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The UK Investor Magazine Podcast is joined by the Chief Investment Officer of GXO, a company spun-out from XPO Logistics.
GXO is set to list on the NYSE in the third quarter 2021 and drive forward with the Contract Logistics division of the business.
Having investment heavily in technology for years, GXO accounted for 38% of overall XPO Logistics revenue in 2020 and will be a logistics power house in it's own right on completion of the spin-out.
Mark Manduca discusses the drive behind the spin-out as well as the adoption of automation and robotics within logistics.
GXO are heavily focused on ecommerce and the requirement to provide efficiencies to their clients has pushed GXO to innovate their processes through automation.
XPO Logistics in conjunction with Nestle built the UK's first fully digital warehouse harnessing robotics and automation.
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