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GXO (GXO 12.27%) named a new leader and won regulatory approval to integrate a big acquisition. Investors are celebrating the developments, sending shares of the contract logistics provider up 11% as of 2 p.m.
The Investment Committee give you their top stocks to watch for the second half.
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GXO Logistics has hired veteran DHL executive Patrick Kelleher to succeed Malcolm Wilson as chief executive of the contract logistics provider, effective Aug. 19.
GXO Logistics has hired veteran DHL executive Patrick Kelleher to succeed Malcolm Wilson as chief executive of the contract logistics provider, effective Aug. 19.
GREENWICH, Conn., June 20, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced the appointment of seasoned supply chain leader Patrick Kelleher as its new chief executive officer, effective August 19, 2025.
GREENWICH, Conn., June 19, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced that the UK Competition and Markets Authority (CMA) has cleared GXO's acquisition of Wincanton subject to the divestment of a small number of Wincanton grocery contracts in the UK, and that integration will be permitted with the vast majority of the Wincanton business once certain administrative conditions are met. The company also announced today that it is raising full-year guidance on organic revenue growth, adjusted EBITDA and adjusted diluted EPS.
Service platform from PFS acquisition integrated into a unified, scalable fulfillment offering for midsize companies & growing brands
PARIS, France, May 22, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced a long-term contract renewal and extension with bioMérieux, a world leader in the field of In Vitro Diagnostics providing solutions to improve patient health and to ensure consumer safety.
Toolstation outsources its logistics operations in the Netherlands for the first time EINDHOVEN, The Netherlands, May 20, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. , the world's largest pure-play contract logistics provider, today announced a new partnership in the Netherlands with Toolstation, a leading supplier of building supplies and tools for professionals and serious DIY customers, and one of the fastest growing businesses in Europe. The agreement marks Toolstation's first outsourcing partnership in the Netherlands and highlights GXO's ability to seamlessly transition and scale logistics operations for customers.