GXO head sees light at end of supply chain tunnel

The CEO of GXO Logistics Inc., the world’s largest pure-play contract logistics provider, said Tuesday that global supply chain bottlenecks should ease by the end of the second quarter of 2022, and that massive spikes in demand hitting GXO’s U.S. facilities are already starting to level off.

Malcolm Wilson (pictured) told analysts that “the issues that we’re seeing right now we believe are very much temporary. We’re anticipating to continue to see them probably into Q1, maybe even into Q2, but...

https://www.freightwaves.com/news/gxo-head-sees-light-at-end-of-supply-chain-tunnel

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