ArcBest continues trend of positive mid-quarter reports

ArcBest double moving down highway

The positive inflection in less-than-truckload (LTL) metrics during August continued with ArcBest Corp. (NASDAQ: ARCB). In a Wednesday filing, the carrier reported that total tonnage per day increased 3.5% compared to August 2019, with LTL tonnage increasing by a high single-digit percentage.

Last week, carriers Old Dominion Freight Line (NASDAQ: ODFL) and Saia (NASDAQ: SAIA) reported modest increases in tonnage on a year-over-year basis for the month, the first since COVID-19 brought large...

https://www.freightwaves.com/news/arcbest-continues-trend-of-positive-mid-quarter-reports

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