Transportation and logistics provider ArcBest reiterated the third-quarter margin outlook for its asset-based unit but raised expectations for its asset-light segment Monday after the market closed. ArcBest’s (NASDAQ: ARCB) asset-based unit, which includes less-than-truckload subsidiary ABF Freight, reported a 9% year-over-year increase in revenue per day for August. That was a slight acceleration from July’s 7.7%… Continue reading ArcBest sees August tonnage growth accelerate; raises Q3 asset-light guide
Wed Apr 13 07:11:02 CDT 2022
Month: September 2026
Dry Van Report: Rates tick up as truck capacity starts trickling back
Dry van spot linehaul rates paid to carriers averaged $2.21 per mile this week, minus fuel, up 1.1%, or $0.02 per mile, from the prior week. Rates climbed 33.6%, or $0.55 per mile, year over year and held 21.4%, or $0.39 per mile, above the nine-year seasonal average of $1.82 per mile, near the top… Continue reading Dry Van Report: Rates tick up as truck capacity starts trickling back
Flatbed Report: Rates hold near highs as agriculture equipment slump clouds the outlook
Flatbed spot linehaul rates paid to carriers averaged $2.66 per mile this week, minus fuel, down 0.1%, or less than a cent per mile, from the prior week. Rates climbed 31.2%, or $0.63 per mile, year over year and held 26.1%, or $0.55 per mile, above the nine-year seasonal average of $2.11 per mile, near… Continue reading Flatbed Report: Rates hold near highs as agriculture equipment slump clouds the outlook
Lean Solutions Group acquires SupportZebra, expands AI-enabled outsourcing
Lean Solutions Group (LSG) is expanding its business process outsourcing operations with the acquisition of SupportZebra, a move that will push the company’s workforce in the Philippines to over 2,000 employees. The Miami-based company announced the acquisition on Aug. 24, saying the deal strengthens its service model in automotive, fintech, e-commerce, software and health care… Continue reading Lean Solutions Group acquires SupportZebra, expands AI-enabled outsourcing
AI Can Analyze the Data, but Humans Still Own the Outcome
Artificial intelligence has become the loudest conversation in trucking, promising faster compliance checks, deeper video analytics, and instant answers to complex regulatory questions. But according to Rustin Keller, President and CEO of J. J. Keller & Associates, Inc., the technology’s growing footprint hasn’t changed who’s ultimately accountable when something goes wrong. “AI is going to… Continue reading AI Can Analyze the Data, but Humans Still Own the Outcome