On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company.
“This is a hard business to wrap your head around. There is no company out there that is scalable contract logistics,” he told a virtual audience during a Deutsche Bank forum.
Manduca was speaking less than three months after GXO was spun out of XPO. He acknowledged that investors “don’t really understand how to...
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