GXO Logistics Inc

GXO’s offer to buy U.K. logistics firm Wincanton bests Ceva Logistics’ bid by 26%.

A weaker-than-expected peak period leads GXO to cut its organic revenue growth guidance.

Embedding existing warehouses with new automation offers great potential as well as some risks, according to experts.

About half of the positions will be added in the U.K., with 4,000 in the U.S

GXO will receive an undetermined number of collaborative mobile robots.

The company will pursue smaller rivals that lack scale to meet increasingly demanding requirements, GXO’s CFO says.

The company’s first reporting quarter post-spinoff could have gone better.

Company plans to double LTL trailer capacity and add 900 dock doors.

The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.

The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.

Jacobs says 10% U.S. GDP growth is not out of the question in 2021.