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Shares of GXO Logistics (NYSE: GXO) were heading lower after the company said that CEO Malcolm Wilson would retire next year. The decline in the stock seemed to be less of a reflection on Wilson ...
A news report suggests GXO Logistics is seeing buyout interest from multiple parties. ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail.
GXO Logistics, Inc. is an American global contract logistics [3] company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. [ 4 ] [ 5 ] [ 6 ] GXO's corporate headquarters are located in Greenwich, Connecticut , U.S. [ 7 ] Its customers include Apple , Nike Inc. , Boeing ...
The news represents a surprising shift for GXO as the company is known as an acquirer, having made several acquisitions since being spun off from XPO in 2021. The stock was up 14.4% on the news as ...
In August 2021, the company spun off its contract logistics business into a separate company named GXO Logistics, with facilities located primarily throughout North America and Europe. [24] [22] GXO stands for "game-changing opportunities". [25] Malcolm Wilson is the CEO of the company. [26]
Brad Jacobs (born August 3, 1956) is an American businessman who serves as chairman and CEO of QXO, Inc. [1] [2] In addition, he is executive chairman of XPO, Inc., [3] [4] and non-executive chairman of RXO, Inc. and GXO Logistics [5] both of which are spin-off companies from XPO, Inc..
The contract logistics stock could be getting ready for a bull run.
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