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Stock impact report

GXO to Manage Logistics Operations for Levi Strauss & Co at State-of-the-Art German Distribution Center

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
GXO advances its growth strategy to serve leading global brands across sectors in Germany 70,000 automated square meter site with pioneering sustainability standards; Both LEED and WELL Health-Safety Certified Expect to create up to 650 jobs at full capacity in 2026 DORSTEN, Germany and GREENWICH, Conn., May 06, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced a 20-year partnership agreement with Levi Strauss & Co (LS&Co.) to manage operations at a state-of-the-art 70,000 square meter Dorsten Distribution Center (DDC) launching in early June. GXO will manage all logistics services for LS&Co. at the fully-automated facility, including value-added services, to distribute apparel and accessories across wholesale, retail, digital, ecommerce and marketplace channels. Richard Cawston, Chief Revenue Officer, GXO, said, "This significant partnership with LS&Co. will help accelerate their Show less Read more
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