Comment / Supply chain radar: GXO Logistics – in the value basket

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The perfect storm for the economy could well morph into the biggest success for US-headquartered pure-play contract logistics operator GXO Logistics.

Background

A decline in European and North America consumer spending is what everyone is worried about, concerns that have been stoked by increasing inflation driven by rising costs in energy and essential goods, creating a cost of living crisis in many advanced economies.

In response to a possible contraction in consumption, retailers are looking ever more nervously at balance sheets and searching ...