Revenue Growth in LTL Segment
The LTL segment grew revenue excluding fuel surcharge by 21.5% year-over-year, with shipments per day up 14.2%.
Intermodal Segment Improvement
The Intermodal segment improved its adjusted operating ratio by 160 basis points year-over-year to 99.8%, driven by a 3.5% increase in revenue per load.
Cost Structure Improvements
The company made significant progress in reducing fixed costs, positively impacting operating income and positioning for future margin growth.
LTL Branding Consolidation
The company announced the adoption of the AAA Cooper brand across its entire LTL business, which is expected to enhance brand recognition and operational efficiency.