ABF | 4th Quarter Results….

[nightowl]

https://www.businesswire.com/news/home/20240206968120/en/ArcBest-Announces-Fourth-Quarter-and-Full-Year-2023-Results#:~:text=ArcBest's%20fourth%20quarter%202023%20operating,in%20the%20prior%2Dyear%20period.

 

[Puff Driver]

Nice year an 87.7 OR is good

 

[Sumting Wong]

Asset-based revenue per day was 7% lower y/y in January as tonnage fell 18%, which was partially offset by a 13% increase in yield. Both daily shipments and weight per shipment were off by 9% in the month.

 

[Sumting Wong]

net capital expenditures of $325 million to $375 million in 2024 compared to $245 million last year. The new capex budget includes $155 million in rolling stock and $130 million in real estate projects.

 

[Puff Driver]

Asset-based revenue per day was 7% lower y/y in January as tonnage fell 18%, which was partially offset by a 13% increase in yield. Both daily shipments and weight per shipment were off by 9% in the month.

That's all good, less freight moved at a higher profit..
That is how ODFL operated at a 71 in the same quarter..

 

[DCM_Doc]

net capital expenditures of $325 million to $375 million in 2024 compared to $245 million last year. The new capex budget includes $155 million in rolling stock and $130 million in real estate projects.

I like to see the company investing in improvements & growth.

 

[SAC75]

That's all good, less freight moved at a higher profit..
That is how ODFL operated at a 71 in the same quarter..

Waaaaaaa!!!

 

[Sumting Wong]

Stock is up again today trading as high as $145.46. I feel that we left money on the table at the last Kon tract

 

[Stimpy]

Stock is up again today trading as high as $145.46. I feel that we left money on the table at the last Kon tract

Too late to cry about it now.... But I do agree.

 

[Sumting Wong]

Too late to cry about it now.... But I do agree.

I vote no but so far as I know there were only two others that voted no. I work at a company man terminal.

 

[Teamsta II]

That's all good, less freight moved at a higher profit..
That is how ODFL operated at a 71 in the same quarter..

Do you go to the odfl board meetings and blow them under the desks?