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GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services
GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services

Yahoo

time25-07-2025

  • Business
  • Yahoo

GXO Logistics (GXO) and Sky Italia Team Up for Logistics Services

GXO Logistics, Inc. (NYSE:GXO) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 15, GXO Logistics, Inc. (NYSE:GXO) announced that it has signed a multi-year agreement with Sky Italia for logistics services and value-added activities in Italy. Under this agreement, GXO Logistics, Inc. (NYSE:GXO) will manage Sky's supply chain from its warehouse in Colleferro, Italy. A fleet of rented trucks parked alongside a warehouse, emphasizing the company's logistics services. The Colleferro warehouse is 30,000 square meters in total size. This includes 7,000 square meters dedicated to storing over 1 million Sky products. As part of the agreement, GXO Logistics, Inc. (NYSE:GXO) will store Sky's Business Core products like decoders and routers, the Glass line Smart TVs, and merchandising related to the Sky brand and TV series. GXO Logistics, Inc. (NYSE:GXO) has been operating the Colleferro warehouse since 2010. The facility is a multi-user site that provides a scalable solution to support the growth of Sky's business during busy peak periods. Additionally, the warehouse offers high levels of security to protect high-value products. In addition to storage and logistics, GXO Logistics, Inc. (NYSE:GXO) will manage value-added activities such as supply chain management and quality control checks of Sky hardware and software. GXO Logistics, Inc. (NYSE:GXO) is an American multinational contract logistics company that serves blue-chip companies with its supply chain and e-commerce solutions. While we acknowledge the potential of GXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

GXO Signs Partnership Agreement with Sky Italia for Logistics Services and Value-added Activities in Italy
GXO Signs Partnership Agreement with Sky Italia for Logistics Services and Value-added Activities in Italy

Business Upturn

time15-07-2025

  • Business
  • Business Upturn

GXO Signs Partnership Agreement with Sky Italia for Logistics Services and Value-added Activities in Italy

The agreement with Sky Italia, part of one of the leading entertainment groups in Europe, includes supply chain management and strategic value-added activities MILAN, Italy, July 15, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has signed a multi-year agreement with Sky Italia, Italy's leading media & entertainment company and a European entertainment leader. The agreement involves managing Sky's supply chain from the GXO warehouse in Colleferro where Sky's Business Core products (decoders and routers) and the Glass line (Smart TV) will be stored, as well as all the merchandising related to the Sky brand and TV series. 'This collaboration aligns perfectly with our growth strategy in the Technology sector,' said Alessandro Renzo, GXO's Managing Director for Italy and Switzerland. 'Our long-standing presence in the greater area of Rome has allowed us to offer Sky the best possible operational solution, as well as the implementation of the direct staffing model.' Colleferro warehouse, where GXO has been operating since 2010, has a total size of 30,000 square meters, including 7,000 square meters dedicated to the storage of over 1 million Sky products. The multi-user site allows GXO to offer a scalable solution that can support the growth of Sky's business during peak periods. In addition, the warehouse has high levels of security, to ensure security for high-value products. The warehouse is equipped with LED lighting and battery-powered trolleys to reduce environmental impact. GXO employees not only manage supply chain operations and returns, but also important value-added activities,including inbound quality control of both Sky hardware and software. GXO has set up computer stations in the warehouse dedicated to the customer where the products are tested and their operation verified before they are shipped to the final customer. 'We chose GXO for its focus on innovation and continuous improvement,' said Luigi Manzoli Supply Chain Director of Sky. 'We were looking for a site that was central to the Italian perimeter and scalable and the Colleferro site proved to be perfect for our needs. Further, GXO's global presence and, above all, the HR model based on the use of personnel directly hired by GXO, made GXO the right partner for us.' In the UK and Ireland, GXO has been working with Sky UK for three years, where GXO has created a purpose-built repair centre through its GXO ServiceTech offering, with experienced technical engineers dedicated to repairing and refurbishing Sky Glass televisions. The solution aims to minimize electronic waste and support Sky's 2030 Net Zero Commitments, and to date, the partnership has seen over 43,000 televisions repaired and refurbished. About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet. The company serves 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. Visit for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube. Media contactsAnne Lafourcade +33 (0)6 75 22 52 90 [email protected]

More time to prepare for Wimbledon: Sinner
More time to prepare for Wimbledon: Sinner

Express Tribune

time21-06-2025

  • Sport
  • Express Tribune

More time to prepare for Wimbledon: Sinner

Jannik Sinner leaves Halle after his second round defeat to prepare for Wimbledon. PHOTO: AFP World number one Jannik Sinner is looking forward to a bit of unexpected down-time after his second round loss at Halle, to better prepare for Wimbledon. The Italian defending champion went down 6-3, 3-6, 6-4 to the 45th-ranked Kazakh Alexander Bublik in Thursday's second round in the German grasscourt Wimbledon warm-up. "I have to accept what happened. I'm now going to have a few days rest before Wimbledon, which are going to do me good" said Sinner. He now has 10 days between Thursday's loss and the start of his Wimbledon campaign, where he seeks to dethrone Carlos Alcaraz, his conqueror in a five-set epic French Open final at Roland Garros earlier this month. Halle in 2024 is the only grass court title Sinner has to his name. He made it to the semi-finals in Wimbledon two years ago. Last year he was beaten in the quarters. "Honestly a little break is going to do me good," the 23-year-old told Sky Italia. "I came here (to Halle), I gave it my all after the Roland Garros defeat, it wasn't easy," he added. "Despite everything I'm happy enough. "I've played two matches before Wimbledon, if there'd been more it would have been even better. "Now I've got to boost myself both mentally and physically, that takes a little time," but for Wimbledon, "everything will be fine". Sinner's loss to Alcaraz at the French Open was his first defeat in a Grand Slam final. Prior to that defeat Sinner also lost to Alcaraz in the Rome Open final just after returning from a three-month doping suspension following his Australian Open success. Zverev overcomes stomach bug to set up Halle semi-final with Medvedev Alexander Zverev's quest for a first grasscourt title took an unexpected turn at the Halle Open on Friday when the German second seed was forced to sprint from court to vomit mid-match before rallying to defeat Italy's Flavio Cobolli 6-4 7-6(8). Second seed Zverev started the match on the front foot by breaking in the first game but as he was serving in the second, he requested a toilet break to throw up and bolted down the tunnel. Once he returned, Zverev struggled with the intensity at first and clearly looked unwell, bending over in exhaustion after points and gasping for breath after a marathon rally. "I felt fine before the match. Then all of a sudden, out of nowhere, I felt really, really bad. I felt ill, went to throw up and then 15 minutes later I felt OK again," Zverev said. "I don't know what it was, I've never experienced that before. I hope I'll be fine in the next couple of hours when the adrenaline settles. After that I think it was a pretty good match." Although nowhere near 100%, Zverev held serve as he slowly drew on his reserves of energy, firing his first ace of the match on set point. The second set was an even contest as Cobolli relied on his movement to continue troubling Zverev, but the German eventually triumphed in a close tiebreak, finishing the match with 22 winners and 12 points at the net. The semi-final pits Zverev against Russian third seed Daniil Medvedev, a familiar foe who holds a 12-7 head-to-head advantage and has won their last three meetings. "I think he's the guy that I played the most in my career. I'm looking forward to it," Zverev added. "A lot of things happened in the last 18 months. He's one of my toughest opponents in my career. It's going to be a great match and I'm really looking forward to facing him." Medvedev moved into the semi-finals with a 6-4 6-3 victory over American Alex Michelsen despite suffering a nosebleed in the second set which forced the 2021 Halle runner-up to take a medical timeout. However, the Russian served well to deny his opponent a single break point opportunity and wrapped up the contest in 85 minutes as he reached the last four without dropping a set, with the only thing causing problems being the shadows on the court. "The shadows on the court made the conditions quite difficult. It took some time to get used to it. It was then better in the second set," said Medvedev, who will return to the top 10 ahead of Wimbledon.

Jannik Sinner says early Halle exit gives him more time to prepare for Wimbledon
Jannik Sinner says early Halle exit gives him more time to prepare for Wimbledon

Straits Times

time20-06-2025

  • Sport
  • Straits Times

Jannik Sinner says early Halle exit gives him more time to prepare for Wimbledon

World No. 1 Jannik Sinner failed to retain his Halle Open title after losing to Alexander Bublik. PHOTO: REUTERS Jannik Sinner says early Halle exit gives him more time to prepare for Wimbledon – World No. 1 Jannik Sinner is looking forward to a bit of unexpected downtime after his second-round loss at Halle, to better prepare for Wimbledon. The Italian defending champion went down 6-3, 3-6, 6-4 to the 45th-ranked Alexander Bublik of Kazakhstan in the second round on June 19 in the German grass-court Wimbledon warmup. 'I have to accept what happened. I'm now going to have a few days' rest before Wimbledon, which are going to do me good,' said Sinner. He now has more than a week until the start of Wimbledon on June 30, as he seeks to dethrone Carlos Alcaraz, his conqueror in a five-set epic French Open final at Roland Garros recently. Halle in 2024 is the only grass-court title Sinner has to his name. He made it to the semi-finals in Wimbledon two years ago. Last year he was beaten in the quarter-finals. 'Honestly a little break is going to do me good,' the 23-year-old told Sky Italia. 'I came here (to Halle), I gave it my all after the Roland Garros defeat, it wasn't easy. 'Despite everything I'm happy enough. I've played two matches before Wimbledon, if there'd been more it would have been even better.' But he stressed that, for Wimbledon, 'everything will be fine' as he aimed to use the time to prepare both mentally and physically for the Grand Slam event. Sinner's loss to 2023 Halle winner Bublik was his first against a player outside the top 20 since 2023. 'He's an unbelievable player. I was not thinking I could beat him,' Bublik said. His last loss to a player ranked outside the top 20 was against Dusan Lajovic, then No. 66 in the world, at Cincinnati in August 2023. On June 20, home favourite Alexander Zverev reached the semi-finals after a 6-4, 7-6 (8-6) win over Italian Flavio Cobolli. The German, who had to rush from the court for an impromptu toilet break early in the match, said: 'I felt fine before the match, and then out of nowhere I felt really, really bad and felt ill. 'I went to throw up, and then 15 minutes later I felt okay again. So I don't know what it was.' Over in London, second seed Jack Draper reached the Queen's Club semi-finals with a hard-fought 6-4, 5-7, 6-4 win over Brandon Nakashima. The Briton will next face Czech Jiri Lehecka. On the women's tour, Coco Gauff lost 6-3, 6-3 to Chinese qualifier Wang Xinyu in the last 16 in Berlin, just 12 days after winning her second Grand Slam title at the French Open. Wang advanced to the last four after her quarter-final opponent Paula Badosa retired on June 20 after losing the first set 6-1. AFP, REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Sinner says early Halle exit gives him more time to prepare for Wimbledon
Sinner says early Halle exit gives him more time to prepare for Wimbledon

France 24

time20-06-2025

  • Sport
  • France 24

Sinner says early Halle exit gives him more time to prepare for Wimbledon

The Italian defending champion went down 6-3, 3-6, 6-4 to the 45th-ranked Kazakh Alexander Bublik in Thursday's second round in the German grasscourt Wimbledon warm-up. "I have to accept what happened. I'm now going to have a few days rest before Wimbledon, which are going to do me good" said Sinner. He now has 10 days between Thursday's loss and the start of his Wimbledon campaign, where he seeks to dethrone Carlos Alcaraz, his conqueror in a five-set epic French Open final at Roland Garros earlier this month. Halle in 2024 is the only grass court title Sinner has to his name. He made it to the semi-finals in Wimbledon two years ago. Last year he was beaten in the quarters. "Honestly a little break is going to do me good," the 23-year-old told Sky Italia. "I came here (to Halle), I gave it my all after the Roland Garros defeat, it wasn't easy," he added. "Despite everything I'm happy enough. "I've played two matches before Wimbledon, if there'd been more it would have been even better. "Now I've got to boost myself both mentally and physically, that takes a little time," but for Wimbledon, "everything will be fine". Sinner's loss to Alcaraz at the French Open was his first defeat in a Grand Slam final. Prior to that defeat Sinner also lost to Alcaraz in the Rome Open final just after returning from a three-month doping suspension following his Australian Open success.

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