GXO Logistics, Inc., a global contract logistics company headquartered in Connecticut, has announced an expanded partnership with Castore, a sportswear brand renowned for its performance-oriented designs. This collaboration will enhance warehousing and transportation operations across the UK, US, and Europe.
Since April 2024, GXO has been providing logistics solutions for Castore in the UK, focusing on distributing teamwear to various sports teams and athletes. Following the success of their UK operations, Castore is now extending this partnership with GXO to leverage its global capabilities, starting with logistics management in the Netherlands and planning further expansion into the U.S.
In the UK, GXO and Castore demonstrated effective collaboration by rapidly deploying a warehouse management system, just eight weeks after signing their contract, to streamline operations.
GXO offers Castore a comprehensive suite of services, including returns management, coordination with couriers, product personalization, and enhancing relationships with Castore's brand partners to ensure seamless product distribution.
Currently, GXO shares are trading at $44.06, reflecting a 2% decrease, on the New York Stock Exchange.
