GXO Logistics Achieves Record Q3 Revenue, Focuses on North America
Update: 2025-11-05
Description
GXO Logistics, a leading logistics company, reported record revenue of $3.4 billion for Q3, an 8% increase from last year. The company is focusing on expanding in North America, with U.S. revenue reaching $801 million, up from $771 million last year. GXO aims to capture more market share in industrial and technology supply chains, with a total addressable market of over $250 billion. The company is seeing growth in its sales pipeline, including new contracts with aerospace suppliers and hyperscale data center operators. Adjusted earnings before interest, taxes, depreciation, and amortization increased by 13% year over year. GXO attributes these improvements to productivity gains and maturing customer contracts.
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