GXO’s on the upswing — could mean more work at the docks and warehouses near you 🚚📦
GXO Logistics reported revenue and earnings growth in Q3 — the first quarter under new CEO Patrick Kelleher. That’s the kind of news that matters off the clock as much as on it: more business at a big 3PL usually ripples into more headcount, more warehouse moves and more demand for haul capacity.
Here’s what truckers should watch for and how it might hit your day-to-day:
- 📦 More volume at GXO-run warehouses — could mean extra lanes and more pickup/drop opportunities depending on your region.
- 🚚 Increased need for regional and dedicated capacity — if GXO wins more clients, carriers that work those contracts may see steadier weekly miles.
- 💰 Potential for better backhauls and contract work — steady 3PL business often leads to dedicated contracts and more predictable pay for drivers who land them.
- ⏱️ Watch detention and turn times — more activity can also mean longer windows at docks; negotiate accessorials and detention rates if you’re working GXO lanes.
- 🔍 Keep an eye on local markets — growth at a national 3PL can tighten capacity in hot metro areas, which can bump rates or force longer deadhead miles.
If you run docks that touch GXO freight or hunt dedicated runs, this is a heads-up: increased volume can be opportunity or headache depending on how well the terminal handles it. Keep your rates sharp, watch for shifting lanes, and don’t let detention slide without pay.
Know someone running GXO lanes? Share this with them and swap notes — if their terminals pick up steam, you’ll want the scoop.
Share your take. Know this before your next haul. 🚛
#Truckers #Freight #Logistics #GXO