Mark Manduca, GXO

Mark Manduca, GXO

07022023 DT - Mark Manduca

7 February 2023
Under the Radar: Conversation with the world’s largest contract logistics provider on business strategy, tripling adjusted EBITDA by FY2027, Trends in the supply chain and logistics sector
Supply chain snarls and high inflation have weighed on economies around the world for much of the past year, especially with China sticking to its strict zero-COVID strategy.
But how have things changed as China reopens for business in 2023 and the country puts the Lunar New Year holiday behind it? What are the key trends within the logistics and supply chain industry and how are players grappling with high inflation?
Today we speak with the world’s largest contract logistics provider, GXO Logistics to find out how they view the supply chain landscape, as well as their business strategy ahead.
The company also recently held its Investor Day conference not too long ago, where it expects to triple its adjusted EBITDA or earnings before interests, taxes, depreciation and amortisation, between 2021 and 2027. But what will the company need to do to achieve this?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mark Manduca, Chief Investment Officer at GXO for more.

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