GXO Logistics (NYSE: GXO) is trading higher on Tuesday, May 5, 2026, extending a rebound after a steep sector-wide selloff tied to Amazon’s launch of Amazon Supply Chain Services. With GXO scheduled to release first-quarter 2026 results after the market close today and host its earnings call on Wednesday morning, positioning and dip-buying appear to be driving the upside move into the print.

On May 4, logistics-related names were hit after Amazon rolled out a program that opens parts of its logistics network to outside businesses, expanding the competitive set for outsourced logistics, fulfillment, and shipping. The announcement pressured GXO particularly hard because its core business is contract logistics for large enterprise customers—exactly the kind of accounts that could evaluate a broader Amazon offering.

The immediate catalyst is GXO’s Q1 2026 earnings release after the close on May 5, followed by the May 6 earnings call. Key swing factors for the next trading session include management commentary on pricing pressure, pipeline durability, customer retention, and whether the company’s automation/complex-operations positioning can insulate it from a more standardized competing offering. Any guidance update or quantified impact discussion around Amazon-driven competition could move the stock sharply.