GXO Logistics, Inc. (GXO): history, ownership, mission, how it works & makes money (2024)

A Brief History of GXO Logistics, Inc. (GXO)

GXO Logistics, Inc. (GXO) is a global leader in supply chain solutions, providing a range of services such as warehousing, distribution, transportation, and logistics technology. The company was officially launched as a separate entity from XPO Logistics in 2021.

XPO Logistics was originally founded in 2011 by Bradley Jacobs, who envisioned creating a top-tier logistics company through a series of strategic acquisitions. Over the years, XPO grew rapidly and established itself as a key player in the logistics industry, offering a wide range of services to clients worldwide.

In 2015, XPO expanded its presence in Europe by acquiring Norbert Dentressangle, a leading European transportation and logistics company. This acquisition significantly increased XPO's global footprint and market share in the European logistics market.

By 2020, XPO decided to spin off its logistics division into a separate company to unlock its full potential and provide more focused solutions to customers. This decision led to the creation of GXO Logistics, Inc., which would continue to build on the success and reputation of the XPO logistics division.

Today, GXO Logistics, Inc. operates as an independent company, dedicated to providing innovative supply chain solutions to help businesses optimize their operations and enhance their competitive advantage in the global marketplace.

Who Owns GXO Logistics, Inc. (GXO)

GXO Logistics, Inc. (GXO) is a global leader in supply chain solutions with a focus on providing innovative logistics services. The company was formerly a part of XPO Logistics, Inc., but it was spun off as a separate entity in 2021.

As of now, GXO Logistics, Inc. is a publicly traded company which means that it is owned by a combination of individual and institutional investors who hold shares of the company's stock. This allows for greater transparency and liquidity in the company's ownership structure.

• XPO Logistics, Inc.: While GXO is now a separate entity from XPO Logistics, Inc., the two companies still have some common shareholders due to the spin-off. These shareholders may include large institutional investors and mutual funds.
• Individual Investors: There are also individual investors who own shares of GXO Logistics, Inc. These investors may be retail investors who trade stocks through online platforms or traditional brokerage firms.
• Institutional Investors: Institutional investors such as pension funds, hedge funds, and asset management companies also own a significant portion of GXO Logistics, Inc. These investors may hold large stakes in the company and play a role in its governance.

Overall, GXO Logistics, Inc. has a diverse ownership structure with various stakeholders holding shares in the company. This structure can help ensure stability and long-term growth for the business as it continues to expand its presence in the global logistics industry.

GXO Logistics, Inc. (GXO) Mission Statement

At GXO Logistics, Inc., our mission is clear and unwavering: to provide innovative supply chain solutions that help our customers succeed in a rapidly changing world. We are committed to delivering excellence in everything we do, from our cutting-edge technology to our dedicated team of logistics experts.

Our customer-centric approach drives us to constantly seek new ways to improve efficiency, reduce costs, and enhance the overall supply chain experience. We strive to exceed expectations and build long-lasting partnerships based on trust, collaboration, and mutual success.

• Innovation: We embrace change and continuously seek new ways to improve our services and solutions.
• Excellence: We hold ourselves to the highest standards of quality, professionalism, and performance.
• Customer-Centricity: We prioritize the needs and goals of our customers in everything we do.
• Collaboration: We believe in the power of teamwork and collaboration to drive success for all parties involved.
• Sustainability: We are committed to environmental responsibility and sustainability in all of our operations.

How GXO Logistics, Inc. (GXO) Works

GXO Logistics, Inc. is a global leader in supply chain solutions, providing services such as warehousing, transportation, distribution, and logistics technology. The company operates with a focus on innovation, efficiency, and sustainability to meet the ever-evolving needs of its clients.

• Warehousing: GXO operates a network of state-of-the-art warehouses around the world, where they provide storage, inventory management, order fulfillment, and other value-added services to their clients.
• Transportation: The company offers transportation services to move goods from one point to another, whether it's by road, rail, air, or sea. GXO's transportation solutions are designed to be efficient, cost-effective, and reliable.
• Distribution: GXO helps clients optimize their distribution networks by providing strategic advice, implementing best practices, and leveraging cutting-edge technology to ensure products reach their final destination in a timely manner.
• Logistics Technology: GXO leverages technology to drive operational excellence and provide real-time visibility into supply chain activities. The company's proprietary software solutions help streamline processes, improve productivity, and enhance overall performance.

Overall, GXO Logistics, Inc. works tirelessly to deliver end-to-end supply chain solutions that drive value for their clients, improve operational efficiencies, and ultimately help businesses succeed in today's competitive marketplace.

How GXO Logistics, Inc. (GXO) Makes Money

1. Warehouse Management Services: GXO Logistics provides warehouse management services to various companies, including inventory management, order fulfillment, and distribution services. Companies pay GXO for these services, helping the company generate revenue.

2. Transportation Services: GXO offers transportation services such as freight brokerage, last-mile delivery, and global forwarding. Companies rely on GXO for their transportation needs and pay for these services, contributing to the company's revenue stream.

3. Technology Solutions: GXO Logistics also generates revenue through its technology solutions, such as software for supply chain management and automation tools for warehouses. Companies pay for these technology solutions to improve their operations and efficiencies.

• 4. Contract Logistics: GXO provides contract logistics services to companies looking to outsource their logistics operations. This can include managing a company's entire supply chain or specific logistics functions. Companies pay GXO for these services based on their contract agreements.
• 5. E-commerce Fulfillment: With the rise of e-commerce, GXO offers fulfillment services for online retailers. Companies pay GXO to store inventory, pick and pack orders, and ship products to customers, helping GXO generate revenue in this growing market.
• 6. Value-Added Services: GXO offers value-added services such as kitting, packaging, and returns management. Companies pay for these additional services to enhance their logistics operations and improve customer satisfaction.