Tonnage trends remain sluggish for ArcBest and its LTL peers, but pricing is rational.
Less-than-truckload carrier ArcBest’s consolidated revenue was roughly flat relative to the same period last year, mostly in line with our anticipated run rate. The core LTL division posted decent yield (revenue per hundredweight) improvement with help from rational LTL-market pricing conditions and changes in freight profile, but the demand environment remains sluggish, partly because of elevated inventory levels among shippers. Panther’s expedited trucking services posted encouraging year-over...ArcBest is a holding company. Through its subsidiaries, the company provides a suite of freight transportation services and integrated logistics solutions. The company's operations are conducted through three reportable operating segments: Asset-Based, ArcBest, and FleetNet. The company's Asset-Based segment provides less-than-truckload services through its subsidiary, ABF Freight System, Inc., and certain other subsidiaries' motor carrier operations. The ArcBest and FleetNet reportable segments, combined, represent the company's Asset-Light operations, which provide customers end-to-end logistics solutions, designed to satisfy the supply chain and shipping requirements they encounter.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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