As Brad Jacobs prepares to exit the CEO helm at XPO Logistics, he touted two particular numbers on the company’s earnings call with analysts Friday.
The less-than-truckload business, which is the core of XPO (NYSE: XPO) after selling off multiple divisions as it looks to become a pure-play company, posted an adjusted operating ratio–the ratio of revenues to expenses– of 80.4% That was only 20 basis points better than the LTL’s division a year ago, but when real estate transactions are taken out...