In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news, including which ports are facing or experiencing backlogs, and ...
GXO is down 24% YoY and 30% from its 2024 peak due to rising costs and CEO departure concerns. Despite challenges, GXO has strong top-line growth, with revenues up 28% YoY and a growing $2.4B ...
Asos Plc said it will scrap its Atlanta distribution center as the struggling UK online fashion retailer seeks cost savings. American customers will be served from Asos’s automated fulfillment ...
Seven Asos employees affected by the change will be offered alternative roles where feasible and third-party logistics partners will make efforts to redeploy several hundred staff to nearby sites, it ...
Asos has confirmed it is in talks over changes to its borrowing facilities (Asos/PA) The move will impact seven staff directly employed by Asos in the US and “several hundred” employed by ...
Jan 15 (Reuters) - Britain's ASOS Plc (ASOS.L), opens new tab flagged a one-time impairment charge exceeding $200 million in fiscal 2025 due to the "mothballing" of its Atlanta distribution centre ...
GXO Warehouse Company, a logistics provider, will cease its operations for a client in Cumberland County. The company filed a Worker Adjustment and Retraining Notification with the Pennsylvania ...
The contract will see GXO manage a 10,000-square-metre facility equipped with automated systems including pick-to-light stations and telescopic arms for package unloading. The facility will handle ...
TREZZO SULL'ADDA, Italy, Jan. 09, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has signed a long ...