ArcBest Reports Positive Trends Amid Market Inflection
ArcBest reported a first-quarter net loss of $1 million, but noted positive trends in pricing and volume as the truckload market benefits from structural capacity reductions. The company expects truckload rate increases in the low- to mid-double-digit range in Q2 and Q3.
Tickers: $ARCB
Topics: ArcBest earnings report LTL industry revenue trends trucking industry truckload rates