Flatbed operator Daseke posted record full-year 2021 results Tuesday, with management calling for further improvement in the new year. A multiyear turnaround, which consolidated past acquisitions and reduced its fleet size and debt leverage, led the company to a 90.9% full-year adjusted operating ratio, 270 basis point better year-over-year.
The company’s fleet ended 2021 approximately 15% (870 units) smaller since the restructuring initiatives were implemented in 2019. Efforts to clean up the...
https://www.freightwaves.com/news/2022-to-build-on-record-2021-flatbed-carrier-daseke-says