The contract logistics provider said it wants to create the world’s largest air- and ground-based security robotics fleet.
Logistics provider GXO is now using 3D technology to automatically measure and size shipping boxes to the item being shipped.
Mark Manduca, CIO for GXO, told Modern Shipper the company is proving its logistics business model works, and retailers are responding positively.
The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.
GXO will open a 715,000-square-foot distribution center in Arizona to handle distribution and e-commerce fulfillment for retailer Abercrombie & Fitch.
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.
GXO Logistics looks to capitalize on favorable macro trends.
XPO Logistics provided updated expectations for the second quarter and issued 2022 guidance for soon-to-be stand-alone logistics company GXO.
