GXO Logistics sees ‘more normal’ freight market returning

GXO Logistics Inc. sees an upward trend in the global freight market in 2025, encouraged by its growing customer base and organic sales growth in the third quarter.

“We definitely are feeling that we’re out of the trough that we’ve been in for the last 12 months, and we’re getting back to a more normal kind of growth type of metric,” CEO Malcolm Wilson said during a call with analysts Tuesday. “We’re definitely building for a much stronger 2025.”

Greenwich, Connecticut-based GXO Logistics (NYSE:...

https://www.freightwaves.com/news/gxo-logistics-sees-more-normal-freight-market-returning

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