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GXO opens new strategic logistics hub in Malaysia to boost Asia Pacific growth

Company Fundamentals
27 Oct 2026, 14:00 WIB
GlobeNewsWire
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Bullish
GXO opens new strategic logistics hub in Malaysia to boost Asia Pacific growth

GXO Logistics has opened a new advanced logistics hub in Medini, Malaysia, within the Johor-Singapore Special Economic Zone. This facility enhances GXO's presence in Asia Pacific, offering benefits like Free Trade Zone advantages and direct access to key manufacturing centers, ports, and airports. It aims to improve supply chain resilience and reduce costs for customers, especially in technology and advanced industrial sectors. GXO plans to explore new warehouse technologies at this site to further improve supply chain visibility and customer collaboration.

GXO Logistics shares are stable at USD 49.31 on Pluang as of Oct 27, 2026 18:11 WIB. The stock's market cap stands at $5.66 billion, reflecting its significant presence in the industrials sector. Trading volume reached 1,111,627, indicating active investor interest in the company during this period.

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