GXO Logistics saw its share prices rise by 12.13 percent to close at $47.97 apiece as investor sentiment was boosted by the appointment of Patrick Kelleher as its new chief executive officer.

GXO Logistics launched GXO IQ, an AI-powered platform enhancing logistics operations through real-time orchestration of complex processes.

GXO Logistics (GXO) announced that the UK Competition and Markets Authority has cleared GXO’s acquisition of Wincanton subject to the divestment of a small number of Wincanton grocery contracts ...

Investing.com -- GXO Logistics (NYSE:GXO) announced the launch of GXO IQ, the first AI-powered intelligent platform specifically built for the logistics industry by logistics experts.

GXO IQ will help businesses navigate the complexity of today’s global supply chains by deploying industry-leading AI capabilities that orchestrate more productive, more dynamic logistics operations.

The Competition and Markets Authority clears GXO’s acquisition after its offer to sell Wincanton’s dedicated grocery warehousing business.

First, GXO's acquisition of Wincanton, a U.K.-based logistics company, was finally approved by the U.K. Competition and Markets Authority, more than a year after GXO announced its plans for the deal.

Is GXO a buy? GXO stock has lost to the market since being spun out of XPO in 2021. Thursday's announcements could be the first step in reversing those declines.