Bad weather in Q1, major infrastructure works in and around the port and geopolitical factors affecting trade networks are clouding the terminal operator's full-year outlook.
A prime indicator of higher truckload contract pricing from DAT shows contract rates are still catching up with market conditions and may not peak until next year.
Terminal cuts in smaller markets will affect about 1% of the LTL doors in the ABF Freight network, which has more than 220 facilities.
