GXO Logistics Inc. GXO

GXO Logistics, Inc is a leading American global contract logistics company, primarily engaged in the management of outsourced supply chains and warehousing for a range of clients that includes multinational companies and blue-chip market leaders worldwide. The firm’s corporate headquarters are located in Greenwich, Connecticut, and the company was established as an independent company in 2021, when it was spun off from XPO Logistics.

The firm offers solutions in a variety of areas, including ecommerce, reverse logistics, manufacturing support, fulfilment and lead logistics, and aftermarket support, enabling clients to address various logistics need, from warehousing to distribution. The company’s clients span many industries including automotive, aerospace and defence, consumer packaged goods, food and beverage, healthcare, technology and consumer electronics.

The firm is the world’s largest pure play contract logistics provider, operating around 850 warehouse locations, across 25 countries worldwide, and employing a total of around 95,000 team members. The firm provides a shared-space distribution network for customers across North America, giving retailers and manufacturers access to its technology without a traditional distribution centre model. The firm is listed on the NYSE where it trades under the ticker GXO.

Follow this company here on eToro and stay up to date on GXO value changes.