Skip to main content

New business wins pace strong second quarter earnings for GXO

Second quarter revenue saw a 15% annual increase, to $2.2 billion. Net income came in at $51 million, topping the second quarter of 2011 by 78%. Adjusted EBITDA—at $176 million—topped the $161 million recorded a year ago.

source https://www.supplychain247.com/article/new_business_wins_pace_strong_second_quarter_earnings_for_gxo

Comments

Popular posts from this blog

How Rising Inflation is Disrupting the Electronics Components Supply Chain

The worldwide inflation trend is causing problems in the electronic components supply chain by making parts more expensive and harder to procure, but mitigation methods exist to help OEMs, CMs, and EMS providers overcome the new challenge. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rising_inflation_is_disrupting_the_electronics_components_supply_chain

Transplace’s OptiPro focuses on shipment collaboration and LTL pooling

Earlier this month, Frisco, Texas-based Transplace, a non-asset-based third-party logistics services provider and subsidiary of Uber Freight, rolled out a new addition to its Transplace Network Services offerings, with a new tech-enabled service—entitled OptiPro—that identifies cross-customer opportunities for both LTL (Less-than-Truckload) and partial truckload freight. source https://www.supplychain247.com/article/transplaces_optipro_focuses_on_shipment_collaboration_and_ltl_pooling

Freight Payment: What stage are you in?

Shippers of all sizes should be reviewing their freight payment process. If you’re not getting routine data automatically with each paperless freight transaction, you’re doing freight payment and not freight settlement. What stage are you in? source https://www.supplychain247.com/article/freight_payment_what_stage_are_you_in