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0 -9.4714908126453E-05 0.0019890130706574 -0.00151543853002459 0.00340973669255554 0.000947149081265472 -0.00644061375260459 -0.00378859632506148
Stock impact report

Canada logistics market heats up with new DCs, acquisition, drayage launch [Yahoo! Finance]

GXO Logistics, Inc. (GXO) 
Company Research Source: Yahoo! Finance
Third-party logistics providers are increasing investments in warehousing, fulfillment and drayage as Canada's 3PL market continues to expand alongside e-commerce growth and cross-border trade. GXO expands with Pandora in Ontario Contract logistics provider GXO Logistics has opened a new distribution center in Mississauga, Ontario, expanding its North American footprint through its partnership with jewelry company Pandora. The facility is designed to support Pandora's e-commerce fulfillment operations in Canada and improve delivery speed and network efficiency by positioning inventory closer to customers, according to a news release . The site uses advanced technology such as lighted picking systems and video capture at packing stations to improve accuracy and throughput, according to the company's announcement. The new site also strengthens GXO and Pandora's global distribution network, which includes facilities across the U.S., the United Kingdom and Europe. Greenwich, Co Show less Read more
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