GXO Inks Strategic Partnership With Matalan To Handle Over 550 Weekly Deliveries Across UK And Ireland
Portfolio Pulse from Benzinga Newsdesk
GXO Logistics has entered a strategic partnership with Matalan to manage over 550 weekly deliveries to more than 200 Matalan stores across the UK and Ireland. This partnership aims to optimize Matalan's transport network and enhance supply chain efficiency.
October 16, 2024 | 7:09 am
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GXO Logistics has partnered with Matalan to manage over 550 weekly deliveries, enhancing Matalan's supply chain efficiency.
The partnership with Matalan is likely to positively impact GXO's stock as it expands its logistics operations and strengthens its market position in the UK and Ireland. This strategic move could lead to increased revenues and improved operational efficiency for GXO.
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