Contract Logistics

GXO raises 2026 outlook, rules out Amazon logistics threat

amefika1 month ago05 mins

GXO Logistics on Tuesday reported better-than-expected first-quarter earnings, driven by growth in aerospace, defense and technology logistics contracts, while executives dismissed concerns that Amazon’s newly expanded supply chain services could threaten the company’s business model. The contract logistics provider reported first-quarter revenue of $3.3 billion, up 10.8% year over year, while adjusted EBITDA rose 23%…

DQS secures contract logistics provider in latest acquisition

amefika2 months ago02 mins

DQS Solutions & Staffing announced that it has further expanded its transportation and logistics platform with the acquisition of contract logistics provider Comprehensive Logistics, Inc. The deal merges CLI, DQS and McLaren Transport, which DQS acquired last year, under parent organization Axvor. Each company will continue to operate under its current brand. Financial terms of…