Reported about 12 hours ago
XPO's tonnage per day in its less-than-truckload unit saw a reduced decline of 4.7% year-over-year in August, improving from an 8.7% drop in July. This shift is attributed to a slight decrease in shipments and weight per shipment. Despite the ongoing soft demand environment, the company maintained its positive margin outlook for the third quarter, expecting no sequential changes in its operating ratio.
Source: YAHOO