GXO Signs Multi-Year Agreement with Kellogg to Expand Pan-European Partnership Across Five Countries
Portfolio Pulse from Benzinga Newsdesk
GXO Logistics has signed a multi-year agreement to extend and expand its partnership with Kellogg across five European countries, including a new facility in Belgium.
May 23, 2023 | 8:08 am
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POSITIVE IMPACT
GXO Logistics extends its partnership with Kellogg, expanding its presence in Europe and potentially increasing revenues.
The extended partnership with Kellogg will likely lead to increased revenues for GXO Logistics as it expands its presence in Europe. The new facility in Belgium and the expansion in other countries will contribute to the company's growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Kellogg expands its partnership with GXO Logistics, potentially improving its supply chain efficiency in Europe.
The expanded partnership with GXO Logistics will likely improve Kellogg's supply chain efficiency in Europe. The new facility in Belgium and the expansion in other countries will help Kellogg streamline its logistics operations and potentially reduce costs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100