GXO has distributed almost 4 million makeup and skincare products to Beauty Pie customers across the UK LONDON, U.K. , Oct. 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, celebrated its first year providing order fulfillment services for Beauty Pie, a luxury cosmetics retailer, following its acquisition of PFSweb (PFS). In Q3 2023, Beauty Pie partnered with GXO to provide order fulfillment, carrier and business management, and value- ...

PARIS, France, Oct. 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.(NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has extended and expanded its partnership in France with Henkel, a multinational chemical and consumer packaged goods company. GXO manages storage, distribution, seasonal returns and value added-services for an array of Henkel brands across its laundry and homecare segments and will now expand its services to include Henkel's iconic beauty brands. "We ...

GXO to become Matalan's strategic transport partner, responsible for over 550 weekly deliveries to over 200 Matalan stores across the UK&I New partnership will help to optimise Matalan's transport network, supporting its supply chain efficiency and commitment to deliver for customers LONDON, U.K., Oct. 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure play contract logistics provider and one of the U.K. and Ireland's leading logistics and transportation partners, today a ...

A news report suggests GXO Logistics is seeing buyout interest from multiple parties. GXO Logistics (GXO 6.73%) was spun off from XPO (XPO 3.79%) in 2021 with a lot of promise and bright prospects. The company was created as the world's largest independent, pure-play contract logistics company with close to 1,000 warehouses in North America and Europe. Separating from XPO, the argument went, would allow the company to focus on acquisitions that best serve its own goals and use debt and equity compensation t ...

GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its third quarter 2024 earnings conference call and webcast on Tuesday, November 5, 2024, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Monday, November 4, 2024, and made available at that time on www.investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029 International callers: +1 201-689-8029 Conference ID: 13749227 Live webcast: investors.gxo ...

GXO will manage two logistics centers in Vitoria of nearly 20,000 square meters, strengthening its footprint in the North of Spain GXO's use of automation will play a crucial role in optimizing Forum Sport's logistics operations MADRID, Spain, Oct. 01, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced a new strategic partnership with Forum Sport, a leader in the distribution of sports equipment. GXO will handle B2B and B2C order pr ...

Agreement offers exceptional flexibility on a RaaS model GREENWICH, Conn., Sept. 18, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced a new agreement with Reflex Robotics, a cutting-edge general-purpose humanoid startup, to pilot Reflex's robotics solution for deployment into live operations. This is GXO's second Robots-as-a-Service (RaaS) agreement. The Reflex Robot is an out-of-the-box solution that reaches operational cap ...

Most investors tend to panic sell once the market's volatility awakens from its often long sleep. As the S&P 500 or the value of any portfolio starts to decline suddenly like it did last week, the main risk management tool market participants look to is simply to reduce exposure to these positions, and that's typically done by selling out. The problem is the market is not a black-and-white world, as was experienced last week. The recovery from the worst day of 2024 came not a week after, not a day after, bu ...

Thomas Barwick Summary Following my coverage on GXO Logistics (NYSE:GXO) in Feb'24, which I recommended a buy rating as underlying demand trends were moving in the right direction, this post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for GXO as the outlook has gotten better. Various macro indicators and GXO's organic business wins paint a robust growth outlook for the near term, which gives confidence that the business is on track to meet its FY27 targets. In ...

GXO Logistics slipped on its earnings report. Is it a buying opportunity? GXO Logistics (GXO -1.16%) is the world's largest pure-play contract-logistics company. The company was spun off from XPO in 2021 under the logic that as separate companies, each one could make acquisitions in its own interest and allocate capital in the way that best suited it. GXO has executed on that vision, making three acquisitions in three years and growing organically as well. However, a sluggish economy has presented challenge ...