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Type | Public company |
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Predecessor | XPO Logistics |
Founded | August 2, 2021 |
Headquarters | Greenwich, Connecticut, U.S. |
Number of locations | 869 [1] (2021) |
Key people |
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Website | gxo |
Footnotes /references [2] |
GXO Logistics, Inc. (trade name GXO) is an American global contract logistics [1] company that manages outsourced supply chains and warehousing. [3] [4] GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. [5]
In December 2020, XPO, Inc. announced that it would spin off its global contract logistics segment into a separate company. [6] In March 2021, XPO announced the new name of the firm as GXO Logistics Inc. [7] The spin-off was completed on August 2, 2021, [1] with American businessman Brad Jacobs as Non-Executive Chairman, Malcolm Wilson as CEO; formerly the CEO of XPO, Inc. European division, [1] and Baris Oran as CFO. [8]
In May 2022, the acquisition by GXO of the UK-based retail logistics company, Clipper Logistics, was announced. [9] [10] As part of its European expansion, the company also opened 30 shared warehouse facilities in the UK. [11]
Following the split in August 2021 [update] from XPO, Inc., GXO had approximately 94,000 employees and operated 869 warehouses with more than 208 million sq ft (19.3 million m2) of facility space across 27 countries. [1] GXO's contract logistics customers operate in technology [12] and infrastructure. [13] In 2023, GXO was the world’s largest contract logistics provider. [14]
Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A Fortune Global 500 company, it reported revenues of $61.6 billion in 2022. Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees.
Con-way, Inc. was an American multinational freight transportation and logistics company headquartered in Ann Arbor, Michigan, United States. With annual revenues of $5.5 billion, Con-way was the second largest less-than-truckload transport provider in North America, with additional operations for global contract logistics, managed transportation, truckload and freight brokerage. The company's services were sold through its primary operating companies of Con-way Freight, Con-way Truckload and Menlo Worldwide. These operating units provided less-than-truckload (LTL), full truckload and multimodal freight transportation, as well as logistics, warehousing and supply chain management services. Con-way, Inc. and its subsidiaries operated from more than 500 locations across North America and in 20 countries.
Danaher Corporation is an American globally diversified conglomerate founded by brothers Stephen and Mitchell Rales in 1984. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services. The company is named after Danaher Creek in Western Montana, with the Rales brothers first conceptualizing the company while fishing there.
Consolidated Freightways (CF) was an American multinational less-than-truckload (LTL) freight service and logistics company founded on April 1, 1929, in Portland, Oregon, and later relocated to Vancouver, Washington. Affectionately known as "CornFlakes", Consolidated Freightways was also the founder of the Freightliner line of heavy trucks, now owned by Daimler Trucks. At its height, the company possessed over 350 terminals, employing more than 15,000 truck drivers, dock workers, dispatchers and management. Consolidated Freightways was once the nation's number one long-haul trucking company and the 3rd largest-ever US bankruptcy filing, ceasing business in 2002.
C.H. Robinson is an American transportation company that includes third-party logistics (3PL). The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.
Owens & Minor, Inc. is a global healthcare logistics company. It employs over 17,000 people in 70 countries. A Fortune 500 company, it was founded in 1882 in Richmond, Virginia, where it remains headquartered. The company has distribution, production, customer service and sales facilities located across the Asia Pacific region, Europe, Latin America, and North America. President and CEO Ed Pesicka joined Owens & Minor in March 2019.
Kuehne + Nagel International AG is a global transport and logistics company based in Schindellegi, Switzerland. It was founded in 1890, in Bremen, Germany, by August Kühne and Friedrich Nagel. It provides sea freight and airfreight forwarding, contract logistics, and overland businesses. In 2010, Kuehne + Nagel was the leading global freight forwarder, accounting for nearly 15% of the world's air and sea freight business by revenue, ahead of DHL Global Forwarding, DB Schenker Logistics, and Panalpina. As of 2022, it has nearly 1,300 offices in 106 countries, with over 78,000 employees.
TDG Limited was a goods transportation, distribution, warehousing and supply chain management company based in England with offices also in Ireland, Belgium, the Netherlands, Spain, Hungary and Germany.
Pacer International, also known as Pacer Stacktrain stylized as PACER STACKTRAIN, is the former name of a major North American provider of intermodal services, was owned by XPO Logistics which later sold it in 2022 to STG Logistics.
Blue Yonder is an American supply chain management company operating as an independent subsidiary of Panasonic.It was acquired by Panasonic in 2021.Blue yonder has its own executive leadership team.Founded in 1985, the company is headquartered in Scottsdale, Arizona, with offices globally. Its acquisitions have included Yantriks, RedPrairie, i2 Technologies, Manugistics, E3, Intactix, and Arthur. It provides an AI/ML-enhanced platform and solutions for over 3,000 retail, manufacturing, and logistics customers around the world.
DB Schenker is a division of German rail operator Deutsche Bahn that focuses on logistics. The company was acquired by Deutsche Bahn as Schenker-Stinnes in 2002. It comprises divisions for air, land, sea freight, and Contract Logistics.
Contract Freighters, Inc. (CFI), a subsidiary of Heartland Express, is an American truckload freight carrier headquartered in Joplin, Missouri with operations in the continental US, Canada, and Mexico. Easily recognizable on the highway by their iconic bright red Kenworth trucks. CFI provides point-to-point, full truckload, dry van service, as well as refrigerated transport, and utilizes single drivers as well as two-person driver teams over long-haul routes—most commonly with each trailer containing only one customer's goods.
Con-way Freight was a less-than-truckload (LTL) motor carrier headquartered in Ann Arbor utilizing a network of freight service centers to provide regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. The business unit provided day-definite delivery service to manufacturing, industrial and retail customers. Con-way Freight was the largest division of Con-way, Inc. with 16,600 employees, more than 365 operating locations, 16,000 dock doors and 32,750 tractors and trailers. The company was founded by Consolidated Freightways (CF) of Portland, Oregon as a non union spinoff, for less than truckload hauling. In 2009 Con-way Freight reported revenues of over $2.6 billion. Con-way Inc., including Con-way Freight and sibling company Con-way Truckload, was acquired by XPO Logistics, a primarily non-asset logistics company from Greenwich, Connecticut, in a deal worth $3.5 billion.
TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal. It operates primarily in Canada, the United States, and Mexico through 4 business segments: less than truckload (LTL), package and courier, logistics, and truckload. It has Canada's largest LTL business, largest trucking fleet, and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. Its trucking fleet consists of over 14,000 company-owned power units, nearly 10,000 owner-operator tractors, nearly 50,000 trailers and over 200 straight trucks.
Brad Jacobs is an American businessman. Jacobs is executive chairman of XPO, Inc., and non-executive chairman of RXO Inc. and GXO Logistics, both of which are spin-off companies from XPO Inc.
XPO, Inc. is an American transportation company that conducts less-than-truckload shipping in North America. The company has headquarters in Greenwich, Connecticut, U.S., and 564 locations globally.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, and EV charging infrastructure. and other logistics tech equipment for purchase.
The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings. Edgewell Personal Care was formed by the renaming of the original Energizer Holdings; Energizer's battery business was then spun-off as Energizer Household Products and then renamed Energizer Holdings.
Perspecta Inc. was an American government services company based in Chantilly, Virginia. The company was acquired by Peraton in 2021.
Clipper Logistics plc is a retail logistics company based in Leeds which serves retailers selling fashion, tobacco, alcohol and other high-value goods in the UK and Europe. It has 47 sites across Europe. The company was listed on the London Stock Exchange until it was acquired by GXO Logistics in May 2022.
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