$TOPP vs $XPO: Micro-Cap Truckload Volatility Meets an Established LTL Leader TOPP is a micro-cap truckload services provider focused on the recycling export supply chain, while XPO is a multi-billion-dollar leader in North American less-than-truckload freight. The two companies operate at opposite ends of the transportation spectrum in scale, liquidity, profitability, and market positioning. TOPP has delivered improving revenue and narrowing losses but remains unprofitable, thinly capitalized, and highly volatile. XPO has posted rising revenue, expanding margins, and a stronger relative performance trend over the past year.