Skip to main content

GXO Named to 2022 FreightTech 100

Written by Customer Service on . Posted in Public Companies.

Recognized as one of the logistics industry’s most innovative companies

GREENWICH, Conn., Dec. 21, 2021 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has been named by FreightWaves, the industry-leading provider of news, data and analytics for the logistics markets, to the 2022 FreightTech 100, spotlighting the most innovative companies across the industry.

“We’re honored to be recognized by FreightWaves because we believe innovation is the key to helping customers meet today’s logistics challenges,” said Sandeep Sakharkar, Chief Information Officer, GXO. “GXO is leading the industry in deployment of automation and software and we will continue to invest in delivering solutions that help our customers to grow efficiently.

GXO uses automation and technology as key differentiators, helping boost safety, efficiency and productivity for customers. In the third quarter of 2021, its first as a standalone company, GXO deployed more than 1,000 new units of technology and grew total technology and automated systems across its warehouse footprint by 139 percent year over year and total goods-to-person systems by 135 percent year over year. GXO also received an industry-leading “AA” ESG rating from MSCI, placing it first among its industry peers.

FreightWaves is the world’s leading supply chain intelligence platform, used by more than 1 million professionals and more than 500 global enterprises to make informed decisions about their current and future supply chain operations. It uses an independent panel of judges to select 100 companies from hundreds of nominees to create the annual FreightTech 100.

About GXO Logistics

GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider in a $430 billion total addressable market that is benefitting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing a diverse, world-class workplace for approximately 95,000 team members across more than 860 warehouse locations totaling approximately 200 million square feet. The company partners with 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, USA. Visit GXO.com for more information and connect with GXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Media Contacts

Matthew Schmidt
+1 203-307-2809
matt.schmidt@gxo.com

Anne Lafourcade
+33 (0)6 75 22 52 90
anne.lafourcade@gxo.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.