GXO Logistics Expands Collaboration With Castore

MT Newswires Live
05 Feb

GXO Logistics (GXO) said Wednesday that it has expanded its partnership with sportswear brand Castore to handle warehousing and transportation in the UK, US, and Europe.

GXO has been managing logistics for Castore in the UK since April 2024, distributing teamwear for sports teams like Red Bull Racing and McLaren F1, among others. The company is now extending the partnership to the Netherlands and plans to expand into the US.

The company said it will manage both warehousing and transportation for Castore, including wholesale, retail, and e-commerce distribution globally.

Shared of GXO Logistics were 1.4% lower in recent trading.

Price: 44.37, Change: -0.59, Percent Change: -1.31

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