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Stock impact report

Hisense Partners with GXO to Manage its Logistics Operations in Spain

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
Rapid 2-month implementation already improving productivity and stock control accuracy at a new 36,000-square-meter logistics center in Valencia MADRID, Spain, April 07, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense’s logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization. ‘We are very proud of this new strategic partnership with Hisense, a company that shares our values of innovation and excellence,” said Rui Marques, Managing Director of GXO in Spain and Portugal. “Our ability to address supply chain challenges such as peak demand, as well as operate an environmentally sustainable facility, Show less Read more
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