01—Abstract
Summary
Summary of the 8-K filed June 4, 2025. Cited figures are marked; the original filing is the authoritative source.
XPO, Inc. filed a Current Report on Form 8-K on June 4, 2025, under Item 7.01 (Regulation FD Disclosure), furnishing operating metrics for its North American Less-Than-Truckload (LTL) segment.
The filing reports final April 2025 results and preliminary May 2025 results. Both months show declines in volume, with shipments per day falling more sharply than weight per shipment. For April 2025, weight per day decreased 5.5%a compared with April 2024.
The company attributed this to a year-over-year decrease of 4.1%b in shipments per day and a decrease of 1.4% in weight per shipment. For May 2025, LTL tonnage per day decreased 5.7% compared with May 2024, driven by a 5.0% decrease in shipments per day and a 0.7% decrease in weight per shipment. The company states that actual May results may vary from the preliminary figures and that its operating results for May 2025 are not necessarily indicative of future periods.
The information is furnished rather than filed, so it is not subject to the liabilities of Section 18 of the Exchange Act. The attached Exhibit 99.1 is the June 4, 2025 press release that reports the May preliminary metrics. Shipment volume was the main driver of the decline in both months.
02—Key points
Key Highlights
- April 2025 final LTL weight per day decreased 5.5% year over year versus April 2024.
- April 2025 decline was attributed to a 4.1% decrease in shipments per day and a 1.4% decrease in weight per shipment.
- May 2025 preliminary LTL tonnage per day decreased 5.7% year over year versus May 2024.
- May 2025 decline was attributed to a 5.0% decrease in shipments per day and a 0.7% decrease in weight per shipment.
- The company states that actual May 2025 results may vary from the preliminary figures reported.
- The disclosure is furnished under Regulation FD and is not deemed filed under Section 18 of the Exchange Act.
- Exhibit 99.1 is a June 4, 2025 press release; the company describes itself as serving approximately 55,000 customers with 606 locations and 38,000 employees in North America and Europe.
03—Questions
Frequently Asked Questions
What operating metrics did XPO disclose for its North American LTL segment?
XPO disclosed final April 2025 metrics and preliminary May 2025 metrics. For April, weight per day fell 5.5% year over year, reflecting a 4.1% decline in shipments per day and a 1.4% decline in weight per shipment. For May, tonnage per day fell 5.7% year over year, reflecting a 5.0% decline in shipments per day and a 0.7% decline in weight per shipment.
Are the May 2025 figures final?
No. The May 2025 figures are preliminary, and the company states that actual results for May 2025 may vary from the preliminary results reported in the press release.
What drove the year-over-year declines in LTL volume?
In both months, shipments per day declined more than weight per shipment. The filing attributes the April decline to a 4.1% drop in shipments per day and a 1.4% drop in weight per shipment, and the May decline to a 5.0% drop in shipments per day and a 0.7% drop in weight per shipment.
Can investors rely on these monthly metrics to forecast future results?
The company cautions that its operating results for May 2025 are not necessarily indicative of the results that may be expected for future periods. The forward-looking statements in the press release are subject to the risks listed in the filing and in the company's SEC filings.
Is this information considered filed with the SEC?
The information in Item 7.01, including Exhibit 99.1, is furnished rather than filed. It is not deemed filed for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless the company specifically does so.
04—Continue