E-Commerce & Retail

XPO's August metrics align with Q3 guidance

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Less-than-truckload carrier XPO reported a 3.7% year-over-year increase in tonnage for August, aligning with its third-quarter guidance of mid-single-digit growth. This performance indicates continued seasonal outperformance and suggests positive trends in the freight industry, providing valuable insights into LTL market conditions.

This development is crucial as it offers rare public data on a subsegment of trucking where metrics are scarce, aiding developers and tech professionals in understanding broader supply chain dynamics.

Read the full article at FreightWaves

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