other material
confidence high
sentiment negative
materiality 0.60
XPO reports Nov LTL tonnage down 4% YoY; Oct down 8%
XPO, Inc.
- November 2024 preliminary LTL tonnage per day fell 4.0% YoY, with shipments per day -4.2% and weight per shipment +0.2%.
- October 2024 final LTL weight per day decreased 8.0% YoY, as shipments per day dropped 6.5% and weight per shipment fell 1.6%.
- Preliminary November data may change; final metrics reported for October indicate continued year-over-year volume declines.