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Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp., emerging as a top bidder in the managed sale of the bankrupt LTL carrier’s assets, court documents show.  

Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.

Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture. 

GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

RXO Chief Strategy Officer Jared Weisfeld discussed what it was like to launch a new company amid a freight market downturn on RXO’s one-year anniversary Nov. 1.

GXO Logistics is deploying a new end-to-end supply chain software solution to support its shared warehousing service GXO Direct, the company announced Oct. 3.

GXO Logistics announced Sept. 14 it has entered into a definitive agreement to acquire the high-end e-commerce order fulfillment platform PFSweb.

GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.

GXO Logistics launched a multiyear plan to expand operations in Germany, the company announced June 8.

GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.