Managed Solutions Achievements
Shipments per day grew by double digits year-over-year in the third quarter, setting a quarterly record for both revenue and volumes. Truckload revenue per shipment increased by nearly 9% with improvements in gross margins.
Efficiency and Innovation
Efficiency and innovation efforts delivered $20 million in year-to-date savings. Digital and AI initiatives like the truckload carrier portal have improved productivity and reduced costs.
Strong Asset-Based LTL Performance
The Asset-Based LTL segment averaged 21,000 shipments per day, a 4% increase year-over-year. Pricing renewals saw a 4.5% average increase.
Asset-Light Segment Improvement
Asset-Light segment delivered $1.6 million of non-GAAP operating income, an improvement of nearly $6 million over last year. SG&A cost per shipment decreased over 13%, reaching the best level in Asset-Light history.