ArcBest seeing positive trends amid market inflection
ArcBest is seeing some positive signs as carriers gain the upper hand in negotiations.
ArcBest is seeing some positive signs as carriers gain the upper hand in negotiations.
ArcBest beat first-quarter expectations Tuesday before the market opened.
Elevated diesel prices and ongoing yield improvement efforts by less-than-truckload carriers are expected to push rates to new highs in the second quarter.
Private equity firm STG announced it has acquired less-than-truckload TMS provider Carrier Logistics Inc.
FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
Shares of Forward Air moved sharply lower on Wednesday after a stock market news site reported a full-company sale is “unlikely.”
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Less-than-truckload carrier Saia’s tonnage declines moderated in February, with volumes remaining higher on a two-year-stacked comparison.
XPO sees tonnage return to positive territory in February.
Forward Air said it is “nearing the conclusion” of a strategic review, which investors called for following the company’s controversial merger with Omni Logistics.
Less-than-truckload carrier Averitt announces expansion plans to its terminal network.
Less-than-truckload carrier Saia missed fourth-quarter expectations on Tuesday but said the recent period could mark the trough for margins.
Less-than-truckload carrier Saia missed fourth-quarter expectations ahead of the market open on Tuesday.
XPO’s less-than-truckload tonnage was flat in January, breaking an 18-month stretch of declines.
XPO beat fourth-quarter expectations on Thursday.
Less-than-truckload carrier Old Dominion voiced optimism about a potential demand inflection but cautioned that this cycle has been full of false starts.
Old Dominion Freight Line beat fourth-quarter expectations as cost management and yield hikes helped offset volume declines.
ArcBest is cutting costs and improving processes as the market looks to shake off a prolonged downturn.
Transportation and logistics provider ArcBest missed fourth-quarter consensus expectations.