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Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture. 

GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

RXO Chief Strategy Officer Jared Weisfeld discussed what it was like to launch a new company amid a freight market downturn on RXO’s one-year anniversary Nov. 1.

GXO Logistics is deploying a new end-to-end supply chain software solution to support its shared warehousing service GXO Direct, the company announced Oct. 3.

GXO Logistics announced Sept. 14 it has entered into a definitive agreement to acquire the high-end e-commerce order fulfillment platform PFSweb.

GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.

GXO Logistics launched a multiyear plan to expand operations in Germany, the company announced June 8.

GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.

GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.

Warehouse operator GXO Logistics announced on Oct. 13 plans to hire about 4,000 employees across the U.S. by the end of the year, as it prepares for a busy holiday season in which it expects a surge in product returns.