Operating Margin Improvement
A 40 basis point improvement in operating margins was achieved during the quarter, indicating efficient cost management and operational improvements.
Intermodal Volume Growth
Intermodal volumes increased by 8% year-over-year due to bid wins, pull-forward of inventory, and benefits from the EASO joint venture.
Cost Reduction Program
Implemented a $40 million cost reduction program, with half of it already executed, focusing on purchase transportation and managing headcount.
Joint Venture Success
The EASO joint venture contributed to significant volume growth in Mexico, with volumes up 4x year-over-year.
Improved Warehouse Utilization
An 1,100 basis point improvement in warehouse utilization year-over-year was achieved after implementing operational efficiency enhancements.