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Executives at GXO Logistics said its transformation strategy is beginning to pay off as the company reported its strongest commercial quarter in three years and expressed confidence that growth will accelerate into 2027.
During the second-quarter earnings call on Wednesday before the market opened, CEO Patrick Kelleher said the company has moved beyond leadership changes and strategic planning into execution, with commercial momentum, artificial intelligence deployments and operational improvements beginning to translate into financial results.
"This quarter marks five years since GXO became an independent public company," Kelleher said. "The foundation established over the past five years combined with new leadership and a new strategic agenda are now translating into results. We're seeing real momentum build behind our strategy and we're still in the early innings."
Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately 200 million square feet, with a global workforce of more than 130,000 people.
The company released its second quarter earnings after the market closed on Tuesday.

#years #kelleher #strategy #commercial
1 day ago

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