ArcBest rate hike masks slowing LTL market fortunes
At a time when truckload carriers are speculating if they have finally reached the bottom ...
As shippers become more focused on speed rather than quantity from their hauliers, XPO’s new chief operating officer, Kenny Wagers, has called on them to provide better data. Speaking to JOC, Mr Wagers says if hauliers can get shipment information earlier, they can plan with greater precision, allowing networks to run more “timely”. Like a number of operators, XPO recognises the profit potential from the less-than-trailerload market. Last year the company’s profitability went up despite declining volumes. Even so, Mr ...
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