ArcBest Announces LTL Rate Increase Ahead of Schedule
ArcBest (NASDAQ: ARCB) announced a 5.9% general rate increase for its less-than-truckload services, effective June 22, ahead of the typical annual cadence. The company raised second-quarter guidance due to pricing initiatives and cost reductions.
Tickers: $ARCB
Topics: guidance update LTL freight margin improvement rate increases