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XPO’s tonnage turns positive in February
XPO announced that its tonnage returned to positive territory in February 2026, marking the first time since June 2024. The less-than-truckload carrier reported a 0.2% year-over-year increase in tonnage, driven by a 3% rise in daily shipments despite a decline in weight per shipment. This positive trend aligns with favorable manufacturing data and the company’s strategic initiatives, including adding local accounts and expanding services, positioning XPO for expected operating margin improvement in the first quarter.