GXO Logistics Renews Frozen Supply Chain Partnership with Carrefour
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
GXO Logistics announced the renewal of its long-standing partnership with Carrefour for frozen supply chain operations in Belgium and Luxembourg. This agreement renews one of GXO's longest customer relationships in Belgium, a collaboration that has spanned almost 50 years and reaffirms Carrefour's role as a strategic partner for GXO's operations in Zellik.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GXO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GXO
Wall Street analysts forecast GXO stock price to rise
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 51.160
Low
58.00
Averages
66.08
High
80.00
Current: 51.160
Low
58.00
Averages
66.08
High
80.00
About GXO
GXO Logistics, Inc. is a contract logistics provider. The Company provides its customers with value-added warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services to deliver technology-enabled customized solutions. It offers its technology in three areas: labor and inventory management productivity, intelligent warehouse automation and predictive analytics, all of which are integrated through its warehouse management platform. The Company has three reporting units: Americas and Asia-Pacific; United Kingdom; and Ireland and Continental Europe. It operates approximately 1,043 facilities worldwide, totaling 221 million square feet of space, primarily on behalf of large corporations that have outsourced their warehousing, distribution, and other related activities to the Company. Its intelligent warehouse automation includes deployments of autonomous robots and collaborative robots (cobots), automated sortation systems and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GXO Logistics Expands Transport Contract with Co-op for Five Years
- Contract Expansion: GXO Logistics has signed a five-year transport contract with Co-op, marking the continuation of their supply chain partnership into its second decade, which is expected to further solidify their strategic relationship.
- Coverage Scope: The agreement spans GXO's transport operations at Avonmouth, Andover, and Lea Green, supporting deliveries to over 1,000 Co-op UK stores, significantly enhancing the logistics network's coverage.
- Efficiency Improvement: GXO will continue to work closely with Co-op to enhance efficiency, service quality, and resilience across the transport network by integrating best practices and innovative solutions to adapt to market changes.
- Industry Expertise: GXO's extensive experience in fast-moving consumer goods (FMCG) operations will support this collaboration, helping Co-op maintain a competitive edge in a challenging market.
See More
GXO and Co-op Extend Transport Partnership Agreement
- Partnership Renewal: GXO and Co-op's transport partnership has been extended to over 20 years, with a new five-year contract supporting deliveries to more than 1,000 Co-op stores, further solidifying their long-term collaboration in supply chain management.
- Significant Community Contributions: Over the past year, GXO colleagues have contributed more than 1,500 hours of volunteering within the Co-op transport network, actively engaging in local and national charity initiatives, showcasing the company's commitment to community responsibility.
- Operational Efficiency Enhancement: GXO will continue to work closely with Co-op, leveraging its expertise in FMCG to improve the efficiency and service quality of the transport network, thereby enhancing supply chain resilience and responsiveness.
- Strategic Investment Outlook: This contract extension not only reflects the successful collaboration between the two parties but also emphasizes GXO's market positioning in the rapid growth of e-commerce and outsourcing, which is expected to provide strong support for future business expansion and innovation.
See More
GXO Renews Long-Term Frozen Supply Chain Contract with Carrefour
- Contract Renewal: GXO has renewed its nearly 50-year-long cold chain operations contract with Carrefour, further solidifying their partnership in Belgium and Luxembourg, which reflects GXO's stability and customer loyalty in the European market.
- Facility Scale: The new agreement encompasses GXO's 43,720-square-meter frozen logistics facility in Zellik, Belgium, which features a 23,000-square-meter mezzanine design that enhances space efficiency, ensuring operational capacity to meet Carrefour's demands.
- Technology Utilization: The facility employs automated high-bay pallet storage and an automated shuttle system that ensures rapid replenishment and accurate order fulfillment, thereby enhancing overall supply chain efficiency to meet the daily supply needs of over 700 Carrefour stores.
- Future Collaboration: GXO and Carrefour will continue to strengthen their collaboration in innovation, sustainability, and operational excellence, aiming to enhance the efficiency and reliability of the frozen supply chain, thereby solidifying their long-term partnership in the European market.
See More
GXO Logistics Renews Long-Term Partnership with Carrefour for Frozen Supply Chain
- Long-Term Partnership: GXO's collaboration with Carrefour has lasted nearly 50 years, and this renewal agreement further solidifies GXO's market position in Belgium, highlighting Carrefour's role as a key strategic partner for GXO.
- Logistics Facility Scale: GXO's frozen logistics facility in Zellik spans 43,720 square meters, including 23,000 square meters of mezzanine space, supporting Carrefour's end-to-end storage and distribution operations, ensuring efficient supply chain management.
- Enhanced Transportation Capacity: GXO provides Carrefour with a fleet of 40 trucks servicing over 700 stores across Belgium and Luxembourg, leveraging advanced technology to ensure fast replenishment and high service levels, thereby enhancing customer satisfaction.
- Innovation and Sustainability: GXO and Carrefour will continue to collaborate closely to advance innovation and sustainability in the frozen supply chain, reinforcing their competitive edge and operational excellence in the European market.
See More
Investment Comparison: C.H. Robinson vs. GXO Logistics
- C.H. Robinson Financial Overview: In FY 2025, C.H. Robinson reported nearly $16.2 billion in revenue, an 8% decline year-over-year, yet net income reached approximately $587 million, indicating resilience and improved profitability amidst challenges.
- GXO Logistics Growth Potential: GXO Logistics achieved approximately $13.2 billion in revenue for FY 2025, a 12.5% increase, but net income was only $32 million, resulting in a mere 0.2% net margin, highlighting significant operational cost pressures.
- Risk Analysis: C.H. Robinson faces technology and cybersecurity risks, relying on third-party transport providers, which could lead to losses if partners fail; conversely, GXO must navigate integration challenges from rapid growth and rising labor costs.
- Valuation Comparison: C.H. Robinson's forward P/E ratio stands at 31.1x, significantly higher than GXO's 16.5x, reflecting its superior profitability and cash flow generation, despite GXO appearing cheaper based on future earnings and sales estimates.
See More
Investment Comparison: C.H. Robinson vs. GXO Logistics
- Financial Performance Comparison: C.H. Robinson reported approximately $16.2 billion in revenue for FY 2025, an 8% decline year-over-year, yet net income reached $587 million, showcasing strong profitability and cash flow generation, reflecting the advantages of its asset-light model.
- Market Risk Analysis: C.H. Robinson faces significant risks from technology and cybersecurity, as failure to protect its operating systems could lead to customer losses, and its reliance on third-party transportation providers adds additional challenges in a highly competitive market.
- GXO Logistics Growth Potential: GXO Logistics achieved approximately $13.2 billion in revenue for FY 2025, a 12.5% increase, but reported only $32 million in net income, with a net margin of just 0.2%, indicating high operational cost pressures amid rapid expansion.
- Industry Competitive Landscape: GXO Logistics relies on fixed-price contracts, which may hinder its ability to pass costs onto customers, while competing against giants like Amazon in the tech-driven warehousing space, where failure to innovate could jeopardize its market position.
See More
GXO Logistics Expands Transport Contract with Co-op for Five Years
- Contract Expansion: GXO Logistics has signed a five-year transport contract with Co-op, marking the continuation of their supply chain partnership into its second decade, which is expected to further solidify their strategic relationship.
- Coverage Scope: The agreement spans GXO's transport operations at Avonmouth, Andover, and Lea Green, supporting deliveries to over 1,000 Co-op UK stores, significantly enhancing the logistics network's coverage.
- Efficiency Improvement: GXO will continue to work closely with Co-op to enhance efficiency, service quality, and resilience across the transport network by integrating best practices and innovative solutions to adapt to market changes.
- Industry Expertise: GXO's extensive experience in fast-moving consumer goods (FMCG) operations will support this collaboration, helping Co-op maintain a competitive edge in a challenging market.
See More
GXO and Co-op Extend Transport Partnership Agreement
- Partnership Renewal: GXO and Co-op's transport partnership has been extended to over 20 years, with a new five-year contract supporting deliveries to more than 1,000 Co-op stores, further solidifying their long-term collaboration in supply chain management.
- Significant Community Contributions: Over the past year, GXO colleagues have contributed more than 1,500 hours of volunteering within the Co-op transport network, actively engaging in local and national charity initiatives, showcasing the company's commitment to community responsibility.
- Operational Efficiency Enhancement: GXO will continue to work closely with Co-op, leveraging its expertise in FMCG to improve the efficiency and service quality of the transport network, thereby enhancing supply chain resilience and responsiveness.
- Strategic Investment Outlook: This contract extension not only reflects the successful collaboration between the two parties but also emphasizes GXO's market positioning in the rapid growth of e-commerce and outsourcing, which is expected to provide strong support for future business expansion and innovation.
See More
GXO Renews Long-Term Frozen Supply Chain Contract with Carrefour
- Contract Renewal: GXO has renewed its nearly 50-year-long cold chain operations contract with Carrefour, further solidifying their partnership in Belgium and Luxembourg, which reflects GXO's stability and customer loyalty in the European market.
- Facility Scale: The new agreement encompasses GXO's 43,720-square-meter frozen logistics facility in Zellik, Belgium, which features a 23,000-square-meter mezzanine design that enhances space efficiency, ensuring operational capacity to meet Carrefour's demands.
- Technology Utilization: The facility employs automated high-bay pallet storage and an automated shuttle system that ensures rapid replenishment and accurate order fulfillment, thereby enhancing overall supply chain efficiency to meet the daily supply needs of over 700 Carrefour stores.
- Future Collaboration: GXO and Carrefour will continue to strengthen their collaboration in innovation, sustainability, and operational excellence, aiming to enhance the efficiency and reliability of the frozen supply chain, thereby solidifying their long-term partnership in the European market.
See More
GXO Logistics Renews Long-Term Partnership with Carrefour for Frozen Supply Chain
- Long-Term Partnership: GXO's collaboration with Carrefour has lasted nearly 50 years, and this renewal agreement further solidifies GXO's market position in Belgium, highlighting Carrefour's role as a key strategic partner for GXO.
- Logistics Facility Scale: GXO's frozen logistics facility in Zellik spans 43,720 square meters, including 23,000 square meters of mezzanine space, supporting Carrefour's end-to-end storage and distribution operations, ensuring efficient supply chain management.
- Enhanced Transportation Capacity: GXO provides Carrefour with a fleet of 40 trucks servicing over 700 stores across Belgium and Luxembourg, leveraging advanced technology to ensure fast replenishment and high service levels, thereby enhancing customer satisfaction.
- Innovation and Sustainability: GXO and Carrefour will continue to collaborate closely to advance innovation and sustainability in the frozen supply chain, reinforcing their competitive edge and operational excellence in the European market.
See More
Investment Comparison: C.H. Robinson vs. GXO Logistics
- C.H. Robinson Financial Overview: In FY 2025, C.H. Robinson reported nearly $16.2 billion in revenue, an 8% decline year-over-year, yet net income reached approximately $587 million, indicating resilience and improved profitability amidst challenges.
- GXO Logistics Growth Potential: GXO Logistics achieved approximately $13.2 billion in revenue for FY 2025, a 12.5% increase, but net income was only $32 million, resulting in a mere 0.2% net margin, highlighting significant operational cost pressures.
- Risk Analysis: C.H. Robinson faces technology and cybersecurity risks, relying on third-party transport providers, which could lead to losses if partners fail; conversely, GXO must navigate integration challenges from rapid growth and rising labor costs.
- Valuation Comparison: C.H. Robinson's forward P/E ratio stands at 31.1x, significantly higher than GXO's 16.5x, reflecting its superior profitability and cash flow generation, despite GXO appearing cheaper based on future earnings and sales estimates.
See More
Investment Comparison: C.H. Robinson vs. GXO Logistics
- Financial Performance Comparison: C.H. Robinson reported approximately $16.2 billion in revenue for FY 2025, an 8% decline year-over-year, yet net income reached $587 million, showcasing strong profitability and cash flow generation, reflecting the advantages of its asset-light model.
- Market Risk Analysis: C.H. Robinson faces significant risks from technology and cybersecurity, as failure to protect its operating systems could lead to customer losses, and its reliance on third-party transportation providers adds additional challenges in a highly competitive market.
- GXO Logistics Growth Potential: GXO Logistics achieved approximately $13.2 billion in revenue for FY 2025, a 12.5% increase, but reported only $32 million in net income, with a net margin of just 0.2%, indicating high operational cost pressures amid rapid expansion.
- Industry Competitive Landscape: GXO Logistics relies on fixed-price contracts, which may hinder its ability to pass costs onto customers, while competing against giants like Amazon in the tech-driven warehousing space, where failure to innovate could jeopardize its market position.
See More
