other material
confidence high
sentiment positive
materiality 0.60
XPO reports November LTL shipments up 3.8% YoY; tonnage down 0.4%; October final data shows 2.5% weight per day gain
XPO, Inc.
- Preliminary November: LTL tonnage per day -0.4% YoY; shipments per day +3.8%; weight per shipment -4.1%.
- Final October: weight per day +2.5% YoY (shipments +6.2%, weight per shipment -3.5%).
- CEO notes eighth consecutive month of YoY shipment growth; yield ex-fuel tracking ahead of Q4 expectations.
- Damage frequency improved to new company record in first two months of Q4.