GXO is welcoming the competition from Amazon as the e-commerce giant directly takes on the logistics industry. The contract logistics provider raised its full-year adjusted earnings guidance upon releasing its first quarter earnings report, which saw organic revenue growth increase 4.1 percent and overall revenue jump 10.8 percent to $3.3 billion. Amazon recently unveiled that it is opening its end-to-end supply chain services to all businesses rather than just its own third-party sellers. This includes its portfolio of fulfillment, parcel delivery, warehousing and cross-border logistics capabilities. Monday’s announcement sent logistics stocks in a tailspin, with GXO shares plummeting more than 17 percent during the day. But GXO CEO Patrick Kelleher considered Amazon’s move to be validation for the wider contract logistics industry, which he said is currently a $500 billion market.…