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GXO pursues Asian market expansion and accelerates organic revenue growth

Sourcing Journal · ·by G4L

GXO
GXO GXO Logistics Inc
$55.32 -1.36%
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  1. 1GXO's organic revenue growth rate accelerated to 6.4% for the quarter.
  2. 2The North American sales pipeline reached approximately $1.3 billion, an increase of over 80% year-over-year.
  3. 3CEO Patrick Kellerhaugh stated that humanoid deployment can provide customers with approximately 20% labor cost savings.

So what's the key point?

GXO's revenue growth has sped up and sales opportunities in North America have increased significantly. The company says it can save customers about 20% in labor costs by using robots.

Source Sourcing Journal · View original ↗

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