XPO reports May 2024 LTL tonnage per day up 2.4% YoY; shipments per day up 3.8%

XPO, Inc.

LTL tonnage per day increased 2.4% YoY; shipments per day up 3.8%, weight per shipment down 1.4%.
CEO cites 14th consecutive month of positive YoY shipment growth, driven by service quality improvements.
Preliminary Q2 yield ex-fuel tracking to sequential improvement from Q1, per management.
No change in final April 2024 operating metrics versus preliminary metrics reported in Q1 10-Q.

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