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Stock impact report

GXO announces new transport partnership with Matalan

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
GXO to become Matalan’s strategic transport partner, responsible for over 550 weekly deliveries to over 200 Matalan stores across the UK&I New partnership will help to optimise Matalan’s transport network, supporting its supply chain efficiency and commitment to deliver for customers LONDON, U.K., Oct. 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure play contract logistics provider and one of the U.K. and Ireland’s leading logistics and transportation partners, today announced a new transport delivery agreement with Matalan, the leading fashion and homeware value retailer, to run its transport delivery operations in the UK and Ireland. As part of a new three-year agreement, GXO will provide transport delivery operations for over 200 Matalan stores on high streets and in retail parks across the UK and Ireland. GXO will be a strategic partner to Matalan, helping to drive efficiencies across the retailer’s supply chain and ensu Show less Read more
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