XPO Reports Third-Quarter EBITDA of $433 Million on $2.4 Billion in Sales
The less-than-truckload shipper reported third-quarter EBITDA of $433 million and sales of $2.4 billion. The body says high diesel prices and rising interest rates have not derailed the freight economy yet.
By Al RootHigh diesel prices and rising interest rates haven't derailed the freight economy yet.Thursday, less-than-truckload (LTL) shipper XPO reported third-quarter earnings before interest, taxes, depreciation, and amortization (Ebitda) of $433 million from sales of $2.4 billion. Wal Street was…