ArcBest’s Q2 results muted by headwinds in asset-light unit
ArcBest misses second-quarter expectations as losses at its asset-light business continue.
ArcBest misses second-quarter expectations as losses at its asset-light business continue.
ArcBest reported second-quarter results on Friday, which came in light of analysts’ expectations.
Less-than-truckload carrier XPO bested second-quarter expectations on Thursday as tonnage and yields continued to move higher.
Less-than-truckload carrier XPO beat second-quarter expectations as tonnage and yield increases were complemented by effective cost management.
Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.
Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations.
A first look at less-than-truckload carrier Saia’s second-quarter earnings report.
Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.
Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.
Less-than-truckload carrier Saia announced two new terminal openings on Monday and said it will now open 18 to 21 terminals this year versus a prior expectation of 16.
ABF Freight head Seth Runser has been named president of ArcBest. He will be succeeded by the less-than-truckload carrier’s engineering vice president, Matt Godfrey.
Less-than-truckload carrier XPO said it has expanded its cross-border service with the launch of XPO Mexico+.
Less-than-truckload carrier Saia continues to open terminals acquired from bankrupt Yellow Corp.
Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.
Industry expert Satish Jindel offers perspective on Forward Air’s controversial merger with Omni Logistics.
ArcBest’s efforts to improve freight mix are producing big swings in its operating metrics, a May update revealed.
Less-than-truckload carrier XPO reported a modest increase in volumes during May, but yields took a notable step higher.
Old Dominion’s volume metrics continue to lag peers, largely by design.
Less-than-truckload carrier Saia reported an acceleration in its volume metrics for May, sending its share price up 14% on Tuesday.
Yellow Corp. gets to exclusively oversee its liquidation for another 90 days, keeping shareholders’ hopes for recovery alive.