Key metrics for logistics provider ArcBest Corp. (NASDAQ: ARCB) showed that less-than-truckload demand improved again in November. The company’s Tuesday filing with the SEC noted that the positive trends previously reported in October remained in place during November.
The Fort Smith, Arkansas-based company reported a 9% year-over-year increase in November revenue in its asset-based division as tonnage increased 8% and revenue per hundredweight, or yield, was up 1%. Tonnage in the company’s LTL...
https://www.freightwaves.com/news/arcbest-continues-streak-of-positive-ltl-updates