ArcBest rate hike masks slowing LTL market fortunes
At a time when truckload carriers are speculating if they have finally reached the bottom ...
… we were prophetic, or just incredibly lucky, when in April last year, after talking to XPO’s strategy officer Ali Faghri, we wrote: ’On the road to glory with $100-plus XPO?’
Less than ten months later – record after record and one wise senior managerial appointment after another – the LTL specialist has tripled in value, now trading a whisker away from its all-time high of $96.96 set last Friday, 2 February.
Thank the trading update from Saia on that day* for ...
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