Management from ArcBest isn’t shying away from the prospect of its asset-based unit, which includes less-than-truckload operations, achieving a mid-80% operating ratio. On a Tuesday call with analysts, company officials said the potential for further margin improvement stems from capacity investments it is making in its fleet, terminals and people, as well as several years of yield improvement on its customer book.
ArcBest (NASDAQ: ARCB) reported third-quarter adjusted earnings per share of...
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