GXO Logistics (GXO) increases by 12% with new CEO welcome
GXO Logistics, Inc. (NYSE: GXO) is one of them 10 shares closed trading week surge, Wall Street range.
GXO Logistics saw its share price rise 12.13% to $47.97 as investors sentiment was boosted by appointing Patrick Kelleher as the new CEO.
On August 19, 2025, Keleher was GXO Logistics, Inc. He is tasked with taking on the best role in (NYSE: GXO) and leading and managing the overall direction and success of the company.
Kelleher has 33 years of experience in global supply chains, strategic leadership and operational excellence, and has held a senior executive role in the DHL supply chain.
Most recently he served as CEO of North America, where he oversaw significant growth and operational improvements across the business.
The truck fleet leaving the depot with consumer goods represents the logistics service of the company.
“Patrick is a world-class operator with a related experience that will lead GXO through the next stage of growth. His track record and deep expertise in engineered solutions, automation and cutting-edge contract logistics qualifies him to increase the value of his clients and shareholders.
While acknowledging the potential of GXO as an investment, our conviction lies in the belief that some AI stocks hold a greater promise to offer higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. Best Short-Term AI Stocks.
Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.
Disclosure: None. This article was originally published Insider Monkey.