XPO Inc. Reports Mixed Less-Than-Truckload Performance

XPO (XPO) has provided an announcement.

XPO, Inc. has released preliminary performance figures for its North American Less-Than-Truckload business for August 2024, alongside finalized data for July. The July numbers show a slight decrease of 0.8% in weight per day compared to the same period last year, despite a marginal rise in daily shipments. This dip is primarily due to a reduction in the weight per shipment over the year. These metrics provide valuable insights into the company’s operational trends and could influence investor sentiment regarding XPO’s current market position.

For detailed information about XPO stock, go to TipRanks’ Stock Analysis page.