Supply-Chain Snags Are Starting to Ease, Warehouse Operator Says
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GXO Logistics Inc., the world’s largest contract logistics provider, is seeing more goods arrive at its facilities -- a signal that the supply-chain snags are beginning to subside.
“We’re through the worst of it. I think we’ve reached the peak,” Chief Executive Officer Malcolm Wilson said in an interview Tuesday, after the recently created company issued its first earnings report. “Hopefully, things will look a bit smoother as we move forward.”