GXO Logistics stock plunged 18% after Amazon announced its new supply chain services business, but CEO Patrick Kelleher dismissed the threat, arguing that GXO's customized, specialized logistics solutions serve a different market than Amazon's pre-existing infrastructure offering. GXO reported strong Q1 earnings with 10.8% revenue growth and raised full-year guidance, with the CEO believing the stock sell-off presents a buying opportunity.

U.S. stocks fell Monday as an Iranian drone strike on a UAE oil facility sent Brent crude above $114 a barrel, raising inflation concerns and expectations of a potential Fed rate hike by March 2027. The S&P 500 dropped 0.5%, the Dow fell 1.0%, and the Nasdaq 100 declined 0.7%. Energy stocks rallied while transportation, logistics, and rate-sensitive sectors suffered significant losses. Defense stocks gained on Pentagon spending narratives, while software and crypto-related equities found strength.

Amazon's launch of Amazon Supply Chain Services (ASCS) caused GXO Logistics shares to drop nearly 13% as the company now offers freight, distribution, fulfillment, and parcel shipping to enterprise customers—a market segment GXO traditionally serves. While Amazon's move threatens GXO's business outlook, the company's more complex contract logistics offerings may be less impacted, and the announcement could raise awareness about logistics outsourcing opportunities.

GXO Logistics announced the renewal and expansion of its partnership with Electro Dépôt, a leading European retailer. The agreement includes expansion of the Fos-sur-Mer distribution center to 55,000 square meters and launch of a new 24,000-square-meter facility in Port-Saint-Louis-du-Rhône. Both sites will feature advanced automation, inventory drones, robotic systems, and renewable energy installations including solar panels and EV charging stations.

GXO Logistics announced that Ajit Kara, an industry veteran with over 25 years of experience in supply chain transformation and account management, has joined as Senior Vice President of Account Management. In this newly created role, Kara will lead the Account Management organization to drive scalable growth and strengthen long-term client partnerships, reporting to Chief Commercial Officer Karen Bomber.

GXO Logistics announced the opening of a new distribution center in Mississauga, Ontario in partnership with Pandora. The facility features advanced technology solutions including lighted picking systems and video capture for high-value shipments, supporting Pandora's omnichannel growth across North America. The expansion strengthens GXO's operational network and deepens its long-standing partnership with Pandora, which now spans distribution centers across the U.S., UK, and Continental Europe.

GXO Logistics has been selected by NHS England as the managed service provider for the national Faecal Immunochemical Test (FIT) home testing kits distribution for bowel cancer screening across England. The partnership with MAST and RDi aligns with NHS's 10 Year Health Plan to shift care to community settings and improve preventive screening accessibility.

Four global leaders—Amentum, GXO Logistics, Accenture, and A.P. Moller-Maersk—have formed the Torus Defence Supply Chain alliance to provide resilient and integrated supply chain solutions for the UK defence sector. The alliance aims to enhance sovereign capability, readiness, and data exploitation while leveraging combined expertise in military logistics, digital transformation, and global supply chain management.

GXO Logistics, the world's largest pure-play contract logistics provider, announced the appointment of Mark Suchinski as Chief Financial Officer effective April 1, 2026. Suchinski brings over three decades of finance and supply chain experience, including significant expertise in aerospace and defense. CEO Patrick Kelleher stated the appointment completes the leadership team strengthened since his arrival in August 2025, positioning the company for faster growth and higher margins.

Cooper Creek Partners Management sold $79.78 million worth of O-I Glass shares (6 million shares) in Q4, reducing its stake to 4 million shares. Despite the fund's reduction, O-I Glass shares are up 17% over the past year. The company is executing a multi-year margin rebuild with improving fundamentals, including expanding margins, doubled adjusted earnings, and positive free cash flow generation in 2025.

GXO Logistics has been selected by BMW Group to manage warehouse operations at its Swindon manufacturing plant in the UK. The partnership will optimize BMW's supply chain for car parts production, supporting MINI and BMW vehicle assembly. GXO will implement smart logistics solutions, upgrade technology, and optimize plant layout at the 425,000 square metre facility employing over 500 colleagues.

GXO Logistics has renewed and expanded its six-year contract with BAE Systems to provide warehousing, materials handling, and logistics solutions at BAE Systems' shipyards in Glasgow, Scotland. The partnership, now entering its third decade, will support the development of Type 26 frigates for the Royal Navy and represents GXO's first major defence contract following its acquisition of Wincanton.