LTL Tonnage Up 5% in July as Manufacturing Hits Four-Year High
Four major LTL carriers beat seasonal volume trends by 250 to 400 basis points in July. Manufacturing PMI at 55.6, highest since May 2022, signals more…
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XPO May Tonnage Up 0.5%, Carrier on Track to Beat Q2 Forecast
Daily shipments rose 3.3% year-over-year in May as XPO's push into small-business freight lifts volume ahead of guidance.
XPO Q1 Operating Ratio Hits 83.9%, What the Margin Gain Means for Fleet
XPO's North American LTL adjusted OR improved 200 basis points year over year to 83.9 as total revenue climbed 7.3% to $2.1 billion. Leaner costs and network…
XPO Targets Sub-80% Operating Ratio as Q1 Margin Beats Forecast
Greenwich LTL carrier posts adjusted EPS 13 cents above consensus on leaner cost structure and premium-service uptake. Execs say improving demand could push OR…
XPO Q1 LTL Tonnage and Yield Climb, What the Fleet Numbers Show
XPO's LTL unit posted a 5% revenue gain in Q1 on slight tonnage growth and 4% yield increase ex-fuel. The carrier beat consensus on EPS and revenue as it added…