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GXO Logistics (NYSE:GXO) is using fleets of autonomous mobile robots, or AMRs, to help customers in the 28 countries. The company will be introducing a fleet of AMRs in the U.K. and the Netherlands over the next few months. AMRs can boost productivity up to 60% and improve accuracy. “O...
GXO ’s worldwide use of collaborative robots increased 200% in 2021 , enhanc ing efficiency, productivity and safety Autonomous Mobile Robots are now integrated into the grocery industry Modular technology drives increas...
GXO has outlined its proposed cash and stock acquisition of Clipper Logistics. Adding Clipper should yield benefits on the cost and revenue side, so the post-synergy transaction multiple is very palatable. The accretion potential here is also attractive, and given GXO's track reco...
Traders when confronting news that threatens our very existence are tempted to sell. A disciplined trader should consider buying instead. Global destruction happens only once. All the fearful news regarding Russia bombarding a nuclear power plant overshadowed some very positive econom...
Barely six months after it was spun off from XPO Logistics , GXO Logistics (NYSE: GXO) looks ready to make its first big mergers and acquisition (M&A) deal. According to a press release last weekend, GXO, which is the largest pure-play contract logistics company in the w...
XPO's fourth quarter EBITDA exceeded expectations, even with a notable drop in operating margin for the North American trucking operations. Management has a multipoint improvement plan underway for the trucking business that includes increased service quality, increased capacity, and ...
Even though futures show that our indexes will be way down, I'm buying tomorrow. I believe the market has over-discounted the bad news and has left no room for any good news. This sets up for an emerging spate of optimism. I still favor the tech names even more now that some of th...
Shares of Clipper Logistics Plc ( LON: CLG ) are up nearly 15% on Monday after the retail logistics company said a U.S. peer is interested in buying it for £942.6 million ($1.3 billion) in cash and stock. What we know so far about the possible takeover GXO Logistics Inc...
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If there was any doubt about the wisdom of GXO Logistics ' (NYSE: GXO) spin-off from XPO Logistics (NYSE: XPO) last August, GXO's fourth-quarter report put it to rest. The contract logistics giant breezed past its own guidance and investor estimates in the fourth quarter...
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2024-07-22 03:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
After leading GXO in France, Marques returns to Spain and Portugal to drive GXO's expansion MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced Rui Marques will return to Spain as Ma...
GREENWICH, Conn., July 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2024 earnings conference call and webcast on Tuesday, August 6, 2024, at 8:30 a.m. Eastern Time. The company’s results will be released at 6:30 a.m. on Tuesday, August 6...