Latest News Updates From Paul Schott

GovernmentBusinessLogisticsTCA

GXO Plans 400 More Layoffs This Year

GREENWICH, Conn. — GXO Logistics this year has laid off more than 500 employees in the U.S., while it plans to cut nearly 400 more positions across two sites, according to public records.

November 15, 2024
BusinessLogisticsTCA

GXO Opens Warehouse in Maryland for Conair

GXO Logistics has opened an approximately 2.1 million-square-foot distribution center in Maryland, a facility that will exclusively serve Conair.

May 14, 2024
BusinessLogisticsFor-HireTCA

XPO Confirms Job Cuts to Reduce Labor Costs

GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.

May 9, 2023
BusinessLogisticsTCA

GXO Logistics to Hire 4,000 for Holiday Season Across US

Warehouse operator GXO Logistics announced on Oct. 13 plans to hire about 4,000 employees across the U.S. by the end of the year, as it prepares for a busy holiday season in which it expects a surge in product returns.

October 17, 2022
BusinessTechnologyLogisticsAutonomousTop 100TCA

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

October 24, 2019
BusinessLogisticsTop 100TCA

Former GE Executive Aris Kekedjian Appointed to XPO Logistics Board

Transportation and logistics giant XPO Logistics has announced the appointment of Aris Kekedjian, a longtime GE executive, to its board of directors.

October 18, 2019
GovernmentBusinessLogisticsTop 50TCA

XPO Denies Memphis Plant Closing Is Retaliation

XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.

February 19, 2019
BusinessLogisticsTCA

E-Commerce Drives Global Package Shipping Volume to Rise 48% in Two Years

Global package shipping volume increased by 48% during the past two years, powered by growth in e-commerce, according to a report released last week by technology company Pitney Bowes.

September 8, 2017