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GREENWICH, Conn., Aug. 02, 2021 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) announced the appointment of Jason Papastavrou, Ph.D., to its board of directors upon today’s spin-off of the company from XPO Logistics, Inc. (NYSE: XPO). Until the spin-off, Dr. Papastavrou had been a member of the board of directors of XPO.
Dr. Papastavrou is the founder and chief investment officer of ARIS Capital Management, LLC. Previously, he was the founder and managing director of the Fund of Hedge Funds Strategies Group of Banc of America Capital Management (BACAP), president of BACAP Alternative Advisors, and a senior portfolio manager with Deutsche Asset Management. Dr. Papastavrou holds three degrees from the Massachusetts Institute of Technology, including a doctorate in electrical engineering and computer science.
About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider. GXO is committed to providing a world-class, diverse workplace for its 94,000 team members across 869 warehouse locations totaling 208 million square feet. The company partners with the world’s leading blue-chip customers to solve complex logistics challenges with technologically advanced supply chain solutions, at scale and with speed. Despite its market leadership, GXO holds only 5% of the fast-growing $430 billion potential addressable logistics market in Europe and North America. GXO’s corporate headquarters are in Greenwich, Conn., USA. Visit GXO.com for more information, and connect with GXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.
covered logistics & transportation llc (clt) is now part of xpo logistics, inc. xpo, a nyse company, is on a significant growth path which will lead it to over $5 billion in revenue in the next three years. xpo brings many resources to covered logistics, including ocean and air freight, over 400 express-1 vehicles, an air charter operation, and freight forwarding operation. xpo is committed to growing covered logistics and is applying the' its not broke, lets not fix' it philosophy, which means covered customers will continue to get outstanding service, communication and costs. covered transportation (ct) a high tech, asset based refrigerated carrier, continues to operate as an independent company. the business continues to be based on three core principles: the business must be noble, fun and profitable. an innovative entreprenurial spirt enables company associates to work in an atmosphere where their thoughts and ideas make a difference in providing quality service at competitive cos
