GXO Logistics Reports Positive Trends in Global Freight Market

Reported 2 months ago

GXO Logistics, a leading contract logistics provider, reported strong second-quarter results with a 19% year-over-year revenue increase to $2.8 billion. CEO Malcolm Wilson highlighted a positive trend in the freight market, particularly in Europe, while noting significant new business activity in North America despite slower growth. The company is on track for a record year in new business signings and has increased its 2024 revenue guidance.

Source: YAHOO

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