XPO reports LTL tonnage per day down 0.8% in July and down 4.6% in August 2024

XPO, Inc.

August 2024 preliminary LTL tonnage per day decreased 4.6% YoY; shipments per day down 4.5%.
July 2024 final LTL metrics: weight per day down 0.8% YoY; shipments per day up 0.1%.
CEO cites effective variable cost management and constructive pricing; expects margin expansion.
Preliminary August results may vary; company plans to report final metrics later.

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