Welcome to our dedicated page for GXO Logistics news (Ticker: $GXO), a resource for investors and traders seeking the latest updates and insights on GXO Logistics stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GXO Logistics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GXO Logistics's position in the market.
Rhea-AI Summary
GXO Logistics, Inc. appoints Nizar Trigui as Chief Technology Officer to enhance technology leadership and meet global demand for advanced warehouse solutions. Trigui's extensive experience in tech-powered organizations will drive future technology deployment plans for blue-chip customers worldwide.
Rhea-AI Impact
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End-of-Day
-0.81%
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Rhea-AI Summary
GXO Logistics, Inc. announces a cash offer to acquire Wincanton plc, expanding its presence in key growth verticals in the UK. The acquisition is expected to generate approximately £45m in synergies and be immediately accretive to earnings per share. GXO aims to enhance operations for UK and Ireland customers through advanced technology deployment.
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End-of-Day
0.9%
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GXO Logistics, Inc. announced fourth quarter revenue of $2.6 billion, full-year revenue of $9.8 billion, and strong financial performance with net income of $229 million. The company reported positive cash flows and free cash flow, along with 2024 guidance indicating organic revenue growth and increased earnings per share. GXO achieved significant business milestones, including $1 billion in new annualized revenue, acquisitions, and a robust sales pipeline.
Rhea-AI Impact
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End-of-Day
-1.2%
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GXO Logistics, Inc. partners with robotics developer Dexterity to pilot AI-enhanced robotics in a warehouse, making operations safer and more efficient for a leading beauty brand. The advanced robots use AI to depalletize, label, and repalletize packages, optimizing inbound and outbound processes. This deployment increases operational efficiency and safety while freeing up team members for higher-value activities.
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Rhea-AI Sentiment
End-of-Day
1.37%
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GXO Logistics, Inc. (NYSE: GXO) will hold its Q4 and full-year 2023 earnings conference call and webcast on February 14, 2024. The company's results will be released after market close on February 13, 2024, and made available on investors.gxo.com. Access information for the call and webcast is provided, along with details for accessing the replay of the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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Rhea-AI Summary
GXO Logistics, Inc. (NYSE: GXO) announces the appointment of Eric Spadafora as Head of Sales for Americas & Asia Pacific and Richard Cawston as Chief Revenue Officer. Cawston's role is to prioritize customer segments, verticals, and markets, while Spadafora will strengthen sales in the region. GXO aims to accelerate growth with new business wins and increasing demand for its services and expertise.
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Rhea-AI Sentiment
End-of-Day
-0.97%
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GXO Logistics, Inc. (NYSE: GXO) expands its ecommerce and retail order fulfillment services for health and beauty leader Glossier from the U.K. to the U.S.
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Rhea-AI Sentiment
End-of-Day
-1.32%
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GXO Logistics, Inc. (NYSE: GXO) receives its second consecutive Il Logistico dell’Anno award in the Corporate Social Responsibility category from Assologistica, recognizing its outstanding diversity and inclusion efforts. The company's People Care program, a collection of Diversity & Inclusion initiatives, has been honored for creating a respectful, diverse, and inclusive workplace.
Rhea-AI Impact
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End-of-Day
-2.79%
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GXO Logistics, Inc. (NYSE: GXO) appoints Jorge Guanter as President of its Americas and Asia Pacific (AMAPAC) business, succeeding Eduardo Pelleissone who will depart in March 2024. Guanter brings over two decades of experience in engineering, operations, and supply chain, with a proven track record of delivering record sales growth and excellent customer service. GXO is well-positioned for growth, especially in North America, following the acquisition of PFSweb, Inc. in October, expanding its offerings in high-growth verticals and service capabilities.
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Rhea-AI Sentiment
End-of-Day
-0.23%
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GXO Logistics, Inc. (NYSE: GXO) has been named one of America’s Most Responsible Companies by Newsweek magazine for the second consecutive year. The company's commitment to ESG and reputation for corporate responsibility were key criteria for this recognition. GXO's CEO, Malcolm Wilson, expressed pride in the company's values-based culture and its 130,000 global team members' dedication to doing the right thing for customers and each other. The company's annual ESG Report showcases its commitment to environmental, social, and governance principles, highlighting its efforts to help customers achieve their own ESG goals and its focus on employee safety, engagement, and environmental impact reduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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GXO Logistics, Inc.
NYSE:GXO
GXO Rankings
GXO Stock Data
6.00B
118.15M
0.84%
94.86%
2.01%
Postal Service
Transportation and Warehousing
United States of America
GREENWICH
About GXO
game-changing opportunities for our customers, employees and investors. advanced automation that achieves logistics at full potential.