GXO Logistics (GXO) said Thursday it has renewed and expanded its partnership with OBI to cover e-commerce operations and returns alongside retail logistics.
The collaboration, which began in 2019, initially focused on deliveries to OBI's stores in Poland and expanded to manage online orders and customer returns, GXO Logistics said.
Shares of GXO Logistics were up 1% in recent trading.
Price: 60.98, Change: +0.63, Percent Change: +1.04
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.