GXO Logistics (GXO) Launches AI Powered Platform to Enhance Supply Chain Networks

GXO Logistics, Inc. (NYSE:GXO) is one of the 15 successful spin-off companies. On June 26, the company launched GXO IQ, an artificial intelligence-powered platform built for the logistics industry.

GXO Logistics (GXO) Launches AI Powered Platform to Enhance Supply Chain Networks

A warehouse worker unloading a line matrix printer in the background, showing the company’s transportation and logistics capabilities.

The AI-powered platform is designed to help businesses navigate the complexities of global supply chain networks. It deploys industry-leading AI capabilities that orchestrate more productive and dynamic logistics operations.

GXO IQ leverages proprietary AI algorithms to orchestrate complex, multi-step actions across inventory distribution and movement. It is, therefore, tailored to enhance order picking, packing, shipping, and staffing. It also leverages a best-in-class technology stack, including Google Cloud’s Vertex AI and Snowflake Cortex AI.

“We see AI as the central nervous system of the modern supply chain, transforming it from a linear sequence of operations into an intelligent, interconnected ecosystem. GXO IQ is a powerful example of this transformation in action,” said Paula Natoli, Global Director, Head of Supply Chain & Logistics, and Google Cloud.

GXO Logistics, Inc. (NYSE:GXO), formerly the global logistics segment of XPO Logistics, is a worldwide provider of logistics services specializing in contract logistics. It offers technologically advanced supply chain solutions, handling complex logistics challenges for its customers.

While we acknowledge the potential of GXO Logistics, Inc. (NYSE:GXO) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GXO and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks.

Disclosure: None. This article is originally published at Insider Monkey.