GXO Logistics Inc. is a global provider of logistics and supply chain solutions. The company was founded in 2021, when the logistics business of XPO Logistics was spun off as a separate entity. GXO Logistics operates in 27 countries across North America, Europe, Asia-Pacific, and Latin America, and has over 94 million square feet of warehouse space under management.
GXO Logistics provides a wide range of logistics services, including e-commerce fulfillment, warehousing and distribution, transportation and last-mile delivery, and supply chain consulting. The company serves a variety of industries, including retail, healthcare, technology, aerospace, and automotive. GXO Logistics has a reputation for innovation and uses technology such as automation, robotics, and machine learning to optimize operations and enhance customer experiences.
GXO Logistics went public on April 14, 2021, through a spinoff from XPO Logistics. The company trades on the New York Stock Exchange under the ticker symbol "GXO." GXO Logistics is one of the largest logistics companies in the world, with annual revenue of $17.4 billion in 2020. The spinoff was intended to create two separate companies that could focus on their respective areas of expertise and create more value for shareholders.