GXO News Updates

BusinessLogistics

GXO Releases First Quarterly Earnings Report

GXO Logistics released its first earnings report Nov. 1 after becoming an independent company.

November 1, 2021
BusinessLogistics

GXO Plans Hiring Blitz Ahead of Peak Holiday Season

GXO Logistics plans to hire more than 9,000 employees across the U.S. and Canada ahead of the peak holiday season, the company announced Oct. 13.

October 13, 2021
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GXO, Abercrombie & Fitch to Open Automated Distribution Center

GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.

October 6, 2021
BusinessLogisticsTop 100

GXO Survey Shows Pandemic Trends Have Accelerated Online Returns

GXO Logistics Chief Investment Officer Mark Manduca detailed Aug. 24 what is driving a rise in online returns and what that may mean for transportation.

August 25, 2021
BusinessTechnologyLogisticsAutonomousTop 50

XPO Posts Q2 Profit on Record Revenue

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

July 29, 2021
BusinessLogistics

XPO Spinoff GXO to Go Public Aug. 2

GXO Logistics will sell shares to the public for the first time Aug. 2 on the New York Stock Exchange, executives said during an investor day presentation July 13.

July 13, 2021
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XPO Announces GXO鈥檚 $800 Million Notes Offering

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

June 18, 2021
BusinessLogisticsTop 50

XPO Says GXO Spinoff Should Be Completed by Q3

XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.

June 9, 2021
BusinessLogisticsTop 50

XPO Logistics Announces SVP of Strategy for Spinoff GXO

XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.

May 24, 2021
BusinessLogisticsTop 50

XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

April 7, 2021