XPO Shares Drop 6.3% on LTL Division's November Decline
Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Onsdagar
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XPOs LTL division reported a 5.4% decline in November tonnage, driven by a 2.2% drop in shipments and a 3.2% reduction in average shipment weight. This follows a 3.8% decline in October, indicating a slowdown in the manufacturing sector. Despite todays 6.3% stock drop, XPOs shares are still up 1.6% year-to-date, trading at $134.65, 15% below their December 2024 peak.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
