Comment / Conf call redux: XPO the best of the lot – by a wide margin

ID 114808123 © Andranik Hakobyan | Dreamstime.com

It’s generally been a rotten earnings season for North American less-than-truckload (LTL) players.

(BLOODBATH! DeskOne called it at one point at the end of April, one excerpt here: “Its worst week in recent memory in the wake of results from Old Dominion and Saia – the latter clocked -21% on 26 April, after sector benchmark Old Dominion had already shed over 10% two days earlier”).

And so, as analysts digested XPO Logistics’ quarterly earnings that outshone its rivals on pretty much every ...