Old Dominion Yield Jumps 13% in August as Diesel Climbs 46%
LTL carrier's revenue per hundredweight accelerated from July, but tonnage stayed slightly negative. Fuel surcharge step-ups padded margins as diesel spiked…
#Manufacturing Pmi
6 posts tagged with this topic.
Manufacturing PMI Slips to 54.6 as New Orders Cool 3 Points
Eighth straight month of expansion, but new-order index fell to 53.7 in August. Supplier deliveries slowed for the ninth month running, and 71% of…
LTL Tonnage Up 5% in July as Manufacturing Hits Four-Year High
Four major LTL carriers beat seasonal volume trends by 250 to 400 basis points in July. Manufacturing PMI at 55.6, highest since May 2022, signals more…
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…
XPO May Tonnage Up 0.5%, Carrier on Track to Beat Q2 Forecast
Daily shipments rose 3.3% year-over-year in May as XPO's push into small-business freight lifts volume ahead of guidance.
Saia May Tonnage Up 8.4%: Weight Per Shipment Climbs 4.5%
The LTL carrier posted accelerating tonnage growth in May, driven by heavier shipments and easier year-ago comps. Manufacturing data signals more volume ahead.