GXO Logistics reports big Q4 gains from e-commerce customers

Contract logistics giant GXO Logistics Inc.’s fourth-quarter revenue increased 25% year over year to $3.25 billion, thanks to strong sales and a major new customer contract, company officials said.

The company reported its fourth-quarter and full-year 2024 earnings results after the market closed on Wednesday.

GXO’s adjusted earnings per share in the fourth quarter increased 43% year over year to $1.

“We had a stellar sales year, closed over $1 billion of new business wins for the second year in a...

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