GXO Logistics(GXO)
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GXO Logistics(GXO) - 2024 Q1 - Quarterly Results
2024-05-07 20:20
Exhibit 99.1 GXO Releases Preliminary First Quarter 2024 Results Company reiterates 2024 guidance; updates long-term financial targets GREENWICH, Conn. — April 24, 2024 — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced selected preliminary financial results for the quarter ended March 31, 2024. The company also reiterated its outlook for the full year 2024 on a standalone basis, updated the full-year 2024 guidance to include the expected impact of ...
GXO Completes Acquisition of Wincanton
Newsfilter· 2024-04-29 07:26
GREENWICH, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced that, effective today, it has completed its acquisition of Wincanton plc. All conditions of the acquisition have been met and GXO is now the sole shareholder of Wincanton. On May 13, 2024, Wincanton shareholders will be sent consideration of 605 pence for each Wincanton share held by those shareholders at the scheme record time (6:00 p.m. BST on 26 April 2 ...
GXO helps Virgin Media O2 cut single use plastic
Newsfilter· 2024-04-26 06:00
GXO's partnership with Virgin Media O2 has helped remove 48 tonnes of single use plastic since 2021 GXO has driven a 94% reduction in single use plastics across its logistics operation LONDON, U.K., April 26, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today that its industry-leading solutions have helped its long-term partner, Virgin Media O2, to significantly reduce plastic waste in its logistics operations. GXO has worked w ...
GXO Announces Pricing of $1.1 Billion Notes Offering
Newsfilter· 2024-04-25 21:29
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. ("GXO" or the "company") (NYSE:GXO) today announced the pricing of $600 million of notes due 2029 (the "2029 notes") and $500 million of notes due 2034 (the "2034 notes", and together with the 2029 notes, the "notes") in a registered public offering. Each offering of notes is expected to close on May 6, 2024, subject to the satisfaction of customary closing conditions. The 2029 notes will bear interest at a rate of 6.250% per annum pay ...
GXO Announces Launch of Senior Notes Offering
Newsfilter· 2024-04-25 13:29
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. ("GXO" or the "company") (NYSE:GXO) today announced that, subject to market and other conditions, it intends to offer one or more series of its senior notes in a registered public offering. GXO intends to use the net proceeds from the sale of the notes, together with borrowings under its previously announced term loan credit agreement entered into on March 29, 2024, to fund its pending acquisition of Wincanton plc ("Wincanton"), to fun ...
GXO Renews Agreement with Mars
Newsfilter· 2024-04-23 11:00
PARIS, France, April 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today that it has renewed its contract with major consumer packaged goods company, Mars in France, a partnership that started 15 years ago. GXO manages storage, distribution, returns and value added-services for a number of Mars brands across its Snacking and Food & Nutrition segments. "We are delighted to expand our partnership with Mars in France," said Rui ...
Daikin and GXO Announce Opening of New Midlands Warehouse
Newsfilter· 2024-04-17 11:00
£4 million investment in new facility Daikin continues to grow with GXO's flexible logistics solution 17-year partnership continues to expand LONDON, U.K., April 17, 2024 (GLOBE NEWSWIRE) -- Daikin, a renowned leader in the heating, cooling and ventilation industry, has announced the opening and commencement of outbound deliveries from its new Midlands warehouse in Daventry, in partnership with its logistics partner GXO, the world's largest pure-play contract logistics provider. Located in the heart of th ...
GXO Appoints Corinna Refsgaard as Chief Human Resources Officer
Newsfilter· 2024-04-09 11:00
GREENWICH, Conn., April 09, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, today announced the appointment of Corinna Refsgaard as Chief Human Resources Officer, reporting to CEO Malcolm Wilson. Refsgaard will be responsible for global talent strategy as well as all strategic, operational and transformational HR processes, including compensation and benefits, workforce planning and performance management. She will be based in London. "We a ...
GXO Schedules First Quarter 2024 Earnings Conference Call for Wednesday, May 8, 2024
Newsfilter· 2024-04-04 11:00
GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO) will hold its first quarter 2024 earnings conference call and webcast on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Tuesday, May 7, 2024, and made available at that time on www.investors.gxo.com. Access information: Call toll-free from U.S./Canada: 877-407-8029International callers: +1 201-689-8029Conference ID: 13745710Live webcast: investors.gxo.com A re ...
GXO Logistics(GXO) - 2023 Q4 - Annual Report
2024-02-15 22:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-K ___________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40470 ___________________________________ GXO Logistics, Inc. ...