Why put more emphasis on B2B verticals like aerospace and defense?
Replied byPatrick Kelleher
CEO, GXO Logistics at GXO Logistics
Niche: Technology, AI, Retail
Revenue: $1M+/month
Location: USA
Started: 2021
About 70% of our GXO business is consumer facing, like e-commerce, omni channel, CPG, and retail. We want diversification by growing B2B verticals: aerospace, defense, life sciences, technology, and industrial. We have strong competencies from M&A and talented teams. These verticals bring more complex solutions and better profitability when executed well.
0
From the Full Interview
This answer is part of a full interview with Patrick Kelleher, CEO, GXO Logistics at GXO Logistics.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Patrick Kelleher's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What is your long-term vision?
By Dave Mondragon
Retail
/mo
How important is industry knowledge to your business?
By Paul Guyett
Retail
$1M+/mo
What role does training play in your company?
By Paul Guyett
Retail
$1M+/mo
How does sustainability influence your decisions?
By Paul Guyett
Retail
$1M+/mo
How do you decide when to adopt new technology?
By Paul Guyett
Retail
$1M+/mo
What challenge are dealership acquisitions solving today?
By Dave Mondragon
Retail
/mo
Why is scale becoming more important for dealers?
By Dave Mondragon
Retail
/mo