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GXO Logistics, Inc. (NYSE: GXO) Partners with Hisense for Logistics Operations in Valencia
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Highlights
GXO Logistics, Inc. (NYSE: GXO) has announced a new strategic partnership with Hisense, a global leader in consumer electronics and home appliances. Under the agreement, GXO will manage logistics operations at Hisense’s new 36,000-square-meter facility located in Albuixech, Valencia. The site will focus on distribution, returns, repacking, and other value-added services such as repalletization.
This partnership enhances GXO's presence in the Mediterranean region, providing Hisense with access to a key location that features direct access to the Mediterranean corridor and a nearby harbor. The facility is capable of handling over 700,000 units per year, marking a significant step in the companies’ collaboration.
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