other material
confidence high
sentiment neutral
materiality 0.50
XPO reports February LTL tonnage per day down 8.1% YoY; shipments per day down 6.2%
XPO, Inc.
- LTL tonnage per day fell 8.1% year-over-year; shipments per day down 6.2%, weight per shipment down 2.0%.
- CEO Mario Harik said February volume outperformed seasonal trends relative to January and aligned with QTD expectations.
- Company sees favorable pricing environment and expects sequential pricing growth through 2025 to support margin outlook.
- Preliminary results subject to revision; actual results may vary from reported metrics.