Latest news with #GXO
Business Upturn
17-07-2025
- Business
- Business Upturn
GXO Schedules Second Quarter 2025 Earnings Conference Call for Wednesday, August 6, 2025
By GlobeNewswire Published on July 17, 2025, 16:00 IST GREENWICH, Conn., July 17, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2025 earnings conference call and webcast on Wednesday, August 6, 2025, at 8:30 a.m. Eastern Time. The company's results will be released after market close on Tuesday, August 5, 2025, and made available at that time on Access information: Call toll-free from U.S./Canada: 877-407-8029International callers: +1 201-689-8029Conference ID: 13754139 Live webcast: A replay of the conference call will be available for approximately two weeks, until August 20, 2025, by calling toll-free (from U.S./Canada) 877-660-6853; international callers dial +1 201‑612‑7415. Use the passcode 13754139. About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet. The company serves the world's leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube. Investor Contact Kristine Kubacki, CFA+1 203-769-7206 [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
15-07-2025
- Business
- Business Upturn
GXO Signs Partnership Agreement with Sky Italia for Logistics Services and Value-added Activities in Italy
The agreement with Sky Italia, part of one of the leading entertainment groups in Europe, includes supply chain management and strategic value-added activities MILAN, Italy, July 15, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has signed a multi-year agreement with Sky Italia, Italy's leading media & entertainment company and a European entertainment leader. The agreement involves managing Sky's supply chain from the GXO warehouse in Colleferro where Sky's Business Core products (decoders and routers) and the Glass line (Smart TV) will be stored, as well as all the merchandising related to the Sky brand and TV series. 'This collaboration aligns perfectly with our growth strategy in the Technology sector,' said Alessandro Renzo, GXO's Managing Director for Italy and Switzerland. 'Our long-standing presence in the greater area of Rome has allowed us to offer Sky the best possible operational solution, as well as the implementation of the direct staffing model.' Colleferro warehouse, where GXO has been operating since 2010, has a total size of 30,000 square meters, including 7,000 square meters dedicated to the storage of over 1 million Sky products. The multi-user site allows GXO to offer a scalable solution that can support the growth of Sky's business during peak periods. In addition, the warehouse has high levels of security, to ensure security for high-value products. The warehouse is equipped with LED lighting and battery-powered trolleys to reduce environmental impact. GXO employees not only manage supply chain operations and returns, but also important value-added activities,including inbound quality control of both Sky hardware and software. GXO has set up computer stations in the warehouse dedicated to the customer where the products are tested and their operation verified before they are shipped to the final customer. 'We chose GXO for its focus on innovation and continuous improvement,' said Luigi Manzoli Supply Chain Director of Sky. 'We were looking for a site that was central to the Italian perimeter and scalable and the Colleferro site proved to be perfect for our needs. Further, GXO's global presence and, above all, the HR model based on the use of personnel directly hired by GXO, made GXO the right partner for us.' In the UK and Ireland, GXO has been working with Sky UK for three years, where GXO has created a purpose-built repair centre through its GXO ServiceTech offering, with experienced technical engineers dedicated to repairing and refurbishing Sky Glass televisions. The solution aims to minimize electronic waste and support Sky's 2030 Net Zero Commitments, and to date, the partnership has seen over 43,000 televisions repaired and refurbished. About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet. The company serves the world's leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube. Media contactsAnne Lafourcade +33 (0)6 75 22 52 90 [email protected]
Yahoo
09-07-2025
- Business
- Yahoo
5 Revealing Analyst Questions From GXO Logistics's Q1 Earnings Call
GXO's first quarter results were supported by notable revenue growth and exceeded Wall Street expectations, prompting a positive market response. Management attributed the quarter's performance to strong new business wins, especially in the healthcare sector, and a faster-than-expected ramp-up of new facilities. CEO Malcolm Wilson highlighted the landmark contract with the U.K. National Health Services supply chain as the company's largest ever, crediting it to the successful integration of the Clipper Logistics acquisition. In addition to new contract momentum, operational productivity initiatives and continued investment in automation drove improved site-level efficiency across GXO's regional footprint, while existing customer relationships deepened, notably with Boeing and Siemens Healthineers. Is now the time to buy GXO? Find out in our full research report (it's free). Revenue: $2.98 billion vs analyst estimates of $2.94 billion (21.2% year-on-year growth, 1.4% beat) Adjusted EPS: $0.29 vs analyst estimates of $0.25 (14.5% beat) Adjusted EBITDA: $163 million vs analyst estimates of $154.8 million (5.5% margin, 5.3% beat) Revenue Guidance for Q2 CY2025 is $2.97 billion at the midpoint, below analyst estimates of $3.05 billion Management reiterated its full-year Adjusted EPS guidance of $2.50 at the midpoint EBITDA guidance for the full year is $850 million at the midpoint, above analyst estimates of $843.1 million Operating Margin: -1.9%, in line with the same quarter last year Organic Revenue rose 2.7% year on year (1% in the same quarter last year) Market Capitalization: $5.75 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Joe Hafling (Jefferies) asked about scenario planning behind maintaining guidance in a dynamic macro environment. CFO Baris Oran responded that flat volumes are the base assumption and downside scenarios are built in, citing a 'narrow guidance range.' Brian Ossenbeck (JPMorgan) inquired about the ramp and cost implications of the NHS contract and broader healthcare opportunities. CEO Malcolm Wilson explained that startup costs are expected to be minimal due to the takeover-in-place model, emphasizing long-term pipeline growth from this vertical. Ravi Shanker (Morgan Stanley) probed the risk of contract renewal cliffs as pandemic-era deals reach maturity. Wilson clarified that contract renewals are staggered and customer relationships are typically renewed before expiration, with no sign of unusual churn. Chris Wetherbee (Wells Fargo) questioned the impact of tariffs on new business pipeline conversations. Wilson noted no material slowdown, stating that most pipeline opportunities are long-term and the recent sales organization redesign has improved win rates. Ben Moore (Citi) sought clarity on the shape of direct operating expenses post-Wincanton and share buyback strategy. Oran explained higher OpEx was driven by Wincanton's business mix and noted share repurchases will be balanced against other capital priorities moving forward. In the coming quarters, the StockStory team will monitor (1) the pace and financial impact of Wincanton's integration and associated cost synergies, (2) the scaling of AI and automation initiatives and their contribution to operational efficiency, and (3) continued momentum in healthcare and other targeted verticals. Updates on customer pipeline conversion and any macro-driven shifts in demand will also serve as important indicators of ongoing execution. GXO Logistics currently trades at $50.24, up from $38.11 just before the earnings. Is the company at an inflection point that warrants a buy or sell? Find out in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
Chain Reaction: RXO's Brian Dean on the Power of Real-Time Data for a Leaner Supply Chain
Chain Reaction is Sourcing Journal's discussion series with industry executives to get their take on today's logistics challenges and learn about ways their company is working to keep the flow of goods moving. Here, Brian Dean, president of managed transportation at transportation provider RXO, discusses how brands can optimize performance and build more resilient supply chains through technology and a data-driven strategy. Name: Brian DeanTitle: President of managed transportation Company: RXO What is RXO? More from Sourcing Journal Global Contract Logistics Growth Slows as Asia Leads and US Trade Policies Weigh Footwear Firms Rejiggering Supply Chains Will See Long-Term Benefits GXO Cleared to Acquire Wincanton, Taps DHL Vet as New CEO RXO is a leading provider of asset-light transportation solutions and is the third-largest provider of brokered transportation in North America. The company offers tech-enabled truck brokerage services together with complementary solutions, including managed transportation and last-mile delivery. RXO combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. In 2024, RXO acquired Coyote Logistics. The newly combined company's expanded market position and technology integration increased capacity for customers and access to freight for carriers. What industries do you primarily serve? RXO serves a range of industries, including automotive, industrial manufacturing, food and beverage, retail and e-commerce. Which industry do you think has the most to teach others about improving their supply chain logistics? The pharmaceutical industry has the most mature supply chain operations by necessity and has a lot to teach others. This industry faces stringent requirements on traceability, quality control, handling sensitive goods and managing recalls, on top of a list of nuanced complexities with global regulations. Succeeding in this industry requires a strong and adaptable supply chain that ensures traceability and visibility throughout the network. What is the main thing brands and retailers could do right now that would immediately improve logistics? One action brands can take is to improve data visibility and analytics across the entire supply chain. In a traditional supply chain, teams work from demand forecasts, which can lead to various stakeholders being disconnected throughout. This can cause the end consumer data—such as consumer behavior—to get lost or not make its way back to earlier stages in the supply chain that could improve processes to maximize opportunity and revenue. Access to real-time data is a critical area of opportunity for improvement and will help companies achieve a lean supply chain. Sharing data across the network based on customer demand makes demand consumable within all nodes of the supply chain and allows companies to rapidly and accurately adjust to demand patterns fueled by analytics, boosting collaboration with stakeholders. When it comes to creating efficiencies, there are quick wins and longer plays. What are a few things your company is doing to help its partners succeed on both fronts? From a long-term perspective, RXO helps our customers forecast, determine long-term transportation priorities for their organizations and then identify the kind of infrastructure or capabilities they need to address those priorities. We then conduct current-state assessments on a regular basis, which helps shippers take smaller steps needed to reach long-term goals. This involves building out the infrastructure and capabilities that help them achieve their ideal future state. From there, we also work closely with shippers on scenario planning to help them prepare for and respond to supply chain disruptions to minimize risk. To help partners succeed, striving for continuous improvement is critical to short- and long-term success. Tracking key performance indicators (KPIs) effectively can help the team identify where they may be missing the mark, what's driving that and ultimately determine corrective action that drives improvement. What is your company doing to make the movement of goods more sustainable? We are…prioritizing transportation efficiency through route and network optimization strategies that reduce miles and carbon emissions. RXO was recognized as a SmartWay High Performer by the U.S. Environmental Protection Agency (EPA) in 2024. We're honored to be among a select group of carriers who demonstrate significant reductions in carbon emissions, as the SmartWay program focuses on enhancing the efficiency and sustainability of supply chain transportation. What is the one thing brands and retailers could be doing to make better use of technology to improve logistics? Companies can maximize the benefits of leveraging technology in their supply chain by first ensuring they have strong process discipline in place to build the robust data sets required to drive valuable artificial intelligence (AI) outputs. Data collected across the supply chain will not add value unless it is integrated into the entire end-to-end process. Are you optimistic about the state of supply chains in the next few years? I am optimistic. The past few years have been turbulent, but they've also driven meaningful change. Massive national and global events forced supply chains to become more agile, resilient and data driven. Time and time again, the industry has shown it can adapt quickly under pressure—and that adaptability is exactly why I'm facing the future with a glass-half-full mentality.
Yahoo
03-07-2025
- Business
- Yahoo
Global Contract Logistics Growth Slows as Asia Leads and US Trade Policies Weigh
Growth in the global contract logistics market is expected to decelerate in 2025, with the industry set to expand 3.3 percent to 305.4 million euros ($359.3 million), down from 3.6 percent last year. This year, the Asia Pacific region is expected to carry the growth load at 5.9 percent to 116.2 billion euros ($136.7 billion), according to a June report from Transport Intelligence. This would further widen the gap the region has over its North American and European counterparts, which are expected to grow 2.1 percent and 1.3 percent, respectively. More from Sourcing Journal How Can Brands Win Over American Shoppers? Go Back to Basics. GXO Cleared to Acquire Wincanton, Taps DHL Vet as New CEO Chain Reaction: Michael Goldman of Caru Containers on Why 'Sourcing Diversity is Paramount' Europe, which hosts the headquarters of various third-party logistics providers (3PLs) that offer contract logistics including DHL, CMA CGM's Ceva Logistics, Kuehne + Nagel, Geodis and DSV, would still have the second largest market at 90.4 billion euros ($106.3 billion). North America, where companies like GXO, UPS and Ryder are headquartered, comes in third at 79 billion euros ($92.9 billion). Transport Intelligence attributes its slower growth estimates largely to the shifts in trade policy implemented by the U.S., which have at times disrupted supply chains and reduced demand for outsourced logistics services. 'A downgrade in global GDP growth, particularly in trade-dependent sectors such as manufacturing and retail, directly constrains volumes handled by contract logistics providers,' the report said. Distribution remains the dominant segment among service demands, representing nearly 59 percent of the market in 2024. The segment is expected to grow 3.5 percent in 2025, ahead of warehousing (3.2 percent) and value-added services (2.5 percent). India is the biggest opportunity area for contract logistics over the next few years, according to Transport Intelligence. The market is forecast to record a 12.8 percent compound annual growth rate (CAGR) through 2029, which would expand the sector's value in the country to as much as 25.4 billion euros ($29.9 billion). According to the report, DHL Supply Chain, the contract logistics wing of DHL Group, is by far the highest revenue driver in the sector. The unit generated 17.7 billion euros ($20.8 billion) in 2024, nearly doubling that of top competitor GXO, which reeled in 10.8 billion euros ($12.8 billion). Rounding out the top five firms in the industry including Ceva Logistics, UPS and Maersk. Ceva generated 6.8 billion euros ($8 billion), UPS brought in 5.95 billion euros ($7 billion) and Maersk's contract arm took in 5.7 billion euros ($6.8 billion). With DSV's $16 billion acquisition of DB Schenker in place, the freight forwarder is expected to leapfrog UPS and Maersk into fourth place in total revenue. The 'big two' of contract logistics providers have had recent shakeups up top that will be sure to impact the North American landscape. In August, DHL Supply Chain North America CEO Patrick Kelleher will take the reins as CEO of GXO, succeeding retiring chief executive Malcolm Wilson in the role. Kelleher had led strategic initiatives at DHL spanning transportation and supply chain planning, while overseeing the segment's deployment of advanced robotics throughout the warehouse, including the Boston Dynamics Stretch robot and the Locus Robotics LocusBots. With Kelleher now at GXO, DHL Group elevated Mark Kunar to the role of DHL Supply Chain North America CEO. Kunar had served as the unit's chief financial officer and chief strategy officer before his immediate promotion into the role, where he will report to Oscar de Bok, CEO of the global unit of DHL Supply Chain. As CEO, Kunar will be responsible for managing the business of 52,000 employees across the U.S. and Canada. According to DHL, Kunar's immediate focus will be to manage the integration of the newly acquired businesses into the DHL Supply Chain portfolio. Kunar had already been responsible for the development and implementation of the North America strategy to facilitate growth of products and sectors in the region. The company says Kunar played a 'pivotal' role in the company's recent acquisitions in the North American market, with DHL Supply Chain acquiring returns solutions provider Inmar Supply Chain Solutions and e-commerce fulfillment provider IDS Fulfillment earlier this year. 'Customer supply chain needs are creating a transformative environment, necessitating innovation and adaptability to thrive in the current landscape,' Kunar said in a statement. 'This role comes at a pivotal time, and we will use our expertise and product solutions to adapt and grow, ensuring that we remain a key partner to our customers.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
