LTL carriers see strong trends flow through second quarter

Q2 comps surge on year-ago COVID lockdowns

A couple of less-than-truckload carriers provided updates through the first two months of the second quarter on Wednesday. The year-over-year advances were very large and reflected easy comparisons to 2020, which experienced a sharp falloff as parts of the economy were knocked offline amid expanding COVID-related shutdowns.

ArcBest Corp. (NASDAQ: ARCB) reported a 40% year-over-year increase in revenue per day in its asset-based segment, which includes LTL operations, during May. The company...

https://www.freightwaves.com/news/ltl-carriers-see-strong-trends-flow-through-second-quarter

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