
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…
3 posts tagged with this topic.

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…

The LTL carrier posted 2.4% revenue growth to $806.2 million, but the operating ratio climbed 60 basis points to 91.7 as costs outpaced top-line gains.

TFI's truckload division lifted Q1 earnings 8¢ above consensus despite weather delays, while the newly combined LTL group posted weaker margins year-over-year.