A 40 percent increase in residential business threw ABF Freight System's delivery network out of kilter in the first quarter.
ABF Freight System
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
03 Aug 2015
ArcBest rode a company-wide wave of freight demand in the second quarter, with less-than-truckload carrier ABF Freight System and asset-light subsidiaries increasing revenue and profit. The asset-light businesses, however, grew faster than the asset-based LTL division.
15 Jun 2015
Two of the largest publicly owned less-than-truckload carriers, Old Dominion Freight Line and ABF Freight System, reported stronger than expected freight demand in the early second quarter, echoing the mid-quarter report of truckload company Landstar System.
28 May 2015
Carlos Martinez-Tomatis, ABF Global’s Division Vice President, on the forecast for trans-Pacific volumes — increasing imports but flat exports — and challenges that can be met by utilizing more less-than-containerload shipping and bypassing distribution centers.
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