XPO Provides North American LTL Operating Data for November 2024
Portfolio Pulse from
XPO reported a 4.0% decrease in LTL tonnage per day for November 2024 compared to the previous year, with a 4.2% drop in shipments per day and a slight increase in weight per shipment.
December 03, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
XPO's LTL segment saw a 4.0% decrease in tonnage per day in November 2024, with shipments per day down 4.2% and a slight increase in weight per shipment.
The decrease in LTL tonnage per day and shipments per day suggests a potential decline in demand or operational efficiency, which could negatively impact XPO's short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100