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GXO expands logistics partnership with Action, opening third French distribution center to support 1,000 jobs and 290 stores.

Market News
15 Oct 2026
GlobeNewsWire
View Source
Bullish
GXO expands logistics partnership with Action, opening third French distribution center to support 1,000 jobs and 290 stores.

GXO Logistics has opened a third distribution center for European retailer Action in Onnaing, northern France, covering 80,000 square meters. This facility will support up to 1,000 jobs by 2028 and serve as many as 290 stores across France and Belgium, enhancing Action's supply chain capacity and flexibility. The center is designed for sustainability with a BREEAM Outstanding certification target and focuses on employee well-being. This expansion strengthens GXO's role as a key logistics partner for Action's growth in Europe.

GXO Logistics trades at USD 45.88 on Pluang as of Oct 15, 2026 18:41 WIB, showing a slight 0.02% increase in one day. The stock's market cap is $5.26 billion, reflecting its significant industrial sector presence. This expansion news aligns with GXO's stable trading performance and market value.

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