XPO Inc

XPO: XNYS (USA)
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XPO Earnings: Volumes Still Muted, but Productivity Gains Persist

Industrial-sector freight demand has yet to inflect, but XPO's first-quarter top line grew 7% year over year on higher yields (revenue per hundredweight) in the core LTL segment and good sales execution in the European trucking segment. LTL profitability continued its solid improvement trajectory.

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