GXO Logistics Just Hit a 2-Year High. Can It Keep Going Higher?

13.02.26 06:45 Uhr

GXO Logistics (NYSE: GXO) is the world's biggest pure-play contract logistics company. The company was spun off from XPO in 2021 and has made several acquisitions since then, including Clipper Logistics and Wincanton, following a mandate to do just that after the separation. As a result, the business has grown since then with the help of organic growth, but the stock has mostly been stuck in neutral due in part to a sluggish macroeconomic environment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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