XPO reported a 0.5% increase in LTL tonnage per day for May 2026, driven by higher shipments.
Quiver AI Summary
XPO, a leading North American freight transportation provider, reported preliminary operating metrics for its less-than-truckload (LTL) segment for May 2026, indicating a 0.5% increase in LTL tonnage per day compared to May 2025. This growth is attributed to a 3.3% rise in shipments per day, alongside a 2.7% decrease in weight per shipment. While these figures provide insight into the company's performance, actual results may vary. XPO, based in Greenwich, Conn., serves a wide customer base and employs approximately 37,000 people across North America and Europe. The press release also includes cautionary statements regarding forward-looking projections, emphasizing the uncertainties that could affect future outcomes.
Potential Positives
- LTL tonnage per day increased by 0.5% compared to May 2025, indicating a positive trend in freight transportation.
- The year-over-year increase of 3.3% in shipments per day suggests growing demand for XPO's services.
- The company continues to serve a large customer base of 55,000 clients, demonstrating its strong market position and customer retention.
- XPO efficiently moves 16 billion pounds of freight per year, highlighting its capacity and operational effectiveness in the logistics sector.
Potential Negatives
- Preliminary results for May 2026 are indicated to be subject to variation, which raises concerns about the reliability of reported metrics and the company's future outlook.
- Significant risks and uncertainties are highlighted in the forward-looking statements, which may contribute to operational performance volatility and lack of assurance on future results.
- The release references potential issues related to labor matters, supply chain disruptions, and compliance with various laws, which could negatively impact the company's operational stability and growth prospects.
FAQ
What were XPO's LTL segment operating metrics for May 2026?
XPO reported a 0.5% increase in LTL tonnage per day compared to May 2025, driven by a 3.3% rise in shipments.
How does XPO use technology in its operations?
XPO leverages proprietary technology to efficiently move 16 billion pounds of freight annually for 55,000 customers.
Where is XPO headquartered?
XPO is headquartered in Greenwich, Connecticut, USA, with operations across North America and Europe.
What are the risks mentioned in XPO's press release?
Risks include supply chain disruptions, labor shortages, compliance issues, and fluctuations in fuel prices and interest rates.
How can investors contact XPO for more information?
Investors can contact Brian Scasserra at +1-617-607-6429 or [email protected] for inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$XPO Insider Trading Activity
$XPO insiders have traded $XPO stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $XPO stock by insiders over the last 6 months:
- ALLISON LANDRY sold 2,400 shares for an estimated $517,471
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$XPO Revenue
$XPO had revenues of $2.1B in Q1 2026. This is an increase of 7.27% from the same period in the prior year.
You can track XPO financials on Quiver Quantitative's XPO stock page.
You can access data on XPO stock through the Quiver Quantitative API.
$XPO Hedge Fund Activity
We have seen 347 institutional investors add shares of $XPO stock to their portfolio, and 267 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS removed 4,695,176 shares (-44.8%) from their portfolio in Q1 2026, for an estimated $913,446,490
- CAPITAL RESEARCH GLOBAL INVESTORS removed 1,569,138 shares (-14.1%) from their portfolio in Q1 2026, for an estimated $305,275,797
- BESSEMER GROUP INC added 1,299,480 shares (+115.9%) to their portfolio in Q1 2026, for an estimated $252,813,834
- CERCANO MANAGEMENT LLC removed 1,189,460 shares (-61.1%) from their portfolio in Q1 2026, for an estimated $231,409,443
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,017,662 shares (-34.4%) from their portfolio in Q4 2025, for an estimated $138,310,442
- DURABLE CAPITAL PARTNERS LP removed 1,013,166 shares (-25.7%) from their portfolio in Q1 2026, for an estimated $197,111,445
- COOKE & BIELER LP removed 933,703 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $181,651,918
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$XPO Analyst Ratings
Wall Street analysts have issued reports on $XPO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stifel issued a "Buy" rating on 01/21/2026
To track analyst ratings and price targets for $XPO, check out Quiver Quantitative's $XPO forecast page.
$XPO Price Targets
Multiple analysts have issued price targets for $XPO recently. We have seen 14 analysts offer price targets for $XPO in the last 6 months, with a median target of $223.0.
Here are some recent targets:
- Bascome Majors from Susquehanna set a target price of $212.0 on 06/02/2026
- Scott Schneeberger from Oppenheimer set a target price of $236.0 on 05/04/2026
- Christopher Kuhn from Benchmark set a target price of $240.0 on 05/01/2026
- Brandon Oglenski from Barclays set a target price of $250.0 on 05/01/2026
- Jonathan Chappell from Evercore ISI Group set a target price of $222.0 on 05/01/2026
- Christian Wetherbee from Wells Fargo set a target price of $235.0 on 05/01/2026
- Jason H. Seidl from TD Cowen set a target price of $224.0 on 05/01/2026
Full Release
GREENWICH, Conn., June 03, 2026 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for May 2026. LTL tonnage per day increased 0.5%, as compared with May 2025, attributable to a year-over-year increase of 3.3% in shipments per day and a decrease of 2.7% in weight per shipment. Actual results for May 2026 may vary from the preliminary results reported above.
About XPO
XPO, Inc. (NYSE: XPO) is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The company’s customer-focused organization efficiently moves 16 billion pounds of freight per year, enabled by its proprietary technology. XPO serves 55,000 customers with 594 locations and 37,000 employees in North America and Europe, and is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on LinkedIn , Facebook , X , 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 and shortages, 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 to our customers’ demands; our ability to implement our cost and revenue initiatives and realize growth and expansion as a result of those initiatives; our ability to improve pricing growth; the effectiveness of our action plan, and other management actions, to improve our North American LTL business; our ability to continue insourcing linehaul in ways that enhance our network efficiency and productivity; the anticipated impact of a freight market recovery on our business; our ability to capture profitable share gains, facilitate yield growth, and improve margins during an upcycle; our ability to benefit from a sale, spin-off or other divestiture of one or more business units or to successfully integrate and realize anticipated synergies, cost savings and profit opportunities from acquired companies; goodwill impairment; issues related to compliance with data protection laws, competition laws, and intellectual property laws; fluctuations in currency exchange rates, fuel prices and fuel surcharges; our ability to develop and implement proprietary technology and suitable information technology systems that contribute to cost and productivity improvements; the impact of potential cyber-attacks and information technology or data security breaches or failures; our ability to repurchase shares on favorable terms; our indebtedness; our ability to raise debt and equity capital; fluctuations in interest rates; seasonal fluctuations; our ability to maintain positive relationships with our network of third-party transportation providers; our ability to attract and retain management talent and key employees including qualified drivers; labor matters; litigation; and competition. We caution that our operating results for May 2026 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 Contact
Brian Scasserra
+1-617-607-6429
[email protected]
Media Contact
Cole Horton
+1-203-609-6004
[email protected]