ArcBest filing notes ‘ongoing softness’ in the U.S. freight sector

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ArcBest’s recent SEC filing indicates persistent “softness” in the U.S. freight sector due to overcapacity and low demand. Key metrics like billed revenue per hundredweight are down, while tonnage per day is up, reflecting difficulty in raising rates. The company expects a less-than-typical increase in its first-quarter operating ratio, projecting lower net income and revenue compared to the previous year.

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