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XPO Reports August LTL Tonnage Per Day Decrease Of 4.6% Y/Y

Author: Benzinga Newsdesk | September 04, 2024 04:48pm

LTL tonnage per day decreased 4.6%, as compared with August 2023, attributable to a year-over-year decrease of 4.5% in shipments per day and a decrease of 0.1% in weight per shipment.

Mario Harik, chief executive officer of XPO, said, "In August, we managed our variable costs effectively in a soft demand environment, supporting our outlook for margin expansion.

Posted In: XPO


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