GXO Logistics Company Profile

April 29, 2024 The acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics, has gone from pending to completed, GXO announced today.

April 1, 2024 GXO's Meagan Fitzsimmons discusses being a woman in supply chain, challenges she's faced, and advice she'd give other females entering the industry.

March 14, 2024 The pending acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics appears to remain on track, according to a “scheme of arrangement” recently issued by Wincanton.

March 1, 2024 Following a previous announcement that Greenwich, Conn.-based global contract logistics services provider GXO Logistics made a $965 million cash offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, it appears that Wincanton is receptive to the offer.

February 29, 2024 Greenwich, Conn.-based global contract logistics services provider GXO Logistics said earlier today it has made an offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets. GXO said it has made a $965 million cash offer for Wincanton.

February 6, 2024 GXO Logistics, Inc. recently announced it is partnering with Dexterity to pilot human-like robots for depalletizing, labeling, and repalletizing packages.

December 15, 2023 GXO Logistics will pilot Digit, a human-centric robot from Agility Robotics, in warehouse operations at a SPANX facility in Georgia.

December 8, 2023 The robot is being tested on logistics tasks at SPANX’s facility in Flowery Branch, Ga., where GXO manages warehouse operations for the global womenswear brand’s direct-to-consumer and in-store orders.

October 24, 2023 GXO officials said that with PFSweb in the fold it will expand GXO’s offering in high-growth verticals, including cosmetics and luxury goods, across North America and Europe by leveraging PFSweb’s relationships with more than 100 brands.

July 25, 2023 GXO will operate Heineken UK’s warehouse, distribution and secondary transport network to retail and wholesale outlets across the U.K., as well as exclusively to Heineken’s entire U.K. pub estate—Star Pubs & Bars. GXO said this network manages more than 500,000 deliveries per year to more than 8,000 customers from point of production to retail and wholesale delivery.

July 25, 2023 GXO Logistics, which said it has deployed a record amount of operational technology, has created the role of chief automation officer to lead strategy for automation and AI.

July 11, 2023 GXO's robots have achieved a throughput of 1,200 units per hour at the pilot installation.

June 20, 2023 GXO CIO Mark Manduca talks company’s growth, role of automation in the supply chain.

May 10, 2023 Second quarter revenue rose 12% annually to $2.3 billion, for a new company record. And the company reported $25 million of net income attributable to GXO, down from $37 million a year ago, and $158 million of adjusted EBITDA. Adjusted earnings per share came in at $0.49, topping Wall Street expectations of $0.44. Operating income came in at $42 million, up 14% year over year compared with $37 million for the first quarter 2022.

April 12, 2023 London-based retailer Sainsbury’s said this week it has tabbed Greenwich, Conn.-based global contract logistics services provider GXO Logistics to operate all of the company’s outsourced food warehouses, for fresh and frozen food products, throughout England.