ICT

GXO Logistics, Inc.

Company Profile Analysis

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GXO Logistics, Inc. - ICT showcase

Year Founded & Workforce

1871-12-31

135,000 Employees

Industry

ICT

Services

G

GXO Logistics, Inc. Overview

Company Headquarters: US

Founded: 1872

Workforce: ~135,000

Company Working: GXO Logistics, Inc. is a contract logistics provider and a leading innovation in a sector with significant structural tailwinds. The company’s objective is to provide high-value-add storage and distribution, order fulfilment, ecommerce, reverse logistics, and other supply chain services to the customers. The company deliver technology-enabled, customized solutions to Aerospace & Defense, Agribusiness, Automotive, Healthcare, food and beverages, chemical & energy, retail, consumer packaged goods, public sector, industrial sector, etc. GXO operated in about 970 locations worldwide, totaling roughly 200 million square feet of space, mostly on behalf of multinational enterprises that had outsourced their warehousing, distribution, and other associated services to the company. In Addition, GXO Logistics, Inc. finalized its separation from XPO, Inc. on August, 2021, and listed on New York Stock Exchange as “GXO” traded symbol.

Strategy

GXO Logistics, Inc. objective is to assist customers in optimizing the efficiency of their supply networks by using network of people, technology, and additional physical assets. Sales and marketing experience assists the company with business strategy and the development of new services and operations. The company is broadly focusing on R&D for its global level expansion of warehousing and logistics operations. It has also enabled the process automation through warehouse management platform which will help the company to establish its footprint in global market in future.

Company Snapshot

135,000

Employees

1871-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Diversified product ranges
  • Global presence & Strong brand
  • Strong financial performance
  • Unified warehouse management and automation technology
  • Cost-effective solutions

Weaknesses

  • Significant portion of its business coming from a few large clients
  • Steadily decreasing revenue in some of the European nations.

Opportunities

  • Growing demand for technological advancements and automation
  • Acquisitions and partnerships

Threats

  • Changes in regulations can affect the company's operations and profitability
  • Drastic changes in economical conditions.

Key Developments

DateApproachDevelopment
April 2023PartnershipGXO Logistics, Inc. selected a warehouse partner for frozen and fresh products by Sainsbury's, a supermarket chain in the UK. Sainsbury's consolidated its food warehousing from three separate logistics partners to GXO to reformation of its logistics operations.
March 2023ExpansionGXO Logistics, Inc. announced the global expansion of GXO Direct. GXO has built the most appealing shared space option available in the UK by combining the capabilities, resources, and knowledge of GXO and Clipper, a company acquired in 2022.
March 2023CollaborationGXO Logistics, Inc. collaborated with SPANX to deliver advanced warehousing solutions for the functional fashion brand at an additional warehouse in Flowery Branch, Ga.
February 2023PartnershipGXO Logistics, Inc. announced today that it has broadened its technology partnership with Robotic Assistance Devices, Inc. GXO is working with RAD to develop innovative security solutions to increase the security and effectiveness of its customers' logistics operations.
November 2022PartnershipGXO Logistics, Inc. partnered with JD Sports for their European omnichannel logistics centre, which is scheduled to open in 2024. JD Sports is a global leader in the retailing of sports, fashion, and outdoor items. This deal will help to strengthen company's position as premier provider of omnichannel logistics management.
October 2022Acquisition ApprovalGXO Logistics, Inc. gets approval of acquisition of Clipper Logistics plc from the U.K. Competition and Markets Authority (CMA). GXO fulfilled their offer however both firms continued to operate independently until the regulatory assessment was concluded.
September 2022LaunchGXO Logistics, Inc. launched a new warehouse facility with Bayer, health care and nutrition company, extending the companies' 25-year cooperation. GXO managing warehouse support, involving all transportation and arrival activities, for Bayer's Crop Science business at the new 350,000-square-foot site in Kearney via its GXO Direct distribution network.
July 2022AgreementGXO Logistics, Inc. announced a multi-year worldwide agreement with 6 River Systems, a fulfilment solutions provider, in order to satisfy demand for Collaborative Mobile Robots in its supply chain operations in the US and Europe.
June 2022Strategic ExpansionGXO Logistics, Inc. announced a five-year strategic plan to dramatically increase its position of the warehouse-related logistics sector in Germany. The German contract logistics market is anticipated to be worth USD 20 billion per year and is expected to increase at a rate of almost 3.5% through 2023, providing GXO with an extraordinary growth opportunity.
June 2022ExpansionGXO Logistics, Inc. has increased warehouse operations with BBQGuys by more than 300% since the formation of partnership in 2021. The BBQGuys which specialises in grills as well as other outdoor-related products, has more than 170,000 sq. feet of warehouse space at GXO Direct facilities in San Bernardino, Calif., and Mechanicsburg, Penn., allowing it to provide best service to more customers across the country.
June 2022LaunchGXO Logistics, Inc. launched a new cutting-edge pharmaceutical warehouse. The 20,000-square-meter facility in Milan, Italy has been outfitted with industry-leading technology and environmental systems.
April 2022PartnershipCarrefour has outsourced its supply chain management in Getafe (Madrid) and Málaga to GXO Logistics, Inc. GXO manages seven logistics sites in Spain for Carrefour.
February 2022Facility LaunchGXO Logistics, Inc., announced the completion of an automated packaging system that custom fits boxes to their contents, conserving material and helping to sustainability. The installation at GXO's France region enables the company to totally automate its order preparation process, increasing productivity and lowering costs while improving the end-user experience.
November 2021Partnership ExpansionGXO Logistics, Inc. expanded its partnership with Leroy Merlin for the administration of a regional logistics platform. GXO committed a team to handle the logistics of about 2,500 SKUs per year, which includes products such as tiles, flooring, air conditioning, carpentry, and garden items

Product Offering

  • GXO Logistics, Inc.
    • Warehouse as a Service

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About the Author

Wantstats Research Team

Wantstats' research desk profiles GXO Logistics, Inc. as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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