GXO Logistics

The board of UK logistics firm Wincanton has unanimously recommended GXO’s $965 million buyout offer.

Revenue strength will likely be a second-half story for GXO.

GXO Logistics is closing a Memphis distribution facility and laying off 211 workers.

A GXO location in Groveport, Ohio, outside Columbus, will shutter on Jan. 15.

GXO has expanded into high-end verticals with its acquisition of PFSweb.

GXO Logistics has ceased operations and laid off 378 workers at several locations across the country in recent months.

GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.

GXO plans to run a new facility for consumer giant Kellogg in Belgium.

DHL Supply Chain and GXO Logistics are laying off at least 185 workers in Texas as a result of losing customers.

In this edition: Earnings season highlights, the rise in flatbed demand and Roadcheck starts Wednesday.

GXO, the world’s largest pure-play contract logistics provider, posted a record 12% year-over-year revenue gain.

GXO will operate six new warehouses in the U.K. for supermarket giant Sainsbury’s.

The XPO contract logistics spinoff GXO is expanding its shared warehousing solution globally, starting with the European market.

There were ‘no surprises’ in GXO’s quarterly report, according to CFO Baris Oran.

The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.

The contract logistics provider sees a solid demand for the next five years.

Reverse logistics is a tough, unfamiliar skill set for 3PLs. But the potential payoff is huge.

GXO Logistics said it has doubled the use of automation in its facilities and is operating nearly 7,600 pieces of technology.

In a stunning announcement, an analyst and his company that could be seen as skeptical of XPO’s prospects won’t be tracking the company moving forward.

GXO Logistics is planning to lay off 262 employees from two warehouse operations in the Dallas area by Dec. 10.

About half of the positions will be added in the U.K., with 4,000 in the U.S

GXO Logistics plans to add 22,000 employees to support the holiday shopping season, with many of the positions extending into the new year.

GXO Logistics has received regulatory approval to complete its $1.3 billion acquisition of U.K.-based Clipper Logistics.

GXO Logistics has opened a new facility for Bayer Crop Science under its flexible warehousing option GXO Direct.

One year into its existence, GXO Logistics continues to find contract logistics is the right fit.

GXO’s earnings per share beat estimates, and it raised full-year guidance for revenue and earnings.

GXO Logistics Inc. plans to permanently shutter its Milwaukee-area facility and lay off 144 workers by September.

El cierre de las instalaciones del área de Milwaukee está previsto para septiembre

La demanda sigue siendo sólida, aunque los problemas de oferta frenan la capacidad de LTL, dicen los ejecutivos en las giras de inversionistas

XPO executives tell investors why they chose to downsize the company, and vow to significantly boost LTL capital spending.

The contract logistics provider said it wants to create the world’s largest air- and ground-based security robotics fleet.

The current president of XPO’s North American brokerage unit to head the spun-off company’s most important business.

Increasing use of automation is helping GXO Logistics reduce the carbon footprint of its facilities and customer supply chains.

Mehrotra said he was excluded from asking questions because of criticisms of its LTL operations.

Capacity constraints, wars and more are putting pressure on logistics operators to innovate like never before.

The company will become a stand-alone LTL carrier in North America.

Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.

Contract logistics giant GXO sees numerous growth opportunities for years to come.

GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.

Strong revenue and EPS numbers spark an after-hours share rally.

Solution in use in France measures and cuts boxes to fit item properly, eliminating excess packaging

XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.

This week: DHL reaches its 2 billion COVID-19 vaccine delivery milestone, United Petroleum names its Driver of the Year and GXO donates over 20,000 pounds of food to families in Europe.

Los transportadores que modificaron su identidad a través de fusiones y adquisiciones en el último año

Several asset-based carriers changed their course through M&A in 2021.

Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.

GXO Logistics will open an e-commerce warehouse in Atlanta for MYXfitness, an at-home fitness brand.

Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.

Big volumes of container traffic are hitting GXO’s facilities, Wilson says.

Saks will leverage GXO’s logistics expertise to fulfill e-commerce orders from a new Pennsylvania fulfillment center.

The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.

Also on this week’s podcast: A shoutout to fuel surcharges.

Companies will demand a full, scalable suite of services from their partners over the next few years, leading to widespread consolidation and the emergence of a handful of clear leaders with considerable market share.

XPO Logistics announced a 5 million-share equity offering on Monday. Half of the stock would be a new issuance from the company with the other half being sold by an affiliate of Brad Jacobs, XPO’s chairman and CEO.

CIO named for soon-to-be-spun-off company