First look: ArcBest Q1 results
ArcBest beat first-quarter expectations Tuesday before the market opened.
ArcBest beat first-quarter expectations Tuesday before the market opened.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
ArcBest’s February update displayed stable results for its less-than-truckload segment, while its outlook for asset-light operations improved.
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.
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.
Weak shipment counts have pushed profit expectations lower at FedEx Freight.
Old Dominion Freight Line’s November update showed modest improvement from October.
Less-than-truckload carrier Saia reports tonnage improvement in November.
ArcBest reported improvement in revenue trends during November but reiterated its expectation for margin erosion in the fourth quarter.
XPO’s fourth-quarter update showed less-than-truckload trends largely in line with the company’s prior guidance.
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
ArcBest beat expectations for the third quarter but flagged significant margin deterioration in its asset-based unit in the fourth quarter.