ArcBest continued to execute a freight swap during February, replacing transactional shipments with more freight from key accounts. The actions led to another decline in tonnage, which was mostly offset by higher yields that are supportive of margins, a Friday filing with the Securities and Exchange Commission showed.
The company’s asset-based unit, which includes less-than-truckload operations, reported a 3% year-over-year (y/y) decline in revenue per day during February, an improvement...
https://www.freightwaves.com/news/arcbest-again-swaps-freight-for-better-yields-in-february