XPO Shares Jump After Strong Q2 Results, LTL Unit Posts Record Margins
XPO Logistics shares rose in pre-market trade after the company reported a second-quarter performance that exceeded analyst expectations. Adjusted diluted earnings per share reached $1.70, beating the consensus by $0.23 and improving 65 cents year-over-year. Strong LTL mix and efficiency initiatives drove record operating results, while consolidate…