NewsArcBest rate hike masks slowing LTL market fortunes

September 9, 2024by 0

At a time when truckload carriers are speculating if they have finally reached the bottom of their market, shippers using less-than-truckload (LTL) carriers are facing a rate hike. With effect from today, ArcBest is implementing a general rate increase of 5.9%.
According to the carrier’s securities filing of last week, the increase may vary by lanes and shipments.
LTL carriers have rolled through the softer market of the past 18 months with …

The post ArcBest rate hike masks slowing LTL market fortunes appeared first on The Loadstar.

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