Partnership to play a critical role in developing practical applications of the Apollo humanoid in a warehouse environment GREENWICH, Conn., June 20, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced it is conducting an early-stage proof-of-concept program in partnership with robot manufacturer Apptronik. This collaboration marks another milestone in GXO's strategy to advance humanoid innovation by partnering with developers to help ...

Industry-first pilot tested a humanoid robot in an actual warehouse environment "We're delighted to be recognized by SDCE for our leadership in the development of humanoid technology to drive new efficiencies in the most labor-intensive parts of the supply chain," said Adrian Stoch, Chief Automation Officer, GXO. "We have made the strategic decision to prioritize the humanoid category of our R&D agenda, based on the potential for broad applications combined with the benefit of reducing repetitive heavy lift ...

Industry-first pilot tested a humanoid robot in an actual warehouse environment Greenwich, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has been named the overall winner of Supply & Demand Chain Executive magazine's (SDCE) 2024 Top Supply Chain Projects award for its industryfirst pilot of humanoid robotics. This marks the third consecutive year that GXO has received a top project award and the fi ...

The development of automation, robotics, and advanced analytics makes this contract logistics provider's solutions more valuable. Management defines its major secular growth drivers as follows: Given such strong underlying earnings drivers, investors can ask why the stock trades at more than 52% off its all-time high. Where the market is now It's difficult to time the bottom of the market at the best of times, and there may be more turbulence for GXO in 2024. Still, the long-term outlook is excellent and st ...

Media contacts "GXO is uniquely positioned in the supply chain to make an impact, as our ESG journey is not just our own: thousands of companies rely on us to make their operations more sustainable by increasing resource efficiency, extending product lifecycles and promoting a circular economy," said Malcolm Wilson, Chief Executive Officer, GXO. "This year I'm particularly proud of the expansion of our ESG Impact Ambassadors program, which ensures our ESG initiatives reflect input from customers and team me ...

Thomas Barwick Introduction GXO Logistics (NYSE:GXO) has really captured my attention over the last few months. As one of the only pure-play, publicly traded warehouse logistics companies out there, GXO is what captured my attention at first, but when I dived into their business, I discovered what I believe to be a significantly under-appreciated stock. More so, I believe the market is currently undervaluing this business, and I am willing to bet against that pessimism. With the analysts, I also believe tha ...

Program provides on-demand employment opportunities for students, caregivers, retirees and others who value ability to make their own schedules GXO leads industry with successful pilot across the U.S., increasing workforce flexibility, raising engagement and paving way for wider rollout GREENWICH, Conn., May 21, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has completed a successful pilot of a workforce flexibili ...

GXO leads industry with successful pilot across the U.S., increasing workforce flexibility, raising engagement and paving way for wider rollout GREENWICH, Conn., May 21, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has completed a successful pilot of a workforce flexibility platform that provides flexible arrangements for more than 1,100 "gig workers" to supplement its workforce at eight GXO warehouses across the ...

Almost everyone knows that automation is going to be a very big trend over the coming decades. The AI revolution is just getting started. But it's clear this transition toward an AI-driven future has begun in a much different way than many thought. People expected blue-collar jobs to be replaced first by AI, and almost everyone thought that white-collar jobs were not going to be disrupted in decades to come. Of course, reality has struck, as AI can help do a lot of white-collar jobs these days. That said, i ...

PFSweb, now part of GXO, launches new order fulfillment solution for leading luxury jeweler GREENWICH, Conn., May 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has launched a new fulfillment operation for Ring Concierge in the U.S. "We're excited to add Ring Concierge as a valued customer in the luxury jewelry market," said Jorge Guanter, President, Americas and Asia Pacific, GXO. "PFS brought extensive experi ...