Latest news with #GXODirect
Yahoo
10 hours ago
- Business
- Yahoo
GXO Logistics reports CMA clears acquisition of Wincanton with conditions
GXO Logistics (GXO) announced that the UK Competition and Markets Authority has cleared GXO's acquisition of Wincanton subject to the divestment of a small number of Wincanton grocery contracts in the UK, and that integration will be permitted with the vast majority of the Wincanton business once certain administrative conditions are met. The company also announced that it is raising full-year guidance on organic revenue growth, adjusted EBITDA and adjusted diluted EPS. Malcolm Wilson, Chief Executive Officer of GXO, said, 'We are pleased to have the UK regulatory review concluded and are excited to bring the two businesses together. The combination of GXO and Wincanton will enhance GXO's offering for customers across the UK and Ireland and bring presence in strategic verticals that will serve as a springboard for growth. We are well positioned to move forward swiftly and look forward to welcoming the Wincanton team to GXO.' Integration is expected to commence in the third quarter and the teams are permitted to collaborate on specified ongoing aerospace and defense tenders in the UK effective immediately. No further regulatory reviews are required, the company stated. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on GXO: Disclaimer & DisclosureReport an Issue GXO Logistics introduces enhanced GXO Direct solution in the U.S. GXO Logistics management to meet with Oppenheimer GXO Logistics extends longstanding partnership with bioMerieux GXO Logistics announces new partnership in Netherlands with Toolstation GXO Logistics Stockholders Elect Board Members in 2025
Yahoo
10-06-2025
- Business
- Yahoo
GXO Introduces Enhanced GXO Direct Solution in the U.S.
GXO Introduces Enhanced GXO Direct Solution in the U.S. Service platform from PFS acquisition integrated into a unified, scalable fulfillment offering for midsize companies & growing brands GREENWICH, Conn. , June 10, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today the launch of an enhanced offering for growing midsize companies in the United States by unifying the premier services platform it acquired through its acquisition of PFSweb (PFS) with GXO Direct, its industry-leading multi-tenant warehousing solution. 'We are excited to expand our offering for growing midsize companies by bringing together the capabilities of GXO Direct and PFS with our extensive cross-vertical expertise,' said Jorge Guanter, President of Americas and Asia Pacific for GXO. 'One of the biggest challenges businesses face as they grow is finding a partner that can address their needs across the entire logistics value chain. With our expertise, scale and breadth of services, we believe there is meaningful opportunity to be the go-to, long-term partner for high growth, mid-size brands today and their dedicated, enterprise solutions provider as they scale and grow.' With fast onboarding, flexible space, cutting edge technology and a nationwide network of strategically located fulfillment centers, GXO Direct has been a go-to, cost-effective solution for omnichannel retail and ecommerce customers for several years. Now, GXO is integrating the key service capabilities it gained from its acquisition of PFS, including high touch contact center services, secure payments and fraud protection and distributed order orchestration systems, into a new unified solution. The enhanced GXO Direct U.S. product offers: Direct to consumer fulfillment: Custom scalable order fulfillment for all online channels and ecommerce marketplaces; Multi-tenant warehousing: A nationwide network of multi-tenant sites that offer shared infrastructure, overhead, equipment and workforce solutions; Business-to-business and retail: Solutions engineered specifically for the evolving challenges of B2B retail operations; Short-term storage & distribution: Immediate access to premium space for pop-up fulfillment, overflow storage or one-time projects; Value-added services: Personalized experiences that inspire brand loyalty, including personalization, gift box and gift wrapping, kitting and more; Transportation: A range of transport solutions, including negotiated parcel rates, dedicated fleet and freight brokerage, that leverage GXO's scale to reduce costs and enhance service levels; and Commerce Services: Complementary services native to the PFS platform, including contact center services, order management, fraud & chargeback dispute services. Zach Thomann, COO of GXO in the Americas and Asia Pacific, and Jamie Saucedo, SVP of Operations, both industry veterans from PFS, lead GXO Direct in the U.S. 'Growing brands today are looking for a cost effective, quick solution to supplement their fulfillment offering with a global provider that can bring innovation and agility to accelerate their growth trajectory, and we are uniquely positioned to deliver in an outsized way. With our enhanced GXO Direct product, we can enable one day delivery for brands anywhere nationwide, that offers fast start-up, lower fixed costs, flexible contract terms and an array of value-added services,' added Thomann. About GXO GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing an inclusive, world-class workplace for more than 150,000 team members across more than 1,000 facilities totaling approximately 200 million square feet. The company partners with the world's leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut, USA. Visit for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube. Media contacts Matthew Schmidt +1 203-307-2809 Kathleen Juviler+1 203-291-9121 Attachment GXO Introduces Enhanced GXO Direct Solution in the in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
