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@ Yahoo! Finance - by layer3.news
2025-03-06 10:12:21
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✍️ XPO Logistics' February update showed a decline in volumes, but the pace was less severe than in January, with tonnage down 8.1% year over year.
👉 XPO Logistics' February update showed a decline in volumes, with tonnage down 8.1% year over year.
👉 The pace of decline was less severe than in January, with a more formidable comp in February.
👉 The decline was attributed to a 6.2% decline in shipments and a 2% decline in weight per shipment.
👉 XPO's two-year-stacked comps are improving, and the company is actively changing its freight mix to include more volume from local accounts, which have better margins.
#MarioHarik #Greenwich,Connecticut #U.S. #business
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