GXO has announced its strategic intent to significantly grow its share of the warehouse-related logistics market in Germany over the next five years. The German contract logistics market is estimated at $20bn in annual turnover and is expected to grow at a rate of nearly 3.5% through 2023.
Europe President at GXO Richard Cawston stated: “We see enormous potential to grow in Germany and have assembled an experienced team to deliver. As the macro environment and supply chain disruptions create new complexities, we are seeing increased demand for solutions and automation that drive efficiency and productivity, while contributing quickly to our customers’ bottom-line. Our industry-leading technology and custom automated solutions, as well as outstanding service, flexibility, and scalability, especially in omnichannel logistics, make us a logistics partner of choice.”
To lead its growth efforts in Germany, GXO announced it has tapped Heiko Oberländer, a twenty-year industry veteran. Oberländer was previously with DSV, where he was responsible for Global Business Development, focusing on the automotive and electronic verticals. He has also held leadership roles at Panalpina and Rhenus Logistics.
The company plans to leverage its experience and expertise in e-commerce, fashion and grocery to attract new business in Germany.