In a statement, GXO said the German contract logistics market is estimated at $20 billion in annual turnover and is expected to grow at a rate of nearly 3.5% through 2023. This, the company says, represents an “exceptional growth opportunity”.
To lead its growth efforts in Germany, GXO announced it had 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.
Commenting on GXO’s plans, Richard Cawston, President of GXO Europe, said:
“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.”
The company added that plans to leverage its experience and expertise in both ecommerce and fashion, as well as its growing success in grocery logistics, to attract new business in Germany.