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WKN: A3CU51 | ISIN: US36262G1013 | Ticker-Symbol: 93N
Tradegate
23.12.24
12:21 Uhr
40,800 Euro
+0,400
+0,99 %
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GXO LOGISTICS INC Chart 1 Jahr
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RealtimeGeldBriefZeit
40,60041,40013:39
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GlobeNewswire (Europe)
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GXO Logistics: GXO announces new transport partnership with Matalan

Finanznachrichten News

GXO to become Matalan's strategic transport partner, responsible for over 550 weekly deliveries to over 200 Matalan stores across the UK&I

New partnership will help to optimise Matalan's transport network, supporting its supply chain efficiency and commitment to deliver for customers

LONDON, U.K., Oct. 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure play contract logistics provider and one of the U.K. and Ireland's leading logistics and transportation partners, today announced a new transport delivery agreement with Matalan, the leading fashion and homeware value retailer, to run its transport delivery operations in the UK and Ireland.

As part of a new three-year agreement, GXO will provide transport delivery operations for over 200 Matalan stores on high streets and in retail parks across the UK and Ireland. GXO will be a strategic partner to Matalan, helping to drive efficiencies across the retailer's supply chain and ensuring that Matalan continues to deliver a seamless shopping experience for customers.

"We're delighted to be chosen by Matalan to provide transport services, including up-stream and final mile deliveries," said Richard Ball, Director of Shared Transport networks at GXO. "By partnering with us for their transport operations, we'll be able to provide Matalan with best-in-class expertise and technical solutions freeing them to focus on creating amazing fashion and home products for their customers.

"Our priority is to help further streamline the supply chain and drive efficiencies in the operation and we're excited with some of the plans we already have in place to bring innovative solutions to help Matalan's growth. Utilising our vast experience and transport network, we can remove any unnecessary miles whilst regularly delivering to Matalan stores, utilising our shared transport network."

In the new partnership, GXO will make over 550 deliveries to Matalan's stores each week. This service will be delivered by 100 GXO drivers across a fleet of 55 HGVs and 110 trailers.

Drivers will be specially trained by GXO on their core values, prioritising safety and focusing on eco driving techniques that help reduce emissions and make for a cleaner transport function.

Matalan's Chief Supply Officer, Phil Hackney, added: "We're committed to going above and beyond for our Matalan customers, and in order to do that we need a strong transport network and smooth supply chain operations. As a proud omnichannel retailer, we're excited to leverage GXO's technology and supply chain expertise to ensure that we're offering our customers a wide range of stylish products and a hassle free-shopping experience every time they visit us in-store."

About GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) is the world's largest pure-play contract logistics provider and is capitalizing on the rapid growth of ecommerce and automation. GXO is committed to providing a world-class, diverse workplace for more than 130,000 team members in more than 970 facilities totaling approximately 200 million square feet. The company partners with the world's leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions. GXO is headquartered in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn,?X,?Facebook,?Instagram and YouTube.

About Matalan
Matalan is a leading UK and international fashion and homeware retailer, with a mission to be the first choice for outstanding family value.? With a large store network in excess of 280 UK and international stores and integrated e-commerce platform, Matalan is a trusted brand which puts its customer at the heart of its business and delivers unrivalled product choice and exceptional style and quality to 11 million loyal shoppers every year. Matalan is famously committed to offering a compelling value focused fashion and home offering, that continues to help millions of UK household budgets go further.?

Media contact

Jack Woodhead
+44 (0)7929104482
jack.woodhead@gxo.com


© 2024 GlobeNewswire (Europe)
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