XPO reports 3.7% August tonnage growth, staying on track for Q3 guidance
AI Summary- XPO reported August tonnage growth for its less-than-truckload network.
- 3.7% year-over-year tonnage growth reflected 5.7% more shipments and 1.8% lower shipment weight.
- XPO's third-quarter guidance calls for a mid-single-digit year-over-year tonnage increase.