Comment / GXO – boring is beautiful

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ID 125273855 © Ekaterina Bykova | Dreamstime.com

By Jack Riddick & Alessandro Pasetti

09/11/2023

If you dialled in to the RXO and GXO conference calls this week you’ll know by now that boring is beautiful but also, that one of the two spin-offs from what once was XPO Logistics is the clear winner this earnings season.

Let’s focus today on the larger entity, a pure-play contract logistics player whose stock strengthened yesterday after a call with analysts, ending the trading session atop our demo-only portfolio. The stock got little traction in pre-market on the numbers ...

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GXO Logistics Supply chain radar

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