Latest posts about GXO Logistics
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GXO heralds partnership with Apptronik on an AI-enabled humanoid robot
June 20, 2024
A GXO spokesman told LM that this new partnership between GXO and Apptronik is about advancing humanoid automation to meet the demands of today’s supply chain, adding that advanced automation makes distribution center operations faster and more efficient for customers and creates new opportunities for people while enhancing safety.
GXO Expands Workforce Flexibility with Gig Work Pilot
May 21, 2024
GXO Logistics successfully completed a pilot program offering flexible work arrangements to over 1,100 gig workers across eight U.S. warehouses.
GXO Logistics Deploys 500 Robots for Top Sporting Goods Retailer
May 16, 2024
GXO Logistics has implemented a first-of-its-kind robotics solution for a major global sporting goods retailer in Europe.
GXO and Conair Open Maryland’s Largest Distribution Center
May 10, 2024
GXO and Conair open a massive distribution center in Maryland, set to create 700 jobs and enhance regional logistics.
GXO’s acquisition of Wincanton is a done deal
April 29, 2024
The acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics, has gone from pending to completed, GXO announced today.
Women in Supply Chain: Meagan Fitzsimmons
April 1, 2024
GXO's Meagan Fitzsimmons discusses being a woman in supply chain, challenges she's faced, and advice she'd give other females entering the industry.
GXO’s acquisition of Wincanton remains on track for completion by late April
March 14, 2024
The pending acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics appears to remain on track, according to a “scheme of arrangement” recently issued by Wincanton.
Wincanton’s board endorses GXO’s acquisition offer
March 1, 2024
Following a previous announcement that Greenwich, Conn.-based global contract logistics services provider GXO Logistics made a $965 million cash offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, it appears that Wincanton is receptive to the offer.
GXO makes an offer to acquire UK-based Wincanton
February 29, 2024
Greenwich, Conn.-based global contract logistics services provider GXO Logistics said earlier today it has made an offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets. GXO said it has made a $965 million cash offer for Wincanton.
Agility Robotics’ 5-foot-9 Robot Digit Starts Work in GXO Logistics Warehouse
December 15, 2023
GXO Logistics will pilot Digit, a human-centric robot from Agility Robotics, in warehouse operations at a SPANX facility in Georgia.
GXO begins pilot of Agility Robotics’ Digit robot
December 8, 2023
The robot is being tested on logistics tasks at SPANX’s facility in Flowery Branch, Ga., where GXO manages warehouse operations for the global womenswear brand’s direct-to-consumer and in-store orders.
GXO’s acquisition of PFSweb is a done deal
October 24, 2023
GXO officials said that with PFSweb in the fold it will expand GXO’s offering in high-growth verticals, including cosmetics and luxury goods, across North America and Europe by leveraging PFSweb’s relationships with more than 100 brands.
GXO taps up a new deal with Heineken UK
July 25, 2023
GXO will operate Heineken UK’s warehouse, distribution and secondary transport network to retail and wholesale outlets across the U.K., as well as exclusively to Heineken’s entire U.K. pub estate—Star Pubs & Bars. GXO said this network manages more than 500,000 deliveries per year to more than 8,000 customers from point of production to retail and wholesale delivery.
Talking Supply Chain: Technology powers contract logistics growth
June 20, 2023
GXO CIO Mark Manduca talks company’s growth, role of automation in the supply chain.
GXO sets new revenue record in Q2 earnings results
May 10, 2023
Second quarter revenue rose 12% annually to $2.3 billion, for a new company record. And the company reported $25 million of net income attributable to GXO, down from $37 million a year ago, and $158 million of adjusted EBITDA. Adjusted earnings per share came in at $0.49, topping Wall Street expectations of $0.44. Operating income came in at $42 million, up 14% year over year compared with $37 million for the first quarter 2022.