XPO Inc

XPO: XNYS (USA)
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XPO Earnings: 2024 Growth Outlook Solid Thanks to Yellow Share Gains and Favorable Pricing Backdrop

XPO’s fourth-quarter organic top line rose 6% year over year thanks to LTL shipment diversions and industrywide pricing strength linked to the mid-2023 Yellow failure. Revenue came in slightly ahead of our forecast. XPO's flagship LTL revenue rose a robust 9%, while European trucking segment revenue was up 2% on pricing strength.

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