to consumers faster has become the equation every supply chain manager is trying to solve.

M&A just one avenue of growth for GXO

GXO Logistics has reached an agreement to buy Clipper Logistics for £943 million ($1.28 billion), Bloomberg reported Sunday (Feb. 20).

GXO Logistics to Buy Clipper Logistics, Solidifying Supply-Chain Management

GXO Logistics ( GXO , Financial) Inc. said it has reached an agreement on the key terms of a possible cash and share offer for Clipper Logistics plc ( LSE:CLG , Financial)( CLPLF , Financial). The size of the deal is reportedly around $1.3 billion.

GXO to Buy Clipper Logistics For $1.3 Billion

U.K. logistics retailer Clipper Logistics said Monday it has agreed to a possible takeover by U.S. peer GXO Logistics in a deal valuing the company at around £943 million ($1.3 billion).

GXO Logistics Agrees to Buy Clipper Logistics in $1.3 Billion Deal

Clipper Logistics PLC (LSE:CLG) has agreed to the key terms of an offer being considered by GXO Logistics Inc that values each Clipper share at 920p. The possible offer is to acquire each Clipper share for a combination of cash (690p per share) plus new GXO shares to the (implied) value of 230p (based on US dollar exchange rates and the recent price history of GXO shares).

Clipper Logistics amenable to indicative 920p a share offer from GXO Logistics

GXO Logistics announced Sunday it has reached a tentative agreement to acquire U.K.-based Clipper Logistics for roughly $1.3 billion in cash and stock. Under the “possible offer,” GXO (NYSE: GXO) would use 75% cash and 25% in new equity to acquire Clipper's (CLG.L.EB) common shares.

GXO hammers out details of possible $1.3 billion bid for Clipper Logistics

During the busiest time of year, GXO Logistics delivered a knockout quarter.

GXO Logistics Flexes Its Muscles During the Holidays

GXO Logistics' (GXO) CEO Malcolm Wilson on Q4 2021 Results - Earnings Call Transcript

Contract logistics giant GXO Logistics Inc. posted strong fourth-quarter results late Tuesday, with revenue up 28% to $2.3 billion, and adjusted diluted earnings per share of 73 cents beating Wall Street estimates by 15 to 17 cents. The Greenwich, Connecticut-based company, which was spun off from XPO Logistics Inc. (NYSE: XPO) last August, also raised its full-year 2002 earnings guidance, increasing adjusted earnings before interest, taxes, depreciation and amortization to a range of $707 million to $742 million, from a range of $705 million to $740 million.

GXO Logistics posts solid Q4 results

GXO Logistics Reports Fourth Quarter and Full Year 2021 Results

GXO Logistics Inc (NYSE: GXO) entered a partnership to outsource and transform part of BT Group plc's (OTC: BTGOF) supply chain across the U.K. as part of a new, long-term relationship. The new partnership with GXO forms part of BT's ongoing strategy to simplify and modernize its business.

GXO Logistics To lead BT's Supply Chain Outsourcing

LONDON, U.K., Feb. 09, 2022 (GLOBE NEWSWIRE) -- BT Group (BT) and GXO Logistics, Inc.  (NYSE: GXO), today announced a partnership to outsource and transform part of BT Group's supply chain across the UK as part of a new, long-term relationship.

GXO to lead BT's supply chain outsourcing

One size fits all, except when it doesn't. Dimensional weight shipping rates have grown in popularity as e-commerce has taken off with customers.

GXO deploys 3D tech, automation to create custom-sized packaging

Automated packaging solution enables exact sizing to save materials, reduce shipping costs and enhance sustainability Automated packaging solution enables exact sizing to save materials, reduce shipping costs and enhance sustainability

GXO Uses 3D Technology and Automation to Custom Size Packaging

GXO Logistics Inc (NYSE: GXO) has entered a multi-year contract with Zooplus AG (OTC: ZLPSF), an online pet food and accessories retailer operating in 30 European countries. Deal terms were not disclosed.

GXO Logistics To Launch Automated Ecommerce Hub For Zooplus In Czech Republic

Recognized as one of the logistics industry's most innovative companies Recognized as one of the logistics industry's most innovative companies

GXO Named to 2022 FreightTech 100

New automation technology brings higher productivity to existing site New automation technology brings higher productivity to existing site

GXO Achieves Industry First with Multi-Tiered Collaborative Mobile Robot

Shares of transport company XPO Logistics Inc. and logistics firm GXO Logistics Inc., which XPO spun off in August into a publicly traded entity, fell sharply on Friday after public filings the day before disclosed that Brad Jacobs, XPO's founder and the chair of both companies, sold 3.2 million shares in each. The sales account for about 20% of Jacobs' holdings in each company.

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