Saia Spent $2 Billion on Network — When Does the Margin Payoff Hit?
The LTL carrier posted flat Q1 EPS after two years of terminal expansion. Execs say legacy service centers are seeing growth again now that the network runs…
#Tonnage
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XPO Q1 LTL Tonnage and Yield Climb — What the Fleet Numbers Show
XPO's LTL unit posted a 5% revenue gain in Q1 on slight tonnage growth and 4% yield increase ex-fuel. The carrier beat consensus on EPS and revenue as it added…
Old Dominion Sees Q2 Margin Gain Despite April Volume Slowdown
The Thomasville LTL carrier beat Q1 EPS estimates but flagged softer April tonnage as geopolitical uncertainty slowed customer freight decisions.
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