As detailed in our most recent Form 10-K, as we progress through our previously discussed enterprise transformation, we will be reporting our five brands, which were formerly reported as two segments, now as one company on a consolidated basis. For
Shipments per Day |
Weight per Shipment |
Tonnage per Day |
Revenue per Hundredweight |
Revenue per Shipment | |
January | -5.3% | 4.0% | -1.5% | -5.3% | -1.5% |
February | -2.4% | 2.8% | 0.3% | -3.1% | -0.4% |
QTD | -3.9% | 3.4% | -0.7% | -4.2% | -1.0% |
As of the date of this release, the impact of the coronavirus outbreak has not had a significant impact on our 2020 financials. However, the situation is changing rapidly on a daily basis. The extent to which the coronavirus may impact our future results is uncertain and we will monitor evolving trends and make necessary adjustments as facts and circumstances dictate.
Stagnant truck freight fundamentals in 2024 are continuing to suppress U.S. trailer demand. Total trailer build decreased by 3% m/m and 39% y/y in August, totaling just 17,535 units. This…
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