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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 ...
In early 2023, GXO announced a set of bold goals, including 8%-12% organic compound annual revenue growth through 2027, and a 17% compound annual growth rate (CAGR) in adjusted earnings before ...
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]
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The company was later listed on the New York Stock Exchange under the ticker symbol XPO, Inc. [30] In August 2021, XPO, Inc. completed its spin-off of GXO Logistics, and Jacobs became non-executive chairman of GXO's board of directors. [31] [32] [33] In August 2022, Jacobs announced plans to step aside as CEO of XPO, Inc. but remain executive ...
Clipper Logistics plc is a retail logistics company based in Leeds which serves retailers selling fashion, tobacco, alcohol and other high-value goods in the UK and Europe. It has 47 sites across Europe. [3] The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022.
XPO Logistics split into two companies today (August 2, 2021), and the new company is called GXO Logistics. It's a real company with real employees, real trading on the NYSE, real customers, etc., so I don't think this article should be deleted for the simple fact that this article will, inevitably, exist one day.
Snyder's-Lance acquired Diamond Foods. California Resources had a low stock price, and its low market capitalization ranked it at the bottom of the S&P MidCap 400. [269] February 9, 2016: FNB: FNB Corporation: RCII: Rent-A-Center: F.N.B. acquired Metro Bancorp. [270] February 9, 2016: SFM: Sprouts Farmers Market: SWI: SolarWinds