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Stock impact report

GXO Renews Agreement with Mars [Yahoo! Finance]

GXO Logistics, Inc. (GXO) 
Company Research Source: Yahoo! Finance
PARIS, France, April 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has renewed its contract with major consumer packaged goods company, Mars in France, a partnership that started 15 years ago. GXO manages storage, distribution, returns and value added-services for a number of Mars brands across its Snacking and Food & Nutrition segments. “We are delighted to expand our partnership with Mars in France,” said Rui Marques, Managing Director, France, GXO. “For many years, we've been leveraging our industry-leading automation expertise to help Mars transform its supply chain, and we're excited to expand the deployment of automated solutions to further enhance efficiency and improve our team members' experience.” GXO's 60,000-square-meter warehouse in Boigny-sur-Bionne has leveraged advanced automation solutions since 2018, including a layer picking robot that can prepare up to 60,000 pac Show less Read more
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