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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGXO CEO Malcolm Wilson on operating with higher rates and the holiday spending outlookMalcolm Wilson, CEO of GXO Logistics, discusses the state of freight and how his company is operating in a higher rate environment.
Persons: Malcolm Wilson Organizations: GXO Logistics
GXO Logistics CEO on the state of the global supply chain
  + stars: | 2023-03-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGXO Logistics CEO on the state of the global supply chainGXO Logistics CEO Malcolm Wilson discusses how his company is faring amid a heighted economic environment.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGXO releases preliminary earnings and long term financial targets ahead of first investor dayGXO expects to beat revenue estimates and report EBITDA with a top range above estimates in its first full year as a publicly traded company according to a preliminary earnings release from its first investor day. The pure play contract logistics stocks was created from a spinoff of XPO in August 2021. CEO Malcolm Wilson will share his vision and outlook with investors and analysts in New York City on Thursday that includes long term financial targets through fiscal year 2027.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarehouses are stocked ahead of the holiday season, says GXO's Malcolm WilsonMalcolm Wilson, the CEO of GXO Logistics Europe, joins 'The Exchange' to discuss warehouse supply ahead of the holiday season, labor availability for seasonal workers, and consumer spending confidence.
Logistics CEOs told Insider the picture going into peak season is less clear than in past years. "The consumer is going to have much more choice and availability," Malcolm Wilson, CEO of logistics firm GXO, told Insider. But no one knows if the customers will show up or not," Rubin told Insider. A "smooth" peak isn't necessarily a bad peak — what's almost certain though is that it will look bad compared to last year. "When I look at our customer base, what I see is a degree of optimism about the future, they're continuing to invest," Wilson told Insider.
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