GXO slightly beats fourth-quarter EPS guidance
Revenue strength will likely be a second-half story for GXO.
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