How big is the contract logistics opportunity you see today?
Replied byPatrick Kelleher
CEO, GXO Logistics at GXO Logistics
Niche: Technology, AI, Retail
Revenue: $1M+/month
Location: USA
Started: 2021
Contract logistics is still a massive industry, around a 500 billion total addressable market, and it is fragmented globally. It keeps growing. GXO going public as a pure play helped define the market and created awareness of the industry potential. That is part of why the runway is attractive for a focused operator.
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