NYSE
45 days, 9 hours ago 
XPO
Xpo, INC
8-K: XPO Reports Declining North American LTL Operating Metrics for April and May 2025
XPO, Inc. disclosed preliminary and final operating metrics for its North American Less-Than-Truckload segment for May and April 2025, respectively, showing year-over-year decreases across key volume indicators.
Worse than expected
 
NYSE
64 days, 8 hours ago 
XPO
Xpo, INC
8-K: XPO, Inc. Holds 2025 Annual Meeting, Elects Directors and Ratifies KPMG Appointment
XPO, Inc. successfully held its 2025 annual meeting, where stockholders elected directors, ratified the appointment of KPMG as the independent auditor, and approved executive compensation.
NYSE
67 days, 9 hours ago 
XPO
Xpo, INC
SCHEDULE 13G/A: Capital World Investors Discloses Significant 8.3% Stake in XPO, Inc.
Capital World Investors has filed an amended Schedule 13G, revealing a beneficial ownership of 8.3% of XPO, Inc.'s common stock as of March 31, 2025.
NYSE
80 days, 9 hours ago 
XPO
Xpo, INC
10-Q: XPO Inc. Reports Q1 2025 Results: Revenue Declines Slightly, Focus Remains on LTL Growth and Efficiency
XPO Inc.'s Q1 2025 results show a slight revenue decrease, but the company is focused on strategic initiatives, particularly in North American LTL and European Transportation segments.
Worse than expected
 
NYSE
80 days, 18 hours ago 
XPO
Xpo, INC
8-K: XPO Inc. Reports Q1 2025 Results, Highlights LTL Growth Strategy
XPO Inc. released its Q1 2025 results, showcasing improvements in operating income and progress in its North American LTL business.
NYSE
80 days, 18 hours ago 
XPO
Xpo, INC
8-K: XPO Reports Mixed First Quarter 2025 Results: EPS Up, Revenue and Adjusted EBITDA Down
XPO Inc. announced its Q1 2025 financial results, revealing a slight increase in diluted earnings per share but a decrease in revenue and adjusted EBITDA compared to the same period last year.
Worse than expected
 
NYSE
88 days, 8 hours ago 
XPO
Xpo, INC
Form 4: XPO Inc. Chief Operating Officer David J. Bates Reports Stock Transactions
David J. Bates, Chief Operating Officer of XPO Inc., reports the acquisition and disposal of common stock and restricted stock units on April 21, 2025.
NYSE
108 days, 5 hours ago 
XPO
Xpo, INC
DEFA14A: XPO, Inc. Sets Date for 2025 Annual Shareholder Meeting
XPO, Inc. will hold its annual shareholder meeting on May 15, 2025, to vote on key proposals including the election of directors, ratification of the auditor, and executive compensation.
NYSE
108 days, 5 hours ago 
XPO
Xpo, INC
DEFA14A: XPO, Inc. Sets Date for 2025 Annual Stockholders Meeting
XPO, Inc. announces its 2025 Annual Meeting of Stockholders to be held virtually on May 15, 2025, with key proposals including the election of directors, ratification of KPMG as the independent auditor, and an advisory vote on executive compensation.
NYSE
108 days, 5 hours ago 
XPO
Xpo, INC
DEF 14A: XPO Inc. Announces 2025 Annual Meeting of Stockholders, Outlines Executive Compensation and Governance
XPO Inc. will hold its 2025 Annual Meeting of Stockholders on May 15, 2025, covering director elections, auditor ratification, and executive compensation.
Better than expected
 
XPO 
Xpo, INC 
NYSE

8-K: XPO Reports Declining North American LTL Operating Metrics for April and May 2025

Sentiment:
 Operating Metrics Update
 4 June 2025 4:05 PM

XPO, Inc. disclosed preliminary and final operating metrics for its North American Less-Than-Truckload segment for May and April 2025, respectively, showing year-over-year decreases across key volume indicators.

Worse than expected
  All reported key operating metrics for both April and May 2025 showed year-over-year decreases, indicating a decline in freight volume and activity for the North American LTL segment. 

Summary
  • XPO, Inc. (NYSE: XPO) released preliminary operating metrics for its North American Less-Than-Truckload (LTL) segment for May 2025.
  • The company also provided final operating metrics for its North American LTL segment for April 2025.
  • For April 2025, weight per day decreased by 5.5% compared to April 2024.
  • This April decrease was attributed to a 4.1% year-over-year decrease in shipments per day and a 1.4% decrease in weight per shipment.
  • For May 2025, preliminary LTL tonnage per day decreased by 5.7% compared to May 2024.
  • The May decrease was due to a 5.0% year-over-year decrease in shipments per day and a 0.7% decrease in weight per shipment.
Sentiment

Score: 3

Explanation: The sentiment is negative due to consistent year-over-year declines across all reported key operating metrics (weight per day, shipments per day, tonnage per day, and weight per shipment) for both April and May 2025, indicating a contraction in business volume.

Negatives
  • North American LTL weight per day decreased 5.5% in April 2025 compared to April 2024.
  • North American LTL shipments per day decreased 4.1% in April 2025 compared to April 2024.
  • North American LTL weight per shipment decreased 1.4% in April 2025 compared to April 2024.
  • Preliminary North American LTL tonnage per day decreased 5.7% in May 2025 compared to May 2024.
  • Preliminary North American LTL shipments per day decreased 5.0% in May 2025 compared to May 2024.
  • Preliminary North American LTL weight per shipment decreased 0.7% in May 2025 compared to May 2024.
Risks
  • Effects of business, economic, political, legal, and regulatory impacts or conflicts upon operations.
  • Supply chain disruptions and shortages, strains on production or extraction of raw materials, cost inflation, and labor and equipment shortages.
  • Ability to align investments in capital assets, including equipment, service centers, and warehouses, to customer demands.
  • Ability to implement cost and revenue initiatives and realize growth and expansion.
  • Effectiveness of the action plan and other management actions to improve the North American LTL business.
  • Ability to continue insourcing linehaul in ways that enhance network efficiency and productivity.
  • Anticipated impact of a freight market recovery on the business.
  • Ability to benefit from a sale, spin-off, or other divestiture of business units or to successfully integrate and realize anticipated synergies, cost savings, and profit opportunities from acquired companies.
  • Goodwill impairment.
  • Issues related to compliance with data protection laws, competition laws, and intellectual property laws.
  • Fluctuations in currency exchange rates, fuel prices, and fuel surcharges.
  • Ability to develop and implement proprietary technology and suitable information technology systems.
  • Impact of potential cyber-attacks and information technology or data security breaches or failures.
  • Ability to repurchase shares on favorable terms.
  • Indebtedness and ability to raise debt and equity capital.
  • Fluctuations in interest rates.
  • Seasonal fluctuations.
  • Ability to maintain positive relationships with the network of third-party transportation providers.
  • Ability to attract and retain management talent and key employees, including qualified drivers.
  • Labor matters and litigation.
  • Competition.
  • Ability to deliver pricing growth driven by service quality.
Future Outlook

The company's forward-looking statements indicate that actual results for May 2025 may vary from the preliminary results reported. They also caution that operating results for May 2025 are not necessarily indicative of results for future periods. The company is focused on initiatives to improve its North American LTL business and anticipates potential benefits from a freight market recovery.

Industry Context

XPO is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The reported declines in tonnage and shipments per day suggest a challenging freight market environment, potentially reflecting broader economic slowdowns or shifts in demand within the LTL sector. These metrics are key indicators of freight volume and pricing power within the industry.

Comparison to Industry Standards
  • The document does not provide specific comparable companies, projects, or results to assess XPO's performance against global benchmarks or industry standards. The reported metrics are internal year-over-year comparisons for XPO's North American LTL segment only.
Stakeholder Impact
  • Shareholders: The decline in operating metrics could negatively impact revenue and profitability, potentially leading to a decrease in share price.
  • Employees: Reduced freight volumes might impact workload or future hiring plans, particularly for drivers and operational staff.
  • Customers: While current demand is down, sustained declines could affect service levels or capacity in the long term if the company adjusts operations.
  • Creditors: Sustained declines in operating performance could impact the company's ability to service debt, though this document does not provide sufficient detail to assess this directly.
Next Steps
  • The company will continue to implement its action plan and other management actions to improve its North American LTL business.
  • The company will continue efforts to insource linehaul to enhance network efficiency and productivity.
Key Dates
  • 2024-04-01: Comparison period for April 2025 operating metrics.
  • 2024-05-01: Comparison period for May 2025 preliminary operating metrics.
  • 2025-04-01: Month for which final North American LTL operating metrics were provided.
  • 2025-05-01: Month for which preliminary North American LTL operating metrics were provided.
  • 2025-06-04: Date of the 8-K report and press release issuance.
Keywords
XPO, LTL, Less-Than-Truckload, Freight Transportation, Operating Metrics, Tonnage, Shipments, Supply Chain, Logistics, SEC Filing
XPO 
Xpo, INC 
NYSE
Sector: Industrials
 
Filings with Classifications
Worse than expected
4 June 2025 4:05 PM
Operating Metrics Update
  • All reported key operating metrics for both April and May 2025 showed year-over-year decreases, indicating a decline in freight volume and activity for the North American LTL segment.
Worse than expected
30 April 2025 4:06 PM
Quarterly Report (Form 10-Q)
  • Revenue decreased by 3.2% year-over-year, indicating a weaker performance compared to the previous year.
  • North American LTL revenue declined by 4.0%, with a decrease in volume (pounds per day) by 7.5%.
Worse than expected
30 April 2025 6:45 AM
Earnings Release
  • The company's revenue and adjusted EBITDA decreased compared to the same period last year.
Better than expected
2 April 2025 8:12 PM
Proxy Statement
  • The company's 2024 financial results outpaced expectations, with significant growth in operating income, net income, and adjusted EBITDA.
  • XPO's LTL segment revenue and profitability improved, with the adjusted operating ratio exceeding the target range.
  • The company achieved all-time-high employee engagement and a 50% increase in total shareholder return, outperforming the transportation sector and the broader market.
Worse than expected
4 March 2025 4:05 PM
Press Release
  • The document contains worse than expected results because LTL tonnage per day decreased by 8.1% compared to February 2024.
Better than expected
7 February 2025 6:47 AM
Annual Results
  • The company's operating income increased significantly compared to the previous year.
  • The North American LTL segment saw strong yield growth.
  • The company reduced outsourced linehaul miles, improving cost efficiency.
Better than expected
6 February 2025 6:49 AM
Investor Presentation
  • The company's operating income increased by 24% year-over-year, indicating better than expected performance.
  • The company's adjusted EBITDA increased by 15% year-over-year, indicating better than expected performance.
  • The company's adjusted diluted EPS increased by 16% year-over-year, indicating better than expected performance.
Better than expected
6 February 2025 6:47 AM
Earnings Release
  • XPO's full year adjusted EBITDA increased by 27% compared to the prior year.
  • Adjusted diluted EPS for the full year increased by 31% compared to the prior year.
  • North American LTL business saw adjusted operating income growth of 27% for the full year.
  • The adjusted operating ratio in North American LTL improved by 260 basis points for the full year.
Worse than expected
3 December 2024 4:05 PM
Operating Metrics Update
  • The document reports a decrease in LTL tonnage per day and shipments per day for both November and October, indicating worse performance compared to the previous year.
Better than expected
30 October 2024 4:05 PM
Quarterly Report
  • The company's net income and operating income showed significant year-over-year improvements.
  • The North American LTL segment's Adjusted EBITDA increased significantly.
  • The company's revenue increased in both the North American LTL and European Transportation segments.
Better than expected
30 October 2024 6:47 AM
Investor Presentation
  • The company's Q3 2024 results exceeded expectations with significant year-over-year improvements in revenue, operating income, and adjusted EBITDA.
  • The LTL segment's performance was particularly strong, with a 17% increase in adjusted operating income and a 200 basis point improvement in the adjusted operating ratio.
  • The company's LTL yield and revenue per shipment, excluding fuel, also showed strong growth, indicating effective pricing strategies.
Better than expected
30 October 2024 6:45 AM
Quarterly Report
  • XPO's adjusted EBITDA increased by 20% year-over-year, exceeding expectations.
  • Adjusted diluted EPS grew by 16% year-over-year, surpassing prior period results.
  • The North American LTL segment's adjusted operating income increased by 17%, indicating better than expected performance.
  • The North American LTL segment achieved an adjusted operating ratio of 84.2%, which was 200 basis points better than the prior year.
Worse than expected
4 September 2024 4:05 PM
Operating Metrics Update
  • The document indicates a decrease in key metrics such as LTL tonnage per day and shipments per day, suggesting worse than expected results.
Better than expected
1 August 2024 4:06 PM
Quarterly Report
  • The company's net income and adjusted EBITDA significantly exceeded the previous year's results, indicating better than expected performance.
  • The North American LTL segment's revenue and profitability growth was substantially higher than the previous year, demonstrating better than expected results.
  • The company's strategic initiatives, such as the acquisition of service centers and in-house trailer manufacturing, are contributing to better than expected operational efficiency and cost control.
Better than expected
1 August 2024 6:48 AM
Investor Presentation
  • The company's Q2 2024 results exceeded expectations with significant year-over-year growth in revenue, adjusted EBITDA, and adjusted diluted EPS.
  • The LTL segment's performance was particularly strong, with substantial improvements in operating income and operating ratio.
  • The company's LTL damage claims ratio reached a record low, indicating better than expected operational efficiency.
Better than expected
1 August 2024 6:46 AM
Quarterly Report
  • The company's diluted EPS from continuing operations increased significantly to $1.25, compared to $0.27 in the same period last year.
  • Adjusted EBITDA grew by 40.6% to $343 million, indicating better than expected profitability.
  • The North American LTL segment showed strong growth in revenue and operating income, exceeding expectations.
Better than expected
6 June 2024 4:06 PM
Operating Metrics Update
  • The company reported a 2.4% increase in LTL tonnage per day and a 3.8% increase in shipments per day, indicating better than expected performance in a soft freight market.
Better than expected
3 May 2024 4:06 PM
Quarterly Report
  • The company's net income, operating income, and adjusted EBITDA all showed significant improvements compared to the same period last year.
  • The North American LTL segment's revenue and profitability exceeded expectations, driving the overall positive results.
Better than expected
3 May 2024 6:49 AM
Investor Presentation
  • The company's Q1 2024 results exceeded expectations with significant year-over-year growth in revenue, adjusted EBITDA, and adjusted diluted EPS.
  • The LTL segment's performance was particularly strong, with a 50% increase in adjusted operating income and a 390 basis point improvement in adjusted operating ratio.
  • The company's LTL yield, excluding fuel, increased by 9.8% year-over-year, indicating strong pricing power.
Better than expected
3 May 2024 6:46 AM
Quarterly Report
  • The company's financial results exceeded expectations, with significant improvements in revenue, EBITDA, and earnings per share.
  • The North American LTL segment showed substantial growth and efficiency gains, surpassing previous performance.
  • The company's damage claims ratio was one of the best in the industry, indicating better operational performance.
Better than expected
2 April 2024 4:05 PM
Proxy Statement
  • XPO increased total company operating income by 16% and adjusted EBITDA by 6% year-over-year in 2023.
  • XPO's stock price increased by 163% in 2023.
Worse than expected
8 February 2024 6:46 AM
Annual Results
  • Net income decreased significantly from $666 million in 2022 to $189 million in 2023, primarily due to the absence of gains from discontinued operations and higher operating expenses.
Better than expected
7 February 2024 6:52 AM
Investor Presentation
  • The company's Q4 2023 results exceeded expectations with significant year-over-year improvements in revenue, adjusted EBITDA, and LTL operating income.
  • The LTL adjusted operating ratio improved by 380 basis points year-over-year, indicating better than expected operational efficiency.
  • LTL yield, excluding fuel, increased by 10.3% year-over-year, demonstrating better than expected pricing power.
Better than expected
7 February 2024 6:50 AM
Quarterly Report
  • The company's fourth quarter results were solidly above expectations, with significant improvements in revenue, operating income, and key operating metrics in the North American LTL segment.
  • The company's adjusted EBITDA increased by 28% year-over-year, excluding real estate gains in 2022, indicating better than expected profitability.
  • The North American LTL segment outperformed on every key operating metric, including yield growth, adjusted operating income growth, and adjusted operating ratio improvement.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.