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Daseke Reports Record Results for Second Quarter of 2021 and Raises 2021 Outlook Strong operational execution and improving demand combine to drive record quarterly Operating Ratio and Adjusted EBITDA

Daseke Reports Record Results for Second Quarter of 2021 and Raises 2021 Outlook Strong operational execution and improving demand combine to drive record quarterly Operating Ratio and Adjusted EBITDA
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ArcBest® Announces Second Quarter 2021 Results

ArcBest® Announces Second Quarter 2021 Results
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Covenant Logistics Group Announces First Quarter Financial

Combined Truckload Revenue
Mr. Parker commented on truckload operations, “For the quarter, total revenue in our truckload operations decreased 8.3%, to $154 million, compared to 2020, consistent with our plan to refocus our asset-based fleet around Dedicated and Expedited operations while downsizing solo-driver refrigerated and reducing one-way irregular routes and other less profitable operations. The revenue decrease consisted of $13.0 million lower freight revenue and $1.0 million lower fuel surcharge revenue. The decrease in freight revenue primarily related to a 15.6% average operating fleet reduction, offset by an 8.0% increase in freight revenue per tractor. In the first quarter, we experienced a 4.1% increase in average freight revenue per total mile from $1.84 in 2020 to $1.91 in 2021. Average miles per tractor increased by 3.8% over the prior year period. In addition, the unseated truck percentage increased to 5.3% compared to 3.1% in the prior year period.” ....

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Daseke Reports Results for First Quarter of 2021 Improved operations positions Company to benefit from strong freight environment and industrial demand

Article content
ADDISON, Texas, May 07, 2021 (GLOBE NEWSWIRE) Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today reported financial results for the quarter ended March 31, 2021.
First Quarter Highlights:
Revenue of $333.9 million
Net loss of $7.3 million, or ($0.13) per share attributable to common stockholders, compared to net loss of $16.3 million in last year’s first quarter
Adjusted Net Income ex-Aveda was $4.1 million, or $0.04 per share attributable to common stockholders
Adjusted EBITDA was $35.5 million
Cash flows from operating activities of $29.5 million and Free Cash Flow of $34.4 million
Delivered Operating Ratio (“OR”) of 97.6% and Adjusted Operating Ratio of 95.6% ....

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ArcBest® Announces First Quarter 2021 Results

ArcBest® Announces First Quarter 2021 Results
- First quarter 2021 revenue of $829.2 million, and net income of $23.4 million, or $0.87 per diluted share. On a non-GAAP1 basis, first quarter 2021 net income of $27.2 million, or $1.01 per diluted share.
- Record quarterly revenue that increased 18% over last year.
- First quarter operating income, which increased more than three times over first quarter 2020, was the best in ArcBest s history.
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FORT SMITH, Ark., May 4, 2021 /PRNewswire/ ArcBest
® (Nasdaq: ARCB), a leader in supply chain logistics, today reported first quarter 2021 revenue of $829.2 million compared to first quarter 2020 revenue of $701.4 million. ArcBest s first quarter 2021 operating income was $32.2 million and net income was $23.4 million, or $0.87 per diluted share compared to first quarter 2020 operating income of $7.8 million and net income of $1.9 million, or $0.07 per diluted share. ....

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