How XPO’s (XPO) Eased Tonnage Decline and Margin Guidance Could Shape Its Investment Case

In September 2025, XPO reported August operating data showing that tonnage declines were easing and reaffirmed its third-quarter margin guidance, demonstrating continued operational resilience despite softer freight demand. This update provided investors with greater visibility into XPO's ability to manage through industry cycles, highlighting the effectiveness of its cost controls and technology investments during a challenging market period. We'll examine how XPO's reaffirmed margin...