GXO Logistics, Inc. (NYSE: GXO) is the largest pure-play contract logistics company in the world. A leader in cutting-edge warehousing and distribution, we design, manage and optimize supply chains, delivering customized, tech-enabled solutions at scale to the world’s most successful companies.
GXO operates as a highly integrated network of people, technology and physical assets in 27 countries, with 869 locations, 208 million sq ft of warehouse space, and approximately 94,000 team members, all dedicated to efficiently managing our customers’ goods. Our business is led by best-in-class management talent with decades of experience.
We offer one of the largest global platforms for outsourced ecommerce logistics, including the largest e-fulfillment platform in Europe, and serve a diversified blue-chip customer base, leveraging our expertise in high-value-add warehousing and distribution, order fulfillment, ecommerce and reverse logistics. Our customers include over 30% of Fortune 100 companies and 24% of the Fortune Global 100 – long-term contractual relationships that provide visibility into future revenue and earnings.
Companies are increasingly seeking out GXO’s customized, technology-enabled solutions, particularly along ecommerce, omnichannel retail and direct-to-consumer channels. We’re the global leader in logistics innovation, with outsourced solutions that provide advanced automation, digital visibility, and intelligent machines such as robotics and autonomous goods-to-person systems. There are capabilities we offer today, with reliable outcomes, more visibility and greater efficiency for our customers.
Our growth is propelled by the three massive tailwinds of ecommerce, outsourcing and advanced automation. The opportunity is significant: We have a total potential addressable market across North America and Europe of approximately $430 billion. GXO holds a 5% share of the $130 billion in logistics spend outsourced in North America and Europe, and there’s opportunity for another $300 billion that’s currently insourced. Given our asset-light business model and continuous deployment of technology, there is vast runway for expansion.