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GXO Logistics Inc

34.61

-0.9200-2.59%

Volume:267.27K

Turnover:9.24M

Market Cap:4.14B

PE:30.90

High:35.01

Open:34.71

Low:34.25

Close:35.53

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Overview Company News Filings

GXO Logistics price target lowered to $52 from $60 at Barclays

PRESS DIGEST - Wall Street Journal - Dec 4

GXO Logistics CEO Malcom Wilson to retire

BRIEF-Malcolm Wilson To Retire As CEO Of Gxo Logistics In 2025

GXO Logistics CEO to Retire Next Year

GXO Logistics CEO Malcolm Wilson to retire in 2025

Malcolm Wilson to Retire as CEO of GXO Logistics in 2025

THOMSON REUTERS

Is Now The Time To Look At Buying GXO Logistics, Inc. (NYSE:GXO)?

Simply Wall St.

Zacks Industry Outlook Highlights United Parcel Service, GXO Logistics and Air Transport Services

GXO Logistics, OBI Expand Partnership to Include E-Commerce, Returns

MT Newswires Live

3 Air-Freight & Cargo Stocks to Keep an Eye On Amid Demand Woes

GXO Logistics Is Maintained at Outperform by Oppenheimer

Oppenheimer Adjusts GXO Logistics Price Target to $67 From $63, Maintains Outperform Rating

MT Newswires Live

GXO Logistics : Oppenheimer Raises Target Price to $67 From $63

THOMSON REUTERS

GXO Logistics price target raised to $67 from $63 at Oppenheimer

Do Its Financials Have Any Role To Play In Driving GXO Logistics, Inc.'s (NYSE:GXO) Stock Up Recently?

Simply Wall St.

Q3 Earnings Outperformers: GXO Logistics (NYSE:GXO) And The Rest Of The Air Freight and Logistics Stocks

Over 2,400 layoffs hit supply chain-related firms across US

Positive Buy Rating on GXO Logistics Amid Strategic Moves and Market Position

GXO Logistics' Wincanton Acquisition Placed Under In-Depth Probe by UK Regulator

MT Newswires Live

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He will continue to lead the company while the board looks for a successor.Wilson was named CEO in August 2021 and oversaw significant company growth and acquisitions.\"Our incoming CEO will inherit a best-in-class management team and strong industry positioning, while Malcolm will embark on a well-deserved retirement,\" Chairman Brad Jacobs said. \"I fully support this decision and wish him all the best.\"","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GXO","BK4131","BK6039","BK6520","NEX.SI"],"gpt_icon":0},{"id":"2488741219","title":"GXO Logistics CEO Malcolm Wilson to retire in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2488741219","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488741219?lang=en_us&edition=fundamental","pubTime":"2024-12-04 05:50","pubTimestamp":1733262617,"startTime":"0","endTime":"0","summary":"GXO Logistics (GXO) announced that Malcolm Wilson, chief executive officer, has informed the board of directors that he plans to retire in 2025. He...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/gxo-logistics-ceo-malcolm-wilson-to-retire-in-2025?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/gxo-logistics-ceo-malcolm-wilson-to-retire-in-2025?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GXO","BK4131"],"gpt_icon":0},{"id":"2488971297","title":"Malcolm Wilson to Retire as CEO of GXO Logistics in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2488971297","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488971297?lang=en_us&edition=fundamental","pubTime":"2024-12-04 05:45","pubTimestamp":1733262300,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241203:nTUA1L6SRG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4131","GXO"],"gpt_icon":0},{"id":"2488923927","title":"Is Now The Time To Look At Buying GXO Logistics, Inc. (NYSE:GXO)?","url":"https://stock-news.laohu8.com/highlight/detail?id=2488923927","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488923927?lang=en_us&edition=fundamental","pubTime":"2024-12-04 02:21","pubTimestamp":1733250078,"startTime":"0","endTime":"0","summary":"GXO Logistics, Inc. , might not be a large cap stock, but it saw a significant share price rise of 27% in the past couple of months on the NYSE. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price?Let’s take a look at GXO Logistics’s outlook and value based on the most recent financial data to see if the opportunity still exists.If you'd like to know more about GXO Logistics as a business, it's important to be aware of any risks it's facing. You'd be intereste","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Zp2ICoOvWRYM7kbgcJnIyQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/ae8872ebc1c143362ada976ee9b011cc","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Zp2ICoOvWRYM7kbgcJnIyQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/ae8872ebc1c143362ada976ee9b011cc"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/now-time-look-buying-gxo-182118413.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GXO","BK4131","NYSE"],"gpt_icon":0},{"id":"2488969805","title":"Zacks Industry Outlook Highlights United Parcel Service, GXO Logistics and Air Transport Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2488969805","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488969805?lang=en_us&edition=fundamental","pubTime":"2024-12-02 18:00","pubTimestamp":1733133600,"startTime":"0","endTime":"0","summary":"Chicago, IL – December 2, 2024 – Today, Zacks Equity Research discusses United Parcel Service UPS, GXO Logistics GXO and Air Transport Services Group ATSG.The Zacks Transportation - Air Freight and Cargo industry is grappling with persistent supply-chain disruptions, a challenging macroeconomic environment characterized by inflation-induced high interest rates, a weaker-than-expected demand environment and the consequent weakness in package volumes.Despite the above-mentioned challenges, we believe that the space still has fuel left in the tank, especially for operators targeting growth opportunities and operating efficiency initiatives. Cost-cut efforts to drive the bottom line are commendable as well. Companies like United Parcel Service, GXO Logistics and Air Transport Services Group have been leveraging these trends to their advantage.The trimmed revenue forecast highlights that UPS does not expect shipping activities to be buoyant in the final quarter of 2024 due to the slow","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ZNqc9J0T_qh2YJdOfvDy1w--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b0d1589815a497a00bec580e2895f6b1","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZNqc9J0T_qh2YJdOfvDy1w--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b0d1589815a497a00bec580e2895f6b1"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/zacks-industry-outlook-highlights-united-100000102.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00BFSS7M15.SGD","UBCP","LU0070302665.USD","BK4532","BK4581","IE00BJJMRY28.SGD","SDS","IE0004445015.USD","LU0320765489.SGD","UPS","BK4559","LU1074936037.SGD","OEX","SPXU","VOO","LU1430594728.SGD","BK4211","LU0149725797.USD","GXO","BK4131","UPRO","LU0061475181.USD",".SPX","SH","IE00BFSS8Q28.SGD","ESmain","LU2133065610.SGD","BK4572","IVV","IE0002270589.USD","IE00B7KXQ091.USD","IE00B7SZLL34.SGD","LU0320765646.SGD","LU1585245621.USD","BK4588","IE00BJJMRX11.SGD","SSO","BK4504","LU0211331839.USD","IE00B19Z3581.USD","LU0208291251.USD","BK4534","LU2237438978.USD","LU1162221912.USD","ATSG","OEF","BK4585","IE00B19Z3B42.SGD","SPY","BK4550"],"gpt_icon":0},{"id":"2487759866","title":"GXO Logistics, OBI Expand Partnership to Include E-Commerce, Returns","url":"https://stock-news.laohu8.com/highlight/detail?id=2487759866","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487759866?lang=en_us&edition=fundamental","pubTime":"2024-11-30 01:59","pubTimestamp":1732903178,"startTime":"0","endTime":"0","summary":"GXO Logistics  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","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NEX.SI","BK6039","BK6520","BK4131","GXO"],"gpt_icon":0},{"id":"2487598754","title":"3 Air-Freight & Cargo Stocks to Keep an Eye On Amid Demand Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=2487598754","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487598754?lang=en_us&edition=fundamental","pubTime":"2024-11-30 00:37","pubTimestamp":1732898220,"startTime":"0","endTime":"0","summary":"The Zacks Transportation - Air Freight and Cargo industry is grappling with persistent supply-chain disruptions, a challenging macroeconomic environment characterized by inflation-induced high interest rates, a weaker-than-expected demand environment and the consequent weakness in package volumes.Despite the above-mentioned challenges, we believe that the space still has fuel left in the tank, especially for operators targeting growth opportunities and operating efficiency initiatives. Cost-cut efforts to drive the bottom line are commendable as well. Companies like United Parcel Service UPS, GXO Logistics GXO, and Air Transport Services Group ATSG have been leveraging these trends to their advantage.The trimmed revenue forecast highlights that UPS does not expect shipping activities to be buoyant in the final quarter of 2024 due to the slowdown in online sales in the United States, apart from the softness in global manufacturing activities.Strong Financial Returns for Shareholders: Wi","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/jYCQlJClIjBMK.TSGVTLKQ--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/68e5bbe733d030ce1ef35427dabc5b29","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/jYCQlJClIjBMK.TSGVTLKQ--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/68e5bbe733d030ce1ef35427dabc5b29"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/3-air-freight-cargo-stocks-163700430.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4523","IE0004445015.USD","LU0070302665.USD","IE00B19Z3581.USD","ATSG","LU1162221912.USD","LU0149725797.USD","LU0320765489.SGD","LU1074936037.SGD","IE00B19Z3B42.SGD","SDS","SPY","BK4550","BK4559","BK4581","BK4131","VOO","SSO","SPXU","BK4187","IE00B7KXQ091.USD","ESmain","BK4534","BK4585","IE00B7SZLL34.SGD","LU0320765646.SGD","BK4572","IE0002270589.USD","LU0061475181.USD","OEF","LU2237438978.USD","IE00BFSS8Q28.SGD","GXO","UPS","LU0208291251.USD","TTM","LU1430594728.SGD","IE00BFSS7M15.SGD",".SPX","BK4099","BK4504","IE00BJJMRX11.SGD","UPRO","AIRI","IVV","LU1585245621.USD","OEX","SH","IE00BJJMRY28.SGD","BK4588"],"gpt_icon":0},{"id":"2486217648","title":"GXO Logistics Is Maintained at Outperform by Oppenheimer","url":"https://stock-news.laohu8.com/highlight/detail?id=2486217648","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486217648?lang=en_us&edition=fundamental","pubTime":"2024-11-27 21:45","pubTimestamp":1732715100,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/GXO/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 27, 2024 08:45 ET (13:45 GMT)","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OPY","NEX.SI","GXO"],"gpt_icon":0},{"id":"2486821923","title":"Oppenheimer Adjusts GXO Logistics Price Target to $67 From $63, Maintains Outperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2486821923","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486821923?lang=en_us&edition=fundamental","pubTime":"2024-11-27 21:36","pubTimestamp":1732714582,"startTime":"0","endTime":"0","summary":"GXO Logistics Inc (GXO) has an average rating of Buy and mean price target of $70.19, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ba","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OPY","GXO","NEX.SI"],"gpt_icon":0},{"id":"2486782131","title":"GXO Logistics : Oppenheimer Raises Target Price to $67 From $63","url":"https://stock-news.laohu8.com/highlight/detail?id=2486782131","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486782131?lang=en_us&edition=fundamental","pubTime":"2024-11-27 21:16","pubTimestamp":1732713405,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241127:nAZN2P8219:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4131","GXO"],"gpt_icon":0},{"id":"2486823829","title":"GXO Logistics price target raised to $67 from $63 at Oppenheimer","url":"https://stock-news.laohu8.com/highlight/detail?id=2486823829","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2486823829?lang=en_us&edition=fundamental","pubTime":"2024-11-27 20:45","pubTimestamp":1732711518,"startTime":"0","endTime":"0","summary":"Oppenheimer analyst Scott Schneeberger raised the firm’s price target on GXO Logistics (GXO) to $67 from $63 and keeps an Outperform rating on the ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/gxo-logistics-price-target-raised-to-67-from-63-at-oppenheimer?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/gxo-logistics-price-target-raised-to-67-from-63-at-oppenheimer?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GXO","OPY"],"gpt_icon":0},{"id":"2485449350","title":"Do Its Financials Have Any Role To Play In Driving GXO Logistics, Inc.'s (NYSE:GXO) Stock Up Recently?","url":"https://stock-news.laohu8.com/highlight/detail?id=2485449350","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485449350?lang=en_us&edition=fundamental","pubTime":"2024-11-21 23:12","pubTimestamp":1732201954,"startTime":"0","endTime":"0","summary":"GXO Logistics (NYSE:GXO) has had a great run on the share market with its stock up by a significant 20% over the last...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/3211000-choice1-main-header/1585186856220","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/3211000-choice1-main-header/1585186856220"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/transportation/nyse-gxo/gxo-logistics/news/do-its-financials-have-any-role-to-play-in-driving-gxo-logis-2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK6039","NYSE","BK4131","NEX.SI","GXO","BK6520"],"gpt_icon":0},{"id":"2485856416","title":"Q3 Earnings Outperformers: GXO Logistics (NYSE:GXO) And The Rest Of The Air Freight and Logistics Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2485856416","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2485856416?lang=en_us&edition=fundamental","pubTime":"2024-11-21 17:09","pubTimestamp":1732180149,"startTime":"0","endTime":"0","summary":"As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the air freight and logistics industry, including GXO Logistics  and its peers.The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies’ offerings while fuel costs can influence profit margins.The 7 air freight and logistics stocks we track reported a mixed Q3. As a group, revenues beat analysts’ consensus estimates by 2% while next quarter’s revenue guidance was 19.3% below.In light of this news, share prices of the companies have held s","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/JfFjSI5GMiIs720dDSvzYQ--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/5c51358473770386dd7e874c877f6e8d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/JfFjSI5GMiIs720dDSvzYQ--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/5c51358473770386dd7e874c877f6e8d"],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-earnings-outperformers-gxo-logistics-090909727.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UPS","NYSE","GXO","AIRI","FDX"],"gpt_icon":0},{"id":"2484985012","title":"Over 2,400 layoffs hit supply chain-related firms across US","url":"https://stock-news.laohu8.com/highlight/detail?id=2484985012","media":"FreightWaves","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484985012?lang=en_us&edition=fundamental","pubTime":"2024-11-19 04:20","pubTimestamp":1731961247,"startTime":"0","endTime":"0","summary":"Layoffs continue across the freight and logistics industry, with 2,402 job cuts announced by companies in Arizona, California, Georgia, Illinois, Missouri, Ohio and Texas over the past three weeks.Hardware wholesaler True Value Co. filed for Chapter 11 bankruptcy Oct. 14 and plans to sell the majority of its assets to competitor Do it Best for $153 million.The Chicago-based company operates as a member-owned wholesaler cooperative that sells products to hardware sellers, garden centers, industrial distributors and other merchants.While individual True Value stores are independently owned and will not be a part of the bankruptcy, the company is closing eight regional distribution centers as part of the plan.The closures will result in 1,108 job cuts. True Value regional distribution centers that have received warn notices include:. “Our primary goal throughout our strategic evaluation process has been — and remains — preserving jobs and avoiding or postponing facility closures,” True Va","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/CEM8dnxfjQjbTwBLnCVjNQ--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/freightwaves_373/afda958884d7b30d9afd6c475a7f4ba4","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/CEM8dnxfjQjbTwBLnCVjNQ--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/freightwaves_373/afda958884d7b30d9afd6c475a7f4ba4"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/over-2-400-layoffs-hit-202047837.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1852331112.SGD","LU2506952097.USD","LU0056508442.USD","LU0345769631.USD","LU2461242641.AUD","PEP","IE00BJTD4N35.SGD","LU1935042991.SGD","COLD","IE0004445239.USD","BK4177","LU2362541513.USD","SG9999018857.SGD","LU0823421333.USD","LU2265009873.SGD","LU0320765059.SGD","LU1732799900.SGD","BK4532","LU1914381329.SGD","LU2361045086.USD","LU1551013342.USD","IE00BVYPNW00.USD","KO","IE00B3S45H60.SGD","LU1235294995.USD","LU0289960550.SGD","LU0096362180.USD","LU0353189763.USD","SGXZ99366536.SGD","LU0672654240.SGD","BK4559","BK4579","AMZN","LU0077335932.USD","BK4171","SGXZ31699556.SGD","LU0158827781.USD","GXO","IE00BLSP4452.SGD","LU0985320562.USD","LU0316494557.USD","LU2417539215.USD","LU0642271901.SGD","LU1803068979.SGD","LU1868836914.USD","LU0724617625.USD","LU0061474705.USD","LU2111349929.HKD"],"gpt_icon":1},{"id":"2483232540","title":"Positive Buy Rating on GXO Logistics Amid Strategic Moves and Market Position","url":"https://stock-news.laohu8.com/highlight/detail?id=2483232540","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483232540?lang=en_us&edition=fundamental","pubTime":"2024-11-15 18:45","pubTimestamp":1731667514,"startTime":"0","endTime":"0","summary":"Wells Fargo analyst Christian Wetherbee has maintained their bullish stance on GXO stock, giving a Buy rating on November 6. Christian Wetherbee ha...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/positive-buy-rating-on-gxo-logistics-amid-strategic-moves-and-market-position?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/positive-buy-rating-on-gxo-logistics-amid-strategic-moves-and-market-position?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["GXO"],"gpt_icon":0},{"id":"2483080678","title":"GXO Logistics' Wincanton Acquisition Placed Under In-Depth Probe by UK 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