Management from logistics provider ArcBest Corp (NASDAQ: ARCB) said during their third-quarter conference call with analysts on Tuesday that they are experiencing some of the best tonnage trends in company history. Asset-based revenue per day, including less-than-truckload (LTL) revenue, was up 9% year-over-year in October with tonnage increasing 10%.
Improvements in the industrial and housing sectors, along with very strong consumer spending, are driving the increase in demand. A survey of...
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