XPO Provides North American LTL Operating Data for August 2023
05 Setembro 2023 - 5:10PM
XPO (NYSE: XPO), a leading provider of freight transportation in
North America, today reported certain preliminary LTL segment
operating metrics for August 2023. LTL tonnage per day increased
3.1%, as compared with August 2022, attributable to a
year-over-year increase of 8.1% in shipments per day and a decrease
of 4.6% in weight per shipment. Actual results for August 2023 may
vary from the preliminary results reported above.
About XPO
XPO, Inc. (NYSE: XPO) is one of the largest providers of
asset-based less-than-truckload (LTL) transportation in North
America, with proprietary technology that moves goods efficiently
through its network. Together with its business in Europe, XPO
serves approximately 49,000 customers with 562 locations and 37,000
employees. The company is headquartered in Greenwich, Conn., USA.
Visit xpo.com for more information, and connect with XPO on
Facebook, X, LinkedIn, Instagram and YouTube.
Forward-looking Statements
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements other than statements of historical fact are, or may
be deemed to be, forward-looking statements. In some cases,
forward-looking statements can be identified by the use of
forward-looking terms such as “anticipate,” “estimate,” “believe,”
“continue,” “could,” “intend,” “may,” “plan,” “potential,”
“predict,” “should,” “will,” “expect,” “objective,” “projection,”
“forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,”
“trajectory” or the negative of these terms or other comparable
terms. These forward-looking statements are based on certain
assumptions and analyses made by us in light of our experience and
our perception of historical trends, current conditions and
expected future developments, as well as other factors we believe
are appropriate in the circumstances.
These forward-looking statements are subject to known and
unknown risks, uncertainties and assumptions that may cause actual
results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by such
forward-looking statements. Factors that might cause or contribute
to a material difference include the risks discussed in our filings
with the SEC, and the following: the effects of business, economic,
political, legal, and regulatory impacts or conflicts upon our
operations; supply chain disruptions, the global shortage of
certain components such as semiconductor chips, strains on
production or extraction of raw materials, cost inflation and labor
and equipment shortages; our ability to align our investments in
capital assets, including equipment, service centers, and
warehouses and other network facilities, to our customers’ demands;
our ability to implement our cost and revenue initiatives; the
effectiveness of our action plan, and other management actions, to
improve our North American LTL business; our ability to benefit
from a sale or other divestiture of one or more business units; our
ability to successfully integrate and realize anticipated
synergies, cost savings and profit improvement opportunities with
respect to acquired and spun-off companies; goodwill impairment,
including in connection with a business unit sale or other
divestiture; fluctuations in currency exchange rates; fuel price
and fuel surcharge changes; the expected benefits of the spin-off
of RXO, Inc.; the impact of the prior spin-offs of GXO Logistics,
Inc. and RXO, Inc. on the size and business diversity of our
company; our ability to develop and implement suitable information
technology systems and prevent failures in or breaches of such
systems; our indebtedness; our ability to raise debt and equity
capital; fluctuations in fixed and floating interest rates; our
ability to maintain positive relationships with our network of
third-party transportation providers; our ability to attract and
retain qualified drivers; labor matters; litigation; risks
associated with our self-insured claims; governmental or political
actions; and competition and pricing pressures. We caution that our
operating results for August 2023 are not necessarily indicative of
the results that may be expected for future periods.
All forward-looking statements set forth in this release are
qualified by these cautionary statements and there can be no
assurance that the actual results or developments anticipated by us
will be realized or, even if substantially realized, that they will
have the expected consequences to or effects on us or our business
or operations. Forward-looking statements set forth in this release
speak only as of the date hereof, and we do not undertake any
obligation to update forward-looking statements except to the
extent required by law.
Investor ContactBrian
Scasserra+1-617-607-6429brian.scasserra@xpo.com
Media ContactKarina
Frayter+1-203-484-8303karina.frayter@xpo.com
XPO (NYSE:XPO)
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