GXO Logistics Testing Humanoid Robot at Georgia Facility
Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.
Breaking: Brad Jacobs' Bold Billion Dollar Move
Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture.
December 5, 2023GXO Beats Soft Freight Market With Earnings Gains for Q3
GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.
RXO Executive Reflects on Launching Amid Freight Down Cycle
RXO Chief Strategy Officer Jared Weisfeld discussed what it was like to launch a new company amid a freight market downturn on RXO’s one-year anniversary Nov. 1.
GXO Launches End-to-End Supply Chain Software Solutions
GXO Logistics is deploying a new end-to-end supply chain software solution to support its shared warehousing service GXO Direct, the company announced Oct. 3.
GXO Agrees to Buy PFSweb for First US-Based Acquisition
GXO Logistics announced Sept. 14 it has entered into a definitive agreement to acquire the high-end e-commerce order fulfillment platform PFSweb.
GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%
GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.
GXO Launches Multiyear Expansion in Germany
GXO Logistics launched a multiyear plan to expand operations in Germany, the company announced June 8.
June 12, 2023GXO Reports Record Revenue of $2.3 Billion for Q1
GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.
GXO Reports Higher Revenue, Lower Earnings for Q3
GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.