GXO

Supply chain firms in the U.S. have laid off more than 5,235 workers since the beginning of October.

GXO Logistics CEO Malcolm Wilson will retire next year after leading the company since 2021.

Amazon, DHL, GXO, Kuehne+Nagel, Pepsico and True Value Co. are among firms announcing job cuts, according to a new round of worker reduction notices.

GXO Logistics Inc. sees an upward trend in the global freight market in 2025, boosted by e-commerce.

GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.

Over 600 layoffs hit freight-related companies in California, Illinois and New York, with the businesses citing loss of customers and an acquisition as reasons for the cuts.

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GXO Logistics’ second-quarter revenue surged 19% year over year to $2.8 billion.

Brad Jacobs’ QXO is ready to begin acquisitions with a war chest of $5 billion in hand after two big deals.

GXO Logistics achieved 6% revenue growth in the first quarter, despite challenging freight market conditions.

In today’s FreightTech Friday roundup, we explore Transportation One’s new tech, a Truckstop survey on carrier sentiment and a recent round of funding.

The two key ratings agencies expressed caution about the debt metrics on GXO’s acquisition of Wincanton. (Photo: GXO)

XPO founder Brad Jacobs is acquiring SilverSun Technologies as a platform to make acquisitions in a yet-to-be-announced industry.

Shared warehousing, distribution and fulfillment services are making it possible for companies to adapt to fluctuations in demand, providing the same functional benefits of an owned warehouse, distribution or fulfillment center without the upfront investment and risk.

Brad Jacobs, who founded XPO and its spinoffs, didn’t provide any details on what his next venture is going to focus on.

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

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

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

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

Based on North American net revenue