XPO Inc.
XPO Reports Preliminary November 2024 LTL Segment Operating Metrics
Summary
On December 3, 2024, XPO, Inc. issued a press release providing preliminary operating metrics for its North American Less-Than-Truckload (LTL) segment for November 2024. The press release, attached as Exhibit 99.1, states that LTL tonnage per day decreased by 4.0% compared to November 2023, due to a 4.2% decrease in shipments per day and a 0.2% increase in weight per shipment. XPO also provided final operating metrics for October 2024, showing an 8.0% decrease in weight per day compared to October 2023, attributable to a 6.5% decrease in shipments per day and a 1.6% decrease in weight per shipment.
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Exhibits (1)
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About XPO Inc.
XPO Inc. is a leading global provider of supply chain and transportation solutions, primarily focusing on freight brokerage and less-than-truckload (LTL) services. The company plays a crucial role in optimizing logistics operations by enabling efficient movement of goods through its vast network. Known for its advanced technology platforms, XPO Inc. provides innovative solutions that enhance visibility, performance, and cost-effectiveness for its clients across diverse industries such as e-commerce, manufacturing, retail, automotive, and consumer goods. With a strong emphasis on digital innovation, XPO Inc. employs cutting-edge software and analytics to streamline processes, improve customer experiences, and offer scalable logistics solutions. The company's deep integration with various sectors underscores its market importance, positioning it as a pivotal player in the global supply chain landscape. Headquartered in Greenwich, Connecticut, XPO is committed to sustainability and operational excellence, continuously adapting to the evolving demands of global trade and commerce.
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