ArcBest, ABF Freight Raise LTL Rates 5.9% June 22 as Spot Market Jumps
The Fort Smith carrier's general rate increase takes effect June 22, six weeks earlier than the usual August cycle, as spot rates climb across all freight…
#Abf Freight
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ArcBest Pulls GRI Six Weeks Early as LTL Pricing Cycle Speeds Up
ABF Freight's 5.9% rate hike lands June 22, the fourth straight year the carrier has moved its annual increase forward on the calendar.
ArcBest Raises Q2 LTL Margin Forecast 200 Basis Points on Fuel, Rates
ABF Freight parent now expects 90.8% adjusted operating ratio in Q2, 200 bps better y/y, as diesel prices lift fuel surcharges and truckload shipments push…
ArcBest Q1 tonnage up 6.5% as ABF Freight shipment weight climbs
LTL carrier beat tonnage forecast with 5% heavier shipments; asset-based revenue rose 2% per day despite 19-cent y/y EPS drop
ArcBest Q1 Revenue Up Despite Soft Freight, What Equipment Spend Says
Fort Smith LTL and asset-light carrier posts revenue gain in uncertain market. First-quarter results offer early read on fleet capital allocation as tonnage…
ArcBest Reports Q1 Loss but Sees April Rate Firming in LTL and Truckload
The Fort Smith carrier posted a $1 million net loss but beat consensus on adjusted EPS. Executives say pricing is climbing as capacity exits continue and the…