XPO LogisticsNYSE: XPO

XPO just delivered another impressive earnings report.

XPO, Inc. (NYSE:XPO ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Mario Harik - Chief Executive Officer Kyle Wismans - Chief Financial Officer Ali Faghri - Chief Strategy Officer Conference Call Participants Ken Hoexter - Bank of America Scott Group - Wolfe Research Daniel Imbro - Stephens, Inc. Fadi Chamoun - BMO Capital Markets Chris Wetherbee - Wells Fargo Jon Chappell - Evercore ISI Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Scott Schneeberger - Oppenheimer & Company Bruce Chan - Stifel Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen Stephanie Moore - Jefferies Ari Rosa - Citi Jordan Alliger - Goldman Sachs Operator Welcome to the XPO Third Quarter 2024 Earnings Conference Call and Webcast. My name is Paul, and I will be your operator for today's call.

While the top- and bottom-line numbers for XPO (XPO) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

GREENWICH, Conn., Oct. 02, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its third quarter conference call and webcast on Wednesday, October 30, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com .

XPO and RXO stocks have done well this year as they continued beating the S&P 500 index. XPO has risen by over 30% while RXO has jumped by 22.35%.

GREENWICH, Conn., Aug. 24, 2024 (GLOBE NEWSWIRE) -- Three drivers from XPO (NYSE: XPO), a leading provider of LTL freight transportation in North America, took home top awards tonight at the 2024 National Truck Driving Championships (NTDC). The competition, known as the “Super Bowl of Safety,” was held in Indianapolis from August 21 to 24.

XPO's commitment to improving service quality continues to drive positive results, as damage claims reached record lows while yield reached record highs. The Company continues to invest in its network capacity, driving down the average age of tractors to 4 years. With a lower average age and higher efficiency, maintenance costs were reduced. Of the 28 service centres XPO acquired, 14 have already opened, with another 10 planned to open in 2H24. The remaining four will open in early 2025.

XPO's initiatives to improve customer satisfaction and expand capacity are paying off. Its North American adjusted operating ratio improved by 440 basis points.

While the top- and bottom-line numbers for XPO (XPO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.