XPO Logistics LNG trucks

About truck brokerage… all you need to need is here.

Margin

1. On brokerage, there was a 400-basis-point sequential contraction in net revenue margin. What would you attribute that to?

XPO: Some of that is related to seasonality — that typically results in some margin degradation from Q1 to Q2. Also, the cycle is maturing a bit. In Q1, we had tons of rail congestion, and freight that typically went by intermodal was moved by truckload instead. While the margin percentage was ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.