|Bid||79.33 x 1000|
|Ask||83.92 x 800|
|Day's Range||79.96 - 82.73|
|52 Week Range||29.02 - 90.78|
|Beta (5Y Monthly)||1.97|
|PE Ratio (TTM)||100.06|
|Earnings Date||Feb 06, 2024 - Feb 12, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||90.00|
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Less-than-truckload carrier XPO reported higher shipments in November one day after it was announced to have the largest winning bid at Yellow’s terminal auction. The post XPO’s November shipment increase needed to fill 28 new terminals appeared first on FreightWaves.
XPO shares were down 3.8% in morning trade amid weakness in broader markets. Yellow, formerly known as YRC, filed for Chapter 11 bankruptcy protection in August after blaming the International Brotherhood of Teamsters union for its demise. The company was one of the nation's largest so-called less-than-truckload carriers in the U.S. and owned about 12,000 trucks and 35,000 trailers and its customers included Walmart and Home Depot.
GREENWICH, Conn. , Dec. 05, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for November 2023. LTL tonnage per day decreased 0.4%, as compared with November 2022, attributable to a year-over-year increase of 3.8% in shipments per day and a decrease of 4.1% in weight per shipment. Actual results for November 2023 may vary from the preliminary results reported above. Mario Hari