The collaborative pilot enhanced narrow aisle capabilities to optimize warehouse inventory management EINDHOVEN, The Netherlands, March 03, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced the successful conclusion of its collaborative pilot of an innovative AI-powered robot developed by Dexory, a robotics and data intelligence company, that performs automatic inventory reporting at its site in Oosterhout, the Netherlands. As a result of the successful pilot, GXO is expanding deployment of the solution in the U.S. and Europe.
Forbes Diamonds is a yearly list that highlights the fastest-growing companies in Poland. On February 24, 2025, GXO Logistics, Inc. announced that its Polish branch, GXO Logistics Poland Sp. z o. o, has been included in the esteemed Forbes Diamonds 2025 ranking for its significant value growth over the past three years.
Steve Weiss, the Founder and Managing Partner of Short Hills Capital Partners, appears on CNBC's "Halftime Report" to discuss his decision to sell his shares in GXO after owning them for several years.
GREENWICH, Conn., Feb. 18, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the biggest company focused solely on contract logistics, has revealed that its Board of Directors has approved a plan to buy back as much as $500 million of its common shares.
Siemens Healthineers has chosen GXO Logistics to enhance its Forward Stocking Network by opening two new distribution centers in New Jersey and California. This long-term partnership will provide Siemens Healthineers with improved services, such as Next Flight Out options, more Same Day Delivery resources, and extended overnight ordering times for healthcare providers in the Western U.S. Jorge Guanter, President of GXO for the Americas and Asia Pacific, expressed enthusiasm about supporting Siemens Healthineers in expanding and improving their network in the U.S.
The day after falling 15% because of a poor outlook for 2025, shares of GXO Logistics (GXO 7.60%) are bouncing back. As of 2:30 p.m., the stock has increased by 8%.
GXO Logistics, Inc. (NYSE:GXO) will hold its Q4 2024 Earnings Conference Call on February 13, 2025, at 8:30 AM ET. The call will feature company leaders, including Malcolm Wilson, the CEO, and Baris Oran, the CFO. Various analysts from different firms will also participate in the discussion.
GXO Logistics (GXO) reported quarterly earnings of $1 per share, which is higher than the Zacks Consensus Estimate of $0.94 per share. This is an increase compared to earnings of $0.70 per share from the same period last year.
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) has released its results for the fourth quarter and the entire year of 2024.
GXO Logistics (GXO) lacks the necessary elements that could lead to a strong earnings report in the near future. Be ready for the main expectations.