Unsold GXO – Vertical integration in logistics? You must be kidding
Forget that myth
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
XPO Logistics has announced that Bill Fraine (pictured above) will become the chief commercial officer of GXO Logistics, the intended spin-off of its logistics business.
Mr Fraine will be responsible for leading GXO’s “go-to-market activities, with a focus on aligning growth with long-term value creation when the planned separation is complete”.
Mr Fraine spent 23 years with FedEx and joined XPO in 2011 as head of operations and account management. He currently serves as division president, supply chain – Americas and Asia Pacific, overseeing the integration of several XPO acquisitions and he restructured the businesses in North America by customer vertical.
Brad Jacobs, XPO Logistics chairman and CEO, said, “Bill has all the qualities of a first-rate CCO – and the resumé to back it up. I’m excited to see him lead GXO’s efforts to bolster long-term relationships with existing customers, as well as add new business from other blue-chip companies.”
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