http://biz.yahoo.com/prnews/060724/dam005.html?.v=49
Total billed revenue per hundredweight was $25.22, an increase of 5.5% over last year's second quarter figure of $23.91. Total billed revenue per hundredweight, excluding fuel surcharge, increased by 1.9%. "The industry pricing environment is competitive but firm, consistent with recent quarters. The retention of the April 3rd general rate increase is in line with our expectations, and price increases on contract renewals are acceptable," said Mr. Davidson. During the second quarter of 2006, ABF continued to experience significant and positive freight profile changes that reduced the reported revenue per hundredweight. Compared to last year, ABF's second quarter 2006 total weight per shipment increased by 4.7% while total length of haul declined by 1.6%. The combination of higher weight per shipment and shorter length of haul reduce the reported revenue per hundredweight without a corresponding reduction in effective pricing or shipment profitability.
Total billed revenue per hundredweight was $25.22, an increase of 5.5% over last year's second quarter figure of $23.91. Total billed revenue per hundredweight, excluding fuel surcharge, increased by 1.9%. "The industry pricing environment is competitive but firm, consistent with recent quarters. The retention of the April 3rd general rate increase is in line with our expectations, and price increases on contract renewals are acceptable," said Mr. Davidson. During the second quarter of 2006, ABF continued to experience significant and positive freight profile changes that reduced the reported revenue per hundredweight. Compared to last year, ABF's second quarter 2006 total weight per shipment increased by 4.7% while total length of haul declined by 1.6%. The combination of higher weight per shipment and shorter length of haul reduce the reported revenue per hundredweight without a corresponding reduction in effective pricing or shipment profitability.