GXO Expands In Europe With Hisense Deal To Handle 700K Units A Year From New Logistics Hub

GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, announced today a new strategic partnership with Hisense, a global leader in technology, televisions, home appliances and HVAC equipment. GXO will be responsible for managing Hisense's logistics operations at a new 36,000-square-meter site in Albuixech, Valencia. Operations will include distribution, returns and repacking as well as value-added services such as repalletization.

‘We are very proud of this new strategic partnership with Hisense, a company that shares our values of innovation and excellence," said Rui Marques, Managing Director of GXO in Spain and Portugal. "Our ability to address supply chain challenges such as peak demand, as well as operate an environmentally sustainable facility, are key to enabling increased customer satisfaction for Hisense."

The facility is strategically located, with access to the Mediterranean corridor and a harbor, with capacity to distribute more than 700,000 units per year, strengthening GXO's footprint in the Mediterranean area. Thanks to GXO's expertise, the rapid implementation and peak fulfillment were conducted in parallel at the new site.