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GXO expands operations in Germany

20:00

GXO expands operations in Germany
Source: GXO Logistics

The world's largest contract logistics operator, GXO Logistics, today announced a strategic decision to significantly increase its share of the warehouse logistics market in Germany over the next five years. The German contract logistics market is estimated at $20 billion in annual turnover. It is expected to grow nearly 3.5 percent through 2023, presenting a unique growth opportunity for GXO.

"We see tremendous growth potential in Germany, which is why we have put together an experienced team…

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