Less-than-truckload carriers continued to see positive growth trends in the second quarter, according to intraquarter updates from ArcBest and Saia on Thursday.
Transportation and logistics provider ArcBest (NASDAQ: ARCB) reported that total billed revenue per day increased 38% year-over-year in May. The company’s asset-based division, which includes LTL, reported a 24% increase in daily revenue as tonnage increased 6% and revenue per hundredweight, or yield, jumped 17%. The company previously...
https://www.freightwaves.com/news/arcbest-saia-report-positive-q2-trends-through-may