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GXO Logistics Posts 34% Surge in Contract Wins as Data Center Demand Accelerates

GXO Logistics reported a sharp acceleration in new business wins during the third quarter, securing $375 million in fresh contracts—a 34% year-over-year jump. This reflects strengthening demand for specialized logistics services. The Connecticut-based provider ended September with a record $3.1 billion sales pipeline, up more than 30% from the prior year. North America emerged as the company's primary growth driver, with regional pipeline activity climbing more than 80% annually. Data center operations drove particular momentum, as technology and consumer electronics revenue jumped 19% during the quarter. The company's strategic focus on aerospace, defense, industrial logistics and life sciences—which represented roughly 40% of new wins through the first nine months of 2026—is yielding larger, more complex contracts. CEO Patrick Kelleher indicated growth momentum should persist into 2027.