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…
#Manufacturing Pmi
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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.